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All market snapshots / 34221

Palmetto, FL 34221 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Palmetto, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.81
ActiveActive listings: 7474PendingPending sales: 6060
Palmetto, 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): $415k$415kSoldMedian sold price (last 6 months): $354k$354k
What homes actually sell for in Palmetto, FL
Distribution of 804 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $275k to $445k
$100k to $195k: 65 sales$100k$195k to $290k: 120 sales$290k to $385k: 252 sales252sales$290k$385k to $480k: 164 sales$480k to $575k: 44 sales$480k$575k to $670k: 50 sales$670k to $765k: 17 sales$670k$765k to $860k: 14 salesMedian $354k

What the numbers say

As of August 3, 2026, Resideline is tracking 74 active listings and 60 pending sales in ZIP code 34221. That pending-to-active ratio of 0.81 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $414,614, while the median of the 804 closed sales Resideline tracked over the last six months was $354,049. 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. The median active listing in 34221 has been on the market for 10 days.

Frequently asked questions

What is the median home price in 34221?

The median closed sale price in Palmetto, FL 34221 was $354,049 over the last six months, based on 804 closed sales tracked by Resideline. The middle half of those sales ranged from $275,000 to $444,999.

Is 34221 a buyer's or seller's market?

Resideline is currently tracking 60 pending sales against 74 active listings in 34221, a pending-to-active ratio of 0.81. 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, 34221 currently looks like a seller's market.

Nearby ZIP code market data

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