Palm City, FL housing market

The median sale price in Palm City, FL was $459K in May 2026, down 3.8% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $504K, easing from $512K across the three months before that. That puts prices 20.9% below the strongest three-month stretch on record here, which ended in May 2022 at $637K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $622K for Jun 2026, down 1.8% year over year.

Buyers had 208 homes to choose from in May 2026, down 28.3% year over year (Redfin). At the current sales pace that standing inventory works out to 5.3 months of supply; convention treats four to six months as a balanced market, which puts Palm City, FL squarely inside it. 60 homes came to market in May 2026, down 25.9% year over year, against 39 closings, down 9.3% year over year. Homes that sold in May 2026 took a median of 66 days to go under contract, 14 days faster than this market's usual May pace.

Competition is measurable in the closings themselves: 8% settled above asking, and the average sale landed at 96% of its final list price. 28% of listings carried a price cut in May 2026.

This page tracks 10 monthly housing series for Palm City, FL — median sale price, ZHVI home value, inventory (active), median days on market, months of supply, homes sold, and more — sourced from Redfin, Zillow ZHVI, running from Aug 2016 through Jun 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.