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
34221 Real Estate Market
34221 Housing Market: Palmetto, FL
What's Happening With Homes in 34221?
Updated November 9, 2026
Homes in ZIP code 34221 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 ZIP code 34221, 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
As of November 9, 2026
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 this ZIP'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 this ZIP'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 this ZIP'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.
Is The 34221 Market Changing?
As of November 9, 2026
| Metric | 34221 Now | Last Year | Palmetto |
|---|---|---|---|
| Homes For Sale | 511 | 401 | 511 |
| Typical Sale Price | $345,000 34221 matches the city median | $344,311 | $345,000 |
| Homes Sold, 30 Days | 69 | 69 | 69 |
As of November 9, 2026, homes in 34221 had 4.8 months of supply, compared with 4.8 months across Palmetto as a whole. The typical home here took 55 days to sell, against 55 days citywide.
Homes For Sale In 34221
Listed on the MLS
$494,900about $4,664/mo$0 down USDA
5103 Levana
Palmetto, FL 34221
5 bd · 3 ba · 2,854 sq ft
Single Family
USDA-eligible area · $173 per sq ft · HOA about $158 per month
Listed on the MLS
$420,000about $3,581/mo$0 down USDA
8922 Founders
Palmetto, FL 34221
4 bd · 4 ba · 2,909 sq ft
Single Family
USDA-eligible area · $144 per sq ft · No HOA
Listed on the MLS
$259,900about $2,912/mo$0 down USDA
5438 Tripoli
Palmetto, FL 34221
3 bd · 3 ba · 1,664 sq ft
Townhome
USDA-eligible area · $156 per sq ft · HOA about $341 per month
Listed on the MLS
$255,900about $2,283/mo$0 down USDA
321 45th Street
Palmetto, FL 34221
3 bd · 1 ba · 1,171 sq ft
Single Family
USDA-eligible area · $219 per sq ft · No HOA
Listed on the MLS
$430,000about $3,728/mo$0 down USDA
727 47th
Palmetto, FL 34221
3 bd · 2 ba · 1,856 sq ft
Single Family
USDA-eligible area · $232 per sq ft · No HOA
Listed on the MLS
$299,000about $2,607/mo$0 down USDA
4706 69th
Palmetto, FL 34221
3 bd · 2 ba · 1,481 sq ft
Single Family
USDA-eligible area · $202 per sq ft · HOA about $53 per month
Listed on the MLS
$207,000about $1,808/mo$0 down USDA
8470 Imperial
Palmetto, FL 34221
2 bd · 2 ba · 1,344 sq ft
Condo
USDA-eligible area · $154 per sq ft · No HOA
Listed on the MLS
$239,900about $2,230/mo$0 down USDA
2325 28th
Palmetto, FL 34221
3 bd · 3 ba · 1,142 sq ft
Townhome
USDA-eligible area · $210 per sq ft · HOA about $54 per month
Data courtesy of Stellar MLS as distributed by MLS GRID as of Oct 13, 2026 2:36 PM ET through Oct 14, 2026 2:36 PM ET.
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The market statistics above describe all of ZIP code 34221. Enter your property address in Palmetto, FL for a property-specific estimate based on your home, not the blended ZIP 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 34221 Real Estate Market
It is a balanced time to sell in 34221, with neither side holding a clear edge. As of November 9, 2026, 34221 shows 4.8 months of supply and 511 active listings, conditions typical of a balanced market in Palmetto. Individual results still depend on pricing, condition, and location within the ZIP code.
The typical home in 34221 took 55 days to sell as of November 9, 2026, counting total time on market including any earlier listing periods for the same property. That figure reflects recent closed sales in Palmetto, not just the homes currently listed for sale in the ZIP code today.
Homes in 34221 sold for about 99.1% of asking price as of November 9, 2026, based on the median close-to-list ratio over the last 30 days, meaning a home listed at $500,000 typically sold for about $496,000. That figure includes homes that sold above list and below list within ZIP code 34221.
34221 is currently a balanced market as of November 9, 2026, with about 4.8 months of supply and 511 homes currently for sale. Months of supply compares active inventory to recent sales, and values below about 4 months generally favor sellers while values above about 6 months favor buyers in Palmetto.
Home prices in 34221 were up 0.2% year over year as of November 9, 2026, comparing the median sale price from the last 90 days with the same period a year earlier. Monthly swings can differ, but that figure shows the broader price direction for closed sales in ZIP code 34221.
As of November 9, 2026, there are 511 homes for sale in ZIP code 34221, representing active MLS listings buyers can shop today. That count shifts weekly as new listings arrive and others go under contract, so check back for the latest inventory in the ZIP code.
Selling a home in 34221 through HomeJam starts at $499 for the DIY tier, with Guided at 1 percent and Concierge at 2.5 percent of the sale price. Your total cost depends on which tier you choose plus other transaction expenses such as title, taxes and any concessions you agree to.
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About This Data
Market statistics are calculated using MLS data for ZIP code 34221.
Data is updated weekly. Last updated November 9, 2026.
Data courtesy of Stellar MLS as distributed by MLS GRID as of November 1, 2025 through November 9, 2026.