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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

$382,196

AVERAGE PRICE OF 347 HOMES

$309,980

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,664,529

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$339,174

AVERAGE PRICE OF 122 NEWLY BUILT HOMES

$487,557

AVERAGE PRICE OF 33 HOMES WITH A POOL

$293,700

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $382,196
Avg Bedrooms 2.63 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $105,910
2 bedrooms $245,366
3 bedrooms $339,775
4 bedrooms $401,169
5 bedrooms $502,336
Palmetto Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 368 391 411 426 451
Average Price $374,928 $368,257 $381,651 $375,477 $374,890
Avg Price Change +1.81% -3.64% +1.64% +0.16% +0.79%
Median Price $285,592 $283,439 $284,468 $279,864 $280,427
Med Price Change +0.76% -0.36% +1.65% -0.20% +0.68%
Avg Bedrooms 2.68 beds 2.74 beds 2.79 beds 2.8 beds 2.8 beds
Avg Bathrooms 2.11 baths 2.13 baths 2.17 baths 2.17 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lakewood Ranch High 1 $279,900 n/a
Palmetto High 149 $345,907 103 days
Parrish Community High 2 $305,500 27 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 347 $382,196 139 days
Distressed Homes 5 $309,980 595 days
Multi-Million Dollar Homes 17 $1,664,529 371 days
Newly Built Homes 122 $339,174 104 days
Homes with a Pool 33 $487,557 132 days
Reduced Price Homes 4 $293,700 32 days
Hunt Brothers Realty, Inc.
Licensed Real Estate Brokerage
630 South Orange Ave. #104
Sarasota, FL 34236
941-388-7017

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