Palm City Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$285,000

  • 6.6% 1-year change
  • 4.1% 1-year forecast

The median home value in Palm City is $285,000. Palm City home values have gone up 6.6% over the past year and Zillow predicts they will rise 4.1% within the next year.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Palm City is 7.0%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Palm City homeowners underwater on their mortgage is 9.3%, which is lower than Port St. Lucie Metro at 18.2%.

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Relative ZHVI
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Palm City Market Overview

Data through Jul 31, 2015
  • $285,000 ZHVI
  • 4.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $322,075 Median sale price
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Palm City Market Health

Data through Jul 31, 2015
  • 6.3/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 9.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 7.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Sewalls Point $589,100
Hobe Sound $191,000
Jensen Beach $147,700
Name Median ZHVI
Port Salerno $134,700
North River Shores $128,900
Rio $125,700
Name Median ZHVI
Port Saint Lucie $124,700
Stuart $97,300
Indiantown $90,100

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $141 Median sale price / sq ft
  • No data Listings with price cut
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Palm City Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $2,134 Palm City
    $1,389 Port St. Lucie Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • $1.02 Rent list price / sq ft
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