Zip 34221 (Palmetto, FL) Housing

The housing market in 34221 Palmetto, FL is booming. The median value of homes in the area is $368,000, which is significantly higher than the US median at $338,100. This difference is due to an immense appreciation rate over the past year in Palmetto - a massive 23.37%, compared to the US average of 8.27%. These impressive figures are indicative of a strong market and suggest that home values will continue to rise throughout the year.

The median home cost in Palmetto (zip 34221) is $368,000. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Palmetto (zip 34221) is up 31.2%.

Average Age of Homes

- The median age of Palmetto (zip 34221) real estate is 30 years old

The Rental Market in Palmetto (zip 34221)

- Renters make up 17.6% of the Palmetto (zip 34221) population
- 0.7% of houses and apartments in Palmetto (zip 34221), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Palmetto, Florida	United States
	22,795.0	139,647,020.0
	31	42
	$368,000	$338,100
	31.2%	16.6%
	93.0%	57.0%
	211.6%	101.1%
	$7.31	$10.98
	$1,604	$2,690
	63.0%	57.4%
	20.0%	11.2%
	17.0%	31.4%
Vacant Housing
	0.7%	1.9%
	0.1%	0.4%
	1.0%	0.7%
	0.2%	0.4%
	14.5%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	4.8%	2.4%
	5.6%	2.8%
	4.1%	3.9%
	3.9%	4.5%
	9.6%	11.3%
	10.9%	13.0%
	32.5%	20.1%
	13.0%	13.6%
	2.8%	8.3%
	3.7%	9.7%
	2.0%	3.9%
	0.7%	2.2%
	0.1%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	1.8%	0.2%
	21.8%	13.6%
	21.8%	13.6%
	14.7%	13.6%
	21.1%	13.2%
	12.3%	14.8%
	14.7%	13.6%
	3.9%	10.0%
	1.0%	4.7%
	1.8%	12.2%

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