Palm City, FL is an affluent area with a median home value of $604,800. This is well above the national average of $338,100 and suggests that the real estate prices are significantly higher than average. The appreciation rate for homes in Palm City over the past year has been 17.85%, much higher than the national rate of 8.27%. This suggests that investing in housing in Palm City could yield significant rewards for potential home buyers.
The median home cost in Palm City (zip 34990) is $604,800. Home appreciation the last 10 years has been 231.4%. Home Appreciation in Palm City (zip 34990) is up 27.2%.
Average Age of Homes
- The median age of Palm City (zip 34990) real estate is 27 years old
The Rental Market in Palm City (zip 34990)
- Renters make up 12.8% of the Palm City (zip 34990) population
- 0.4% of houses and apartments in Palm City (zip 34990), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.