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All market snapshots / 34221

Palmetto, FL 34221 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Palmetto, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.06
ActiveActive listings: 6969PendingPending sales: 7373
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): $440k$440kSoldMedian sold price (last 6 months): $355k$355k
What homes actually sell for in Palmetto, FL
Distribution of 828 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $280k to $440k
$100k to $190k: 61 sales$100k$190k to $279k: 106 sales$279k to $369k: 247 sales247sales$279k$369k to $459k: 181 sales$459k to $548k: 58 sales$459k$548k to $638k: 53 sales$638k to $728k: 27 sales$638k$728k to $817k: 13 salesMedian $355k

What the numbers say

As of August 26, 2026, Resideline is tracking 69 active listings and 73 pending sales in ZIP code 34221. That pending-to-active ratio of 1.06 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $439,999, while the median of the 828 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. The median active listing in 34221 has been on the market for 3 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 828 closed sales tracked by Resideline. The middle half of those sales ranged from $279,999 to $440,000.

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

Resideline is currently tracking 73 pending sales against 69 active listings in 34221, a pending-to-active ratio of 1.06. 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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