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Foreclosure Homes in Palmetto, FL 34221

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Palmetto, FL Foreclosures

How much do homes sell for in Palmetto, FL?
The average home price is currently $373,089.
In Palmetto, FL, how many homes are available?
There are currently 770 active home listings available in Palmetto.
What’s the average rental cost in Palmetto, FL?
The average rental price in Palmetto is $1,456.
What is the most expensive home in Palmetto?
The most expensive home sold in Palmetto had a price of $32,669,756.
What is currently the cheapest priced home in Palmetto, FL?
The cheapest home for sale in Palmetto is priced at $18,517.

Living in Palmetto, FL

Palmetto, located in Florida's Manatee County, offers a vibrant community atmosphere enriched by outdoor activities and charming historic sites. The area's warm climate and residential intimacy make it ideal for families and nature enthusiasts. With accessible amenities and recreational options, Palmetto proves to be a delightful place to live.

Current Market Conditions in Palmetto, FL

The real estate market in Palmetto is currently experiencing a level of stability with a slight uptick in home sales over the last few months. Recently, more buyers are entering the market, attracted by the city's affordability compared to nearby areas.

Investors are taking notice of Palmetto as home values have shown steady growth, driven by demand for waterfront properties and family-friendly neighborhoods. The city’s continued development pipeline also suggests a positive trajectory for future property values.

Home Value Estimator For Palmetto, FL

There are currently 15,665 real estate properties in Palmetto, FL, with a median automated valuation model (AVM) price of $314,502.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palmetto, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Palmetto, FL, is $373,089.00, with the most expensive house in Palmetto, FL, topping out at $32,669,756.00 and the cheapest home in Palmetto, FL, clocking in at $18,517.00. In other words, there’s something for every potential homebuyer or savvy investor in Palmetto, FL!

Rent Prices In Palmetto, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palmetto, FL, is on a rollercoaster ride. The average rent price in Palmetto, FL, is $1,456.00. Indeed, when looking to rent in Palmetto, FL, you can expect to pay as little as $600.00 or as much as $3,520.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Palmetto, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Palmetto, FL 34221 Foreclosures


Market Trend for Palmetto, FL

Total Listings Available: 770

Market Values:

Home Prices from $18,517 to $32,669,756

Average Sales Price: $373,089

Rental Values:

Rental from $600 to $3,520

Average Rent Value: $1,456 / month

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