South Florida · Palmetto Bay

Homes for Sale in Palmetto Bay

120 active listings · $1.4M median · $621 avg/sqft

Market Snapshot

120

Active Listings

$1.4M

Median Price

$621

Avg $/sqft

16

New This Week

21

Price Reduced

Property Types

Other
87 (87%)
Condos
7 (7%)
Single-Family
3 (3%)
Townhouses
3 (3%)

Price Distribution$165K$9.5M

Under $400K
10 (10%)
$400K–$600K
1 (1%)
$600K–$800K
4 (4%)
$800K–$1M
10 (10%)
$1M+
75 (75%)

ELLA AI Market Insight — Palmetto Bay

Palmetto Bay currently has 120 active listings with a median asking price of $1.4M. The average price per square foot is $621, with homes ranging from $165K to $9.5M. 21 listings have seen a price reduction, suggesting some seller flexibility. 16 new listings came to market this week. The most common property type is other.

Frequently Asked Questions — Palmetto Bay Real Estate

What is the average home price in Palmetto Bay?

The median asking price for homes in Palmetto Bay is currently $1.4M, with an average of $621 per square foot. Prices range from $165K to $9.5M depending on property type, size, and location.

How many homes are for sale in Palmetto Bay right now?

There are currently 120 active listings in Palmetto Bay. 16 new listings came to market this week alone. New inventory is added daily — sign up for ELLA alerts to be notified the moment a matching home hits the market.

What types of properties are available in Palmetto Bay?

Palmetto Bay offers a variety of property types, with other, condos and single-family being the most common. Other: 87 listings, Single-Family: 3 listings, Condos: 7 listings, Townhouses: 3 listings. Use Casa Simple's search filters to narrow by property type and find the right fit.

Is now a good time to buy a home in Palmetto Bay?

Palmetto Bay currently has 21 listings with a recent price reduction, indicating some seller flexibility. With 120 active listings and a median price of $1.4M, buyers have solid options. ELLA AI can analyze any listing's IQ score, price history, and market trends to help you time your offer strategically.

How much can I save buying a home in Palmetto Bay with Casa Simple?

Casa Simple buyers in Palmetto Bay typically save $9K–$19K at closing, based on the median home price of $1.4M. This is a closing cost credit — you pay nothing extra. The exact amount depends on your purchase price and plan.

How much does it cost to sell a home in Palmetto Bay?

Traditional home sellers in Palmetto Bay pay 5–6% of the sale price in agent commissions. Casa Simple offers a streamlined listing process with transparent pricing, saving most sellers thousands compared to traditional brokerages. Contact us for a free home valuation and cost estimate.

Ready to find your home in Palmetto Bay?

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