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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

$363,193

AVERAGE PRICE OF 394 HOMES

$305,333

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,688,111

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$349,040

AVERAGE PRICE OF 135 NEWLY BUILT HOMES

$430,591

AVERAGE PRICE OF 42 HOMES WITH A POOL

$357,205

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $363,193
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $94,210
2 bedrooms $236,536
3 bedrooms $314,121
4 bedrooms $384,539
5 bedrooms $605,305
Palmetto Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 411 426 451 466 458
Average Price $381,651 $375,477 $374,890 $371,970 $377,240
Avg Price Change +1.64% +0.16% +0.79% -1.42% -0.83%
Median Price $284,468 $279,864 $280,427 $278,534 $278,412
Med Price Change +1.65% -0.20% +0.68% +0.04% +2.19%
Avg Bedrooms 2.79 beds 2.8 beds 2.8 beds 2.7 beds 2.72 beds
Avg Bathrooms 2.17 baths 2.17 baths 2.16 baths 2.1 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palmetto High 177 $346,363 105 days
Parrish Community High 1 $244,900 39 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 394 $363,193 132 days
Distressed Homes 6 $305,333 496 days
Multi-Million Dollar Homes 18 $1,688,111 335 days
Newly Built Homes 135 $349,040 100 days
Homes with a Pool 42 $430,591 115 days
Reduced Price Homes 11 $357,205 110 days
Hunt Brothers Realty, Inc.
Licensed Real Estate Brokerage
630 South Orange Ave. #104
Sarasota, FL 34236
941-388-7017

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