Home Values

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

$276,000

  • 4.2% 1-year change
  • 2.5% 1-year forecast

The median home value in Palm City is $276,000. Palm City home values have gone up 4.2% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in Palm City is None.

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 May 31, 2015
  • $276,000 ZHVI
  • 2.5% 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
    (May 31, 2016)
  • No data Median listing price
  • $271,900 Median sale price (Apr 30, 2015)
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Palm City Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • 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 Apr 30, 2015
  • No recent data Median list price / sq ft
  • $128 Median sale price / sq ft
  • No data Listings with price cut
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Palm City Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,181 Palm City
    $1,380 Port St. Lucie Metro
    $1,367 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
    (Dec 31, 2014)
  • No data Rent list price
  • $1.02 Rent list price / sq ft
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