Momentum Housing Data · Home Values · Martin County
Palm Lake Park (Stuart, FL): 6 recorded closings in the 12 months ending 2026-07-15, a 14-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 94.5% of original asking; the median sale took 53 days (window ending 2026-07-15).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $387,500 | $258 | 53 | 94.5% | 6 |
| 2025 | $475,000 | $312 | 27 | 96.8% | 9 |
| 2024 | $360,000 | $288 | 11 | 99.1% | 6 |
| 2023 | $343,000 | $226 | 42 | 90.9% | 7 |
| 2022 | $359,900 | $280 | 13 | 100.0% | 13 |
| 2021 | $260,000 | $181 | 8 | 90.0% | 7 |
| 2020 | $244,000 | $173 | 7 | 99.0% | 5 |
| 2019 | $220,500 | $142 | 26 | 96.1% | 6 |
| 2018 | $178,500 | $160 | 9 | 96.8% | 8 |
| 2017 | $193,000 | $115 | 25 | 96.5% | 3 |
| 2016 | $149,500 | $115 | 10 | 92.5% | 8 |
| 2015 | $126,000 | $100 | 24 | 97.2% | 12 |
| 2014 | $81,950 | $50 | 19 | 86.0% | 6 |
| 2013 | $72,550 | $70 | 106 | 91.0% | 10 |
Over the recorded series, Palm Lake Park’s median sold price moved from $72,550 (2013) to $387,500 (12 months ending 2026-07-15) — +434% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2013 at $72,550. The 2020–22 run-up did what it did everywhere — Palm Lake Park’s median moved +63% from 2019 to 2022. Against the 2025 peak of $475,000, the current median stands at -18%. Annual sales volume here has ranged from 1 to 13 closings a year (10-yr average 7). With roughly 7 closings a year, Palm Lake Park’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
Of the 19 recorded Palm Lake Park closings since 2024, half landed between $332,500 and $485,000 (the middle two quartiles); the lowest recorded sale was $175,000 and the highest $660,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $250,000 | 2 (11%) | |
| $250,000 – $350,000 | 4 (21%) | |
| $350,000 – $450,000 | 6 (32%) | |
| $450,000 – $550,000 | 5 (26%) | |
| None and up | 2 (11%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($323 vs $269) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 923–1,258 sq ft | $323 | $363,000 | $270,000 – $475,000 | 6 |
| Mid-size homes 1,288–1,520 sq ft | $258 | $342,500 | $175,000 – $525,000 | 6 |
| Larger homes 1,528–2,604 sq ft | $269 | $495,000 | $445,000 – $660,000 | 7 |
At Palm Lake Park’s $387,500 median and Martin County’s adopted 15.47 mills (FY2025-26), a home assessed at that price carries roughly $5,990 a year in property tax before exemptions, or about $5,380 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.
Momentum’s market-heat index for Palm Lake Park reads 21/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
The table above is the closed-sale record to price a Palm Lake Park home against; asking prices are an opening position, recorded closings are the value.
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 Palm Lake Park are also weighing (same city (Stuart)), 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 |
|---|---|---|---|---|
| Coral Gardens | $385,000 | $294 | 15 | 12 |
| Hansons Landing Condo | $394,500 | $338 | 38 | 6 |
| Tropical Paradise | $400,000 | $303 | 20 | 3 |
| HIBISCUS PARK | $365,000 | $305 | 17 | 14 |
More Palm Lake Park: 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
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