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All market snapshots / 33157

Palmetto Bay, FL 33157 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Palmetto Bay, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 9191PendingPending sales: 99
Palmetto Bay, FL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $730k$730kSoldMedian sold price (last 6 months): $670k$670k
What homes actually sell for in Palmetto Bay, FL
Distribution of 418 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $500k to $1.1M
$200k to $397k: 41 sales$200k$397k to $595k: 97 sales$595k to $792k: 102 sales102sales$595k$792k to $990k: 38 sales$990k to $1.19M: 36 sales$990k$1.19M to $1.38M: 19 sales$1.38M to $1.58M: 22 sales$1.38M$1.58M to $1.78M: 22 salesMedian $670k

What the numbers say

As of October 5, 2026, Resideline is tracking 91 active listings and 9 pending sales in ZIP code 33157. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $730,000, while the median of the 418 closed sales Resideline tracked over the last six months was $670,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 33157 for 72 days.

Frequently asked questions

What is the median home price in 33157?

The median closed sale price in Palmetto Bay, FL 33157 was $670,000 over the last six months, based on 418 closed sales tracked by Resideline. The middle half of those sales ranged from $500,000 to $1,100,000.

Is 33157 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 91 active listings in 33157, a pending-to-active ratio of 0.10. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 33157 currently looks like a balanced market.

Nearby ZIP code market data

Full Palmetto Bay, FL housing market report →

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