Call or Text (240) SELL-123
Artisan Lakes Caloosa Gardens Covered Bridge Crystal Lakes Eagle Pointe Jaclyn Oaks Mariposa Sheffield Glen Stone Dam Preserve Sugar Mill Lakes Wellington Lake Manor Willow Trail

PALMETTO, FL 34221

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 34221

Artisan Lakes · Caloosa Gardens · Covered Bridge · Crystal Lakes · Eagle Pointe · Jaclyn Oaks · Mariposa · Sheffield Glen · Stone Dam Preserve · Sugar Mill Lakes · Wellington Lake Manor · Willow Trail

Market Analysis

Data as of February 2026. Source: Realtor.com.

The PALMETTO, FL real estate market (34221) currently shows 475 active listings, with 145 pending sales. Homes are averaging 82 days on the market before going under contract.

Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 82 days on market compared to 69 days last year.

The median listing price has fallen 7.3% year-over-year, from $437,250 to $405,500.

Whether you are buying or selling in PALMETTO, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PALMETTO, FL 34221 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 52,882  ·  Density: 378.8/mi²  ·  Median household income: $71,679

Typical home value: $246,915  ·  Homeownership: 78.6%

Market Overview

Active Listings
475
⇧ 8.7% vs 437 last year
Pending
145
31% pending ratio
Median Price
$405,500
⇩ 7.3% vs $437,250 last year
Average Price
$541,690
⇩ 1.9% vs $552,186 last year
Days on Market
82
⇧ 18.8% vs 69 days last year

Price Per Square Foot

Median $/sqft
$228
⇩ 6.2% vs $243/sqft last year
Median Home Size
1,851 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 475 this year vs 437 last year
  • Days on market: 82 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $405,500 (-7.3% YoY)
  • Average: $541,690 (-1.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.0 miles — 2,989 listings ($3,156,891,865 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
34221Palmetto, FL 342210.0 mi413$226,596,993$404,999$548,661
34222Ellenton, FL 342223.7 mi52$29,301,636$482,450$563,493
34205Bradenton, FL 342056.9 mi222$74,223,924$274,950$334,342
33570Ruskin, FL 335709.5 mi268$120,154,852$349,000$448,339
34207Bradenton, FL 342079.9 mi174$50,929,974$164,900$292,701
34210Bradenton, FL 3421011.0 mi334$183,564,396$335,000$549,594
34217Bradenton Beach, FL 3421711.6 mi248$527,467,232$1,395,000$2,126,884
34216Anna Maria, FL 3421612.1 mi80$289,750,080$2,995,000$3,621,876
33705Saint Petersburg, FL 3370512.5 mi191$117,584,757$387,000$615,627
33712Saint Petersburg, FL 3371213.3 mi135$68,066,460$400,000$504,196
34228Longboat Key, FL 3422814.0 mi397$875,124,568$1,195,000$2,204,344
34234Sarasota, FL 3423414.4 mi153$243,778,113$450,000$1,593,321
34202Bradenton, FL 3420215.0 mi322$350,348,880$752,500$1,088,040

Frequently Asked Questions

How many homes are for sale in PALMETTO, FL 34221?

As of February 2026, there are 475 active listings in PALMETTO, FL (zip code 34221), compared to 437 the prior year.

What is the median home price in PALMETTO, FL 34221?

The median listing price in PALMETTO, FL 34221 is $405,500 as of February 2026, a 7.3% decrease from $437,250 the prior year.

How long do homes stay on the market in PALMETTO, FL?

Homes in PALMETTO, FL 34221 spend an average of 82 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in PALMETTO, FL 34221?

Based on current inventory and days-on-market data as of February 2026, PALMETTO, FL 34221 is currently a Buyer's Market. Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 82 days on market compared to 69 days last year.

How much can I save on real estate commission in PALMETTO, FL?

With SELL123.com's maximum 3% commission, sellers in PALMETTO, FL 34221 save an estimated $8,110 compared to a typical 5% commission on the median listing price of $405,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.