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PALMETTO, FL 34221

Real Estate Market Report  ·  Manatee County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
413
⇧ 1.2% vs 408 last year
Pending
91
22% pending ratio
Median Price
$404,999
⇩ 4.9% vs $426,000 last year
Average Price
$548,661
⇧ 0.4% vs $546,718 last year
Days on Market
80
⇧ 19.4% vs 67 days last year

Market Context

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

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

Market Analysis

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

The PALMETTO, FL real estate market (34221) currently shows 413 active listings, with 91 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 80 days on market compared to 67 days last year.

The median listing price has fallen 4.9% year-over-year, from $426,000 to $404,999.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 413 this year vs 408 last year
  • Days on market: 80 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $404,999 (-4.9% YoY)
  • Average: $548,661 (+0.4% 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

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 January 2026, there are 413 active listings in PALMETTO, FL (zip code 34221), compared to 408 the prior year.

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

The median listing price in PALMETTO, FL 34221 is $404,999 as of January 2026, a 4.9% decrease from $426,000 the prior year.

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

Homes in PALMETTO, FL 34221 spend an average of 80 days on the market before going under contract, compared to 67 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 January 2026, PALMETTO, FL 34221 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 67 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 $8,100 compared to a typical 5% commission on the median listing price of $404,999. 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.