499 homes sold in Palmer Ranch in the last year, at a typical $498K
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Palmer Ranch homes are listed.
Every place Palmer Ranch homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Palmer Ranch.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Palmer Ranch’s sales are condos, at $368K less than a house
328 houses and 131 condos sold in the year to May 2026. Houses sell faster.
typical sale · 328 sold in 12 months
- Per square foot
- $288FL $245
- Days to sell
- 56
- Sold over asking
- 6%
- Listings with a price cut
- 37%
typical sale · 131 sold in 12 months
- Per square foot
- $218FL $262
- Days to sell
- 67
- Sold over asking
- 5%
- Listings with a price cut
- 35%
Townhouses: 40 sold, typical $368K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.4 times the 2016 price
499 sales in the last year, against 804 in 2021 and a low of 377 in 2024. The typical sale went from $344K in 2016 to $498K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Palmer Ranch
Check a listing against what Palmer Ranch homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Palmer Ranch are back to pre-pandemic levels, but a quarter fewer homes come up for sale
We read every month of Palmer Ranch’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 499 sales.
If you’re buying in Palmer Ranch
- Shop in February. It brings about 67 new listings a month, close to the busiest month, with fewer bidding wars (6% over asking).
- You can negotiate. 38% of listings have cut their price, against 29% before the pandemic.
- Offer under asking. Buyers paid 95.6% of the list price on average; 6% paid over.
- You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 64 days.
Winter brings the homes; spring brings the bidding wars
January has the most new listings (about 79 a month), but May is the most competitive: 14% of May sales close over asking. February has the least competition (6%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Florida as a whole
| Palmer Ranch now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 6% | 3% | 27% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 22% | 20% | 64% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 38% | 29% | 29% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 95.6% | 96.2% | 99.7% | 96.3% |
| Days to sellMedian days from listing to contract | 64 | 81 | 15 | 76 |
178 homes for sale on a typical day
That’s 4.4 times the 2021 low (40), 22% fewer than in 2017–19 and well under 2019’s 244.
1 in 3 listings has cut its price
38% in the last year, against 29% in 2017–19 and 28% across Florida. More sellers are pricing high and coming down.
Since 2019, houses are up 46%, condos 36%
A house typically sold for $637K in the last year (328 sales), a condo for $270K (131).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Palmer Ranch ranks 390th of 534 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Palmer Ranch is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Palmer Ranch home costs about $2,904 a month
Price: Palmer Ranch’s typical sale, last 12 months. Property tax at Palmer Ranch’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Palmer Ranch is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in January
The month with the most choice. August has the fewest, about 45.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $498K home, about $3,660 a year.
Taxes vs. neighborsSchools
The schools grade for Palmer Ranch, from test results, graduation and how much students grow.
Schools in Palmer RanchTypical commute
The average one-way trip to work for people who live in Palmer Ranch.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Gulf Gate, Bee Ridge and South Gate Ridge sell for less a square foot
The busier markets within 25 miles of Palmer Ranch, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Palmer Ranch | 499 | $498K | $262 | 6% | 64 |
| Bee Ridge | 185 | $355K | $214 | 6% | 64 |
| Osprey | 159 | $671K | $285 | 3% | 59 |
| Gulf Gate | 144 | $357K | $251 | 9% | 58 |
| South Gate Ridge | 97 | $363K | $246 | 12% | 61 |
| Vamo | 75 | $499K | $287 | 3% | 80 |
| Lake Sarasota | 47 | $389K | $267 | 13% | 69 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Palmer Ranch, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Palmer Ranch. People who follow the town see it, and so do people comparing Palmer Ranch with their own town. No commission, no listing fee.
Questions about buying a home in Palmer Ranch
What do homes sell for in Palmer Ranch, FL?
499 homes sold in the year to May 2026 at a typical $498K, $262 a square foot. Houses sold for about $637K, condos for about $270K.
Is Palmer Ranch a buyer’s or seller’s market?
A seller’s market: 172 homes were for sale in May 2026 and 56 sold, about 3.1 months of supply. Buyers paid 95.6% of asking on average, and 38% of listings cut their price.
When is the best time to buy in Palmer Ranch?
January brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Palmer Ranch?
About 0.7% of a home’s value a year. On a $498K home that’s near $3,660.
Where can I see homes for sale in Palmer Ranch?
Zillow, Redfin, Realtor.com and Homes.com all carry Palmer Ranch’s MLS listings; the search links above open each one filtered to Palmer Ranch.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).