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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

$363,873

AVERAGE PRICE OF 515 HOMES

$180,223

AVERAGE PRICE OF 13 DISTRESSED HOMES

$1,603,962

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$332,190

AVERAGE PRICE OF 158 NEWLY BUILT HOMES

$646,757

AVERAGE PRICE OF 56 HOMES WITH A POOL

$312,116

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $363,873
Avg Bedrooms 2.75 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $128,166
2 bedrooms $199,453
3 bedrooms $329,187
4 bedrooms $390,621
5 bedrooms $463,427
Palmetto Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 457 450 465 467 477
Average Price $370,675 $388,980 $390,023 $379,317 $355,001
Avg Price Change -4.94% -0.27% +2.82% +6.85% +3.17%
Median Price $261,921 $267,311 $267,963 $268,717 $265,154
Med Price Change -2.06% -0.24% -0.28% +1.34% +0.75%
Avg Bedrooms 2.66 beds 2.57 beds 2.56 beds 2.55 beds 2.57 beds
Avg Bathrooms 2.08 baths 2.02 baths 2 baths 2 baths 1.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palmetto High 271 $340,476 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 515 $363,873 125 days
Distressed Homes 13 $180,223 173 days
Multi-Million Dollar Homes 28 $1,603,962 178 days
Newly Built Homes 158 $332,190 112 days
Homes with a Pool 56 $646,757 113 days
Reduced Price Homes 20 $312,116 95 days

School Data

Highly Rated Palmetto Schools

10

GENE WITT ELEMENTARY SCHOOL
Elementary School
Public

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

© 2020 My Florida Regional MLS DBA Stellar MLS, 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 MLS DBA Stellar MLS, 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.2/21/2020 10:27 AM CST