Who Has The Advantage?
A Balanced Market
4.8 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 4.8 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
Palmetto Housing Market
November 2026 Update
Updated November 9, 2026
Palmetto homes sold for a median of $345,000 as of November 9, 2026, up 0.2% from the same 90-day period a year earlier. In Palmetto, the typical home took 55 days to sell, counting total time on market, and 511 homes were for sale as of November 9, 2026.
See What Your Home Is WorthThis Week's Florida Market Report
Florida Housing Market Update November 9, 2026: Rates at 6-Week Low, Homes Selling Faster
Market Pulse This Week In Palmetto
As of November 9, 2026
Weekly activity across Palmetto, FL.
511
Homes For Sale
Active inventory buyers can choose from
73
New In The Last 30 Days
Listings newly added to the market
15
Price Changes
Homes that changed price this week
122
Went Under Contract
Homes that found a buyer this week
0
Back On Market
Homes returned for sale this week
What Are Homes Selling For?
$345,000
Typical Sale Price
$198
Typical Price Per Sq. Ft.
99.1%
Of Asking Price
At Palmetto's typical close-to-list ratio, a home listed at $500,000 would have sold for about $496,000.
How Long Does It Take?
55 days
Typical Time To Sell
7.2%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
Are Sellers Changing Their Prices?
As of November 9, 2026
62.2%
Of Homes For Sale Are Below Their Original Asking Price
15
Price Changes This Week
178
Price Changes In The Last 30 Days
2.9%
Share Of Inventory That Changed Price This Week
$25,000 (5.9%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Who Has The Advantage?
A Balanced Market
4.2 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 4.2 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
What Are Homes Selling For?
$367,231
Typical Sale Price
$204
Typical Price Per Sq. Ft.
99.9%
Of Asking Price
At Palmetto's typical close-to-list ratio, a home listed at $500,000 would have sold for about $500,000.
How Long Does It Take?
49 days
Typical Time To Sell
4.4%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
Are Sellers Changing Their Prices?
As of November 9, 2026
66.7%
Of Homes For Sale Are Below Their Original Asking Price
12
Price Changes This Week
145
Price Changes In The Last 30 Days
3.3%
Share Of Inventory That Changed Price This Week
$25,990 (5.5%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Where Have Prices Been Going?
As of November 9, 2026
$400K -> $375K Down 6.3% over the last 12 months
The typical sale price moved from $400,000 in Nov 2025 to $375,000 in Oct 2026, down $25,000.
Who Has The Advantage?
Buyers Have More Negotiating Power
8.9 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 8.9 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
How Long Does It Take?
14.3%
Share Of Homes Listed Before
Are Sellers Changing Their Prices?
As of November 9, 2026
71.4%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
12
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$22,100 (4.5%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Where Have Prices Been Going?
As of November 9, 2026
$945K -> $545K Down 42.3% over the last 12 months
The typical sale price moved from $945,000 in Nov 2025 to $545,000 in Oct 2026, down $400,000.
Who Has The Advantage?
A Balanced Market
4.2 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 4.2 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
How Long Does It Take?
6.3%
Share Of Homes Listed Before
Are Sellers Changing Their Prices?
As of November 9, 2026
62.5%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
7
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$23,000 (7.3%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Where Have Prices Been Going?
As of November 9, 2026
$250K -> $337.5K Up 35.0% over the last 12 months
The typical sale price moved from $250,000 in Nov 2025 to $337,500 in Oct 2026, up $87,500.
Who Has The Advantage?
A Balanced Market
5.2 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 5.2 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
How Long Does It Take?
30.8%
Share Of Homes Listed Before
Are Sellers Changing Their Prices?
As of November 9, 2026
69.2%
Of Homes For Sale Are Below Their Original Asking Price
2
Price Changes This Week
6
Price Changes In The Last 30 Days
15.4%
Share Of Inventory That Changed Price This Week
$19,500 (4.7%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Where Have Prices Been Going?
As of November 9, 2026
$272K -> $222.5K Down 18.2% over the last 12 months
The typical sale price moved from $271,975 in Nov 2025 to $222,450 in Oct 2026, down $49,525.
Who Has The Advantage?
A Balanced Market
5.2 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 5.2 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
What Are Homes Selling For?
$150,000
Typical Sale Price
$138
Typical Price Per Sq. Ft.
94.3%
Of Asking Price
At Palmetto's typical close-to-list ratio, a home listed at $500,000 would have sold for about $472,000.
How Long Does It Take?
103 days
Typical Time To Sell
5.4%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
Are Sellers Changing Their Prices?
As of November 9, 2026
41.1%
Of Homes For Sale Are Below Their Original Asking Price
1
Price Changes This Week
7
Price Changes In The Last 30 Days
1.8%
Share Of Inventory That Changed Price This Week
$20,000 (11.5%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Where Have Prices Been Going?
As of November 9, 2026
$132.5K -> $143.2K Up 8.1% over the last 12 months
The typical sale price moved from $132,500 in Nov 2025 to $143,170 in Oct 2026, up $10,670.
See What Your Property Could Be Worth Today
The market statistics above describe the Palmetto market. Enter your property address in Palmetto, FL for a property-specific estimate based on your home, not the blended market averages.
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Why Can The Numbers Sometimes Jump Around?
Not every home is the same, so if more large or expensive homes sell in a given month, the typical sale price can rise even when the market has not really changed.
1,680 sq ft
Typical Size Of Homes Sold
40.6%
New Construction
Mix By Property Type
- Single Family56 (81.2%)
- Manufactured9 (13.0%)
- Villa2 (2.9%)
- Townhome1 (1.4%)
- Condo1 (1.4%)
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Questions About The Palmetto Real Estate Market
As of November 9, 2026, the median sale price in Palmetto was up 0.2% year over year compared with the same 90-day period a year earlier, and active inventory was up 27.4% year over year.
As of November 9, 2026, the median closed sale price in Palmetto was $345,000.
As of November 9, 2026, the typical home in Palmetto took 55 days to sell, counting total time on market.
As of November 9, 2026, Palmetto had 4.8 months of supply, which is in the balanced range. As a rule of thumb, under 4 months tends to favor sellers, 4 to 6 is balanced, and over 6 tends to favor buyers. For a property-specific estimate, use the free HomeJam home valuation.
Selling costs depend on your sale price, your mortgage payoff and how you choose to sell. HomeJam's free seller net sheet estimates your net proceeds for a home in Palmetto, and HomeJam's guided selling option starts at 1% of the sale price.
About This Data
Market statistics are calculated using MLS data for Palmetto, FL.
Data is updated weekly. Last updated November 9, 2026.
Listing data provided by participating MLS sources.