Momentum Housing Data · Home Values · Martin County
Buying here? See Monarch homes for sale and the Monarch community guide (Palm City).
Monarch (Palm City, FL): 5 recorded closings in the 12 months ending 2026-09-20, a 4-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 96.3% of original asking; the median sale took 11 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $859,000 | $309 | 11 | 96.3% | 5 |
| 2022 | $674,500 | $318 | 12 | 100.3% | 6 |
| 2019 | $371,000 | $162 | 52 | 92.6% | 5 |
| 2018 | $415,500 | $150 | 38 | 93.8% | 4 |
Over the recorded series, Monarch’s median sold price moved from $415,500 (2018) to $859,000 (12 months ending 2026-09-20) — +107% over that span, with every year’s figure from recorded closings, not a model.
From the live MLS feed as of 2026-10-01: The homes listed or recently sold were built between 1988 and 1999 (median 1996); 11 of 11 listed or recently sold homes report an HOA, median $575/mo; none of the 11 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 14 ft); the features listings here most often name are Clubhouse, Golf Course, Gated with Guard, Fitness Center, Pool and Tennis Court(s). See the current Monarch listings →
At Monarch’s $859,000 median and Martin County’s adopted 15.47 mills (FY2025-26), a home assessed at that price carries roughly $13,290 a year in property tax before exemptions, or about $12,680 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Martin County tax page.
Current asking prices run a median $487,500 against the $859,000 recorded sold median (-43%) — the gap between what sellers hope and what the record shows. The market is carrying about 8 months of supply at the current sales pace. Demand check: 20% of Monarch’s listings are under contract, against 26% for ZIP 34990 and 24% for Martin County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information.
Asking prices here currently sit -43% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Monarch are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| BERRY GROVE | $667,500 | $340 | 3 | 4 |
| PALM COVE GOLF & YACHT CLUB | $1,082,500 | $303 | 186 | 6 |
| Palm City | $410,000 | $294 | 27 | 10 |
| Hideaway Isles | $1,112,500 | $524 | 153 | 4 |
More Monarch: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.