Palmetto Armory · Photo: McGhiever · CC BY-SA 3.0157 homes sold in Palmetto in the last year, at a typical $369K
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 Palmetto homes are listed.
Every place Palmetto 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 Palmetto.
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.
29% of Palmetto’s sales are condos, at $47K more than a house
101 houses and 46 condos sold in the year to May 2026. Houses sell faster.
typical sale · 101 sold in 12 months
- Per square foot
- $237FL $245
- Days to sell
- 103
- Sold over asking
- 5%
- Listings with a price cut
- 33%
typical sale · 46 sold in 12 months
- Per square foot
- $218FL $262
- Days to sell
- 122
- Sold over asking
- 2%
- Listings with a price cut
- 27%
Townhouses: 10 sold, typical $336K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at twice the 2016 price
157 sales in the last year, against 361 in 2021 and a low of 169 in 2025. The typical sale went from $187K in 2016 to $369K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Palmetto
Check a listing against what Palmetto 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 Palmetto are rarer than before the pandemic, with about as many homes for sale
We read every month of Palmetto’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, 157 sales.
If you’re buying in Palmetto
- Shop in January. It brings about 32 new listings a month, close to the busiest month, with fewer bidding wars (12% over asking).
- You can negotiate. 31% of listings have cut their price, against 21% before the pandemic.
- Offer under asking. Buyers paid 94.7% of the list price on average; 4% paid over.
- You’ll usually have time. Only 18% of homes go under contract within two weeks; the typical one takes 94 days.
Spring brings the homes; winter brings the bidding wars
March has the most new listings (about 34 a month), but February is the most competitive: 17% of February sales close over asking. January offers nearly as much choice with fewer homes bid up (12%). October has the least competition (11%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Florida
| Palmetto now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 4% | 9% | 22% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 18% | 25% | 49% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 31% | 21% | 21% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 94.7% | 96.2% | 98.1% | 96.3% |
| Days to sellMedian days from listing to contract | 94 | 59 | 27 | 76 |
109 homes for sale on a typical day
That’s 3.1 times the 2022 low (36), about the 2017–19 level and well under 2012’s 165.
1 in 3 listings has cut its price
31% in the last year, against 21% in 2017–19 and 28% across Florida. More sellers are pricing high and coming down.
Since 2019, houses are up 44%, condos 73%
A house typically sold for $367K in the last year (101 sales), a condo for $413K (46).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Palmetto ranks 447th of 534 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Palmetto is one of the state’s calmer markets.
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 Palmetto home costs about $2,160 a month
Price: Palmetto’s typical sale, last 12 months. Property tax at Palmetto’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Palmetto is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 22.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $369K home, about $2,820 a year.
Taxes vs. neighborsSchools
The schools grade for Palmetto, from test results, graduation and how much students grow.
Schools in PalmettoTypical commute
The average one-way trip to work for people who live in Palmetto.
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.
Samoset and West Samoset sell for less a square foot
The busier markets within 25 miles of Palmetto, 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 | |
|---|---|---|---|---|---|
| Bradenton | 1,019 | $326K | $224 | 7% | 62 |
| Palmetto | 157 | $369K | $226 | 4% | 94 |
| Memphis | 79 | $311K | $221 | 11% | 56 |
| West Bradenton | 78 | $450K | $279 | 17% | 46 |
| Ellenton | 67 | $340K | $227 | 21% | 71 |
| Samoset | 27 | $284K | $218 | 15% | 66 |
| West Samoset | 24 | $266K | $202 | 8% | 60 |
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 Palmetto, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Palmetto. People who follow the town see it, and so do people comparing Palmetto with their own town. No commission, no listing fee.
Questions about buying a home in Palmetto
What do homes sell for in Palmetto, FL?
157 homes sold in the year to May 2026 at a typical $369K, $226 a square foot. Houses sold for about $367K, condos for about $413K.
Is Palmetto a buyer’s or seller’s market?
A buyer’s market: 99 homes were for sale in May 2026 and 13 sold, about 7.6 months of supply. Buyers paid 94.7% of asking on average, and 31% of listings cut their price.
When is the best time to buy in Palmetto?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Palmetto?
About 0.8% of a home’s value a year. On a $369K home that’s near $2,820.
Where can I see homes for sale in Palmetto?
Zillow, Redfin, Realtor.com and Homes.com all carry Palmetto’s MLS listings; the search links above open each one filtered to Palmetto.
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).