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All market snapshots / 34221

Palmetto, FL 34221 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Palmetto, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 230230PendingPending sales: 2020
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): $395k$395kSoldMedian sold price (last 6 months): $355k$355k
What homes actually sell for in Palmetto, FL
Distribution of 793 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $275k to $443k
$100k to $188k: 66 sales$100k$188k to $275k: 87 sales$275k to $362k: 220 sales220sales$275k$362k to $450k: 189 sales$450k to $538k: 65 sales$450k$538k to $625k: 45 sales$625k to $712k: 28 sales$625k$712k to $800k: 15 salesMedian $355k

What the numbers say

As of September 14, 2026, Resideline is tracking 230 active listings and 20 pending sales in ZIP code 34221. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $395,000, while the median of the 793 closed sales Resideline tracked over the last six months was $355,000. 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 70 days.

Frequently asked questions

What is the median home price in 34221?

The median closed sale price in Palmetto, FL 34221 was $355,000 over the last six months, based on 793 closed sales tracked by Resideline. The middle half of those sales ranged from $275,000 to $442,910.

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

Resideline is currently tracking 20 pending sales against 230 active listings in 34221, a pending-to-active ratio of 0.09. 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

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