Palm River-Clair Mel, FL housing market

The median sale price in Palm River-Clair Mel, FL was $360K in May 2026, up 12.5% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $343K, easing from $352K across the three months before that. That puts prices 5.6% below the strongest three-month stretch on record here, which ended in Sep 2023 at $364K.

Buyers had 73 homes to choose from in May 2026, down 7.6% year over year (Redfin). At the current sales pace that standing inventory works out to 3.5 months of supply; convention treats four to six months as a balanced market, which puts Palm River-Clair Mel, FL on the sellers' side of that line. 26 homes came to market in May 2026, down 16.1% year over year, against 21 closings, down 22.2% year over year. Homes that sold in May 2026 took a median of 47 days to go under contract, 12 days slower than this market's usual May pace.

Competition is measurable in the closings themselves: 24% settled above asking, and the average sale landed at 99% of its final list price. 37% of listings carried a price cut in May 2026.

This page tracks 9 monthly housing series for Palm River-Clair Mel, FL — median sale price, inventory (active), median days on market, months of supply, homes sold, new listings, and more — sourced from Redfin, running from Aug 2016 through May 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.