Market Overview
Home Prices in Palm City, FL
The median home value in Palm City, FL is $622,385 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.8% compared to a year ago and down 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Palm City are priced52% above average. Palm City is part of the Port St. Lucie, FL metro area.
Over the past five years, Palm City home values have risen by approximately32.3%, reflecting strong long-term appreciation in this market.
Price History
Palm City Home Price Trend
City Comparison
Palm City vs. National Median
At $622,385, homes in Palm City cost 52% above the national median of $410,000. Buyers in Palm City should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Palm City?
20% Down Payment
$124,477
on $622,385
Monthly P&I
$3,246/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,122/mo
incl. taxes & insurance
Income Needed
$164,880
gross annual (30% rule)
10% Down Option
$62,239
+ PMI applies
Loan Amount (20% dn)
$497,908
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Palm City, FL?
The median home value in Palm City is $622,385 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.8% year-over-year.
How much have home prices changed in Palm City?
Over the past year, home values in Palm City have decreased by 1.8%. Over five years, prices have risen approximately 32.3%.
How much do I need to earn to buy a home in Palm City?
To comfortably afford the median home price of $622,385 with a 20% down payment ($124,477) at today's rates (6.8%), you'd need a gross annual income of approximately $164,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Palm City compare to the national average home price?
The national median home value is approximately $410,000. At $622,385, homes in Palm City are 52% above the national average.
What metro area is Palm City part of?
Palm City is part of the Port St. Lucie, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.