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Palmetto, FL 34221 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Palmetto, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 256256PendingPending sales: 1818
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): $406k$406kSoldMedian sold price (last 6 months): $364k$364k
What homes actually sell for in Palmetto, FL
Distribution of 752 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $285k to $458k
$108k to $197k: 65 sales$108k$197k to $286k: 87 sales$286k to $375k: 217 sales217sales$286k$375k to $464k: 165 sales$464k to $553k: 64 sales$464k$553k to $642k: 42 sales$642k to $731k: 25 sales$642k$731k to $820k: 12 salesMedian $364k

What the numbers say

As of October 5, 2026, Resideline is tracking 256 active listings and 18 pending sales in ZIP code 34221. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $405,999, while the median of the 752 closed sales Resideline tracked over the last six months was $364,000. 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 34221 for 76 days.

Frequently asked questions

What is the median home price in 34221?

The median closed sale price in Palmetto, FL 34221 was $364,000 over the last six months, based on 752 closed sales tracked by Resideline. The middle half of those sales ranged from $285,000 to $457,560.

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

Resideline is currently tracking 18 pending sales against 256 active listings in 34221, a pending-to-active ratio of 0.07. 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 balanced market.

Nearby ZIP code market data

Full Palmetto, FL housing market report →

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