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Palmetto

Why you'd want to live in Palmetto

One of the fastest growing areas along Florida’s Gulf Coast, Palmetto, Florida is located in western Manatee County, nestled almost perfectly between Sarasota and St. Petersburg. Close to Interstate 75 and a short drive from Tampa, Palmetto makes a perfect area for commuters to call home. With its rich history and charming downtown, Palmetto would be an ideal location for those looking to find a place to raise a family or establish a business. Its luxurious waterfront is dotted with picturesque Key West-style homes, reminiscent of the city’s days of quaint tranquility. Its dramatic growth in recent years allows Palmetto to balance the innovation and revitalization of prosperity and improvement with its deep Old Florida roots. The city features 12 city-owned parks and over 60 acres of green space, including an estuary park along the Manatee River at the south of the city.

Palmetto Market Report

$377,869

AVERAGE PRICE OF 426 HOMES

$306,485

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,668,835

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$324,705

AVERAGE PRICE OF 155 NEWLY BUILT HOMES

$519,006

AVERAGE PRICE OF 40 HOMES WITH A POOL

$317,349

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $377,869
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $83,750
2 bedrooms $229,022
3 bedrooms $317,140
4 bedrooms $397,345
5 bedrooms $526,763
Palmetto Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 451 466 458 459 449
Average Price $374,890 $371,970 $377,240 $380,379 $383,230
Avg Price Change +0.79% -1.42% -0.83% -0.75% +3.36%
Median Price $280,427 $278,534 $278,412 $272,442 $273,029
Med Price Change +0.68% +0.04% +2.19% -0.22% +1.42%
Avg Bedrooms 2.8 beds 2.7 beds 2.72 beds 2.72 beds 2.71 beds
Avg Bathrooms 2.16 baths 2.1 baths 2.15 baths 2.16 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palmetto High 207 $359,653 103 days
Parrish Community High 1 $274,900 29 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 426 $377,869 130 days
Distressed Homes 7 $306,485 429 days
Multi-Million Dollar Homes 24 $1,668,835 273 days
Newly Built Homes 155 $324,705 96 days
Homes with a Pool 40 $519,006 127 days
Reduced Price Homes 8 $317,349 222 days

School Data

Highly Rated Palmetto Schools

8

VIRGIL MILLS ELEMENTARY SCHOOL
Elementary School
Public

8

BUFFALO CREEK MIDDLE SCHOOL
Middle School
Public

Hunt Brothers Realty, Inc.
Licensed Real Estate Brokerage
630 South Orange Ave. #104
Sarasota, FL 34236
941-388-7017

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