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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

$329,683

AVERAGE PRICE OF 466 HOMES

$261,202

AVERAGE PRICE OF 112 DISTRESSED HOMES

$1,800,636

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$342,106

AVERAGE PRICE OF 126 NEWLY BUILT HOMES

$515,402

AVERAGE PRICE OF 56 HOMES WITH A POOL

$324,607

AVERAGE PRICE OF 176 REDUCED PRICE HOMES

Average Home

Average Price $329,683
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $139,900
2 bedrooms $202,110
3 bedrooms $329,402
4 bedrooms $378,252
5 bedrooms $512,894
Palmetto Home Price Trends
  7/2018 6/2018 5/2018 4/2018 3/2018
Total Listings 458 449 465 n/a 435
Average Price $322,046 $317,713 $321,745 n/a $330,389
Avg Price Change +1.36% -1.27% n/a n/a -0.80%
Median Price $268,607 $260,536 $258,364 n/a $253,837
Med Price Change +3.10% +0.84% n/a n/a +0.47%
Avg Bedrooms 2.65 beds 2.65 beds 2.64 beds n/a 2.83 beds
Avg Bathrooms 2.09 baths 2.03 baths 2.01 baths n/a 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manatee High 3 $316,796 64 days
Palmetto High 210 $355,616 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 466 $329,683 127 days
Distressed Homes 112 $261,202 128 days
Multi-Million Dollar Homes 11 $1,800,636 382 days
Newly Built Homes 126 $342,106 99 days
Homes with a Pool 56 $515,402 96 days
Reduced Price Homes 176 $324,607 145 days

School Data

Highly Rated Palmetto Schools

8

VIRGIL MILLS ELEMENTARY SCHOOL
Elementary School
Public

8

BUFFALO CREEK MIDDLE SCHOOL
Middle School
Public

8

LOUISE R. JOHNSON MIDDLE SCHOOL
Middle School
Public

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

© 2018 My Florida Regional Multiple Listing Service, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional Multiple Listing Service, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.8/16/2018 4:21 PM CST