Moving to Palm City, Florida: The 2026 Data Guide
As of 2026-09-27, the median home sold in Palm City, Florida over the last 12 months went for $642,000 (172 closings across 124 communities in Momentum’s MLS record), about $284 per square foot for a median 2,282-sq-ft home built around 1994. Homes currently listed have been on the market a median of 49 days, and with 130 active listings against that sales pace the city is carrying roughly 9.1 months of supply. Sellers have been getting about 94% of their original asking price. That median is 60% above the median across Momentum’s Florida and Georgia coverage.
Palm City right now — September 2026
Live pages for your move: 118 homes for sale in Palm City · Luxury homes · New construction · Condos (16) · Townhomes (11) · Homes by ZIP (1 ZIPs) · New listings this week · Price reductions · What your budget buys in Martin County · Cost of living · Best neighborhoods · Property tax · Flood zones by neighborhood · Martin County homes for sale.
MLS closed sales and live inventory, Momentum Research; refreshed nightly. Updated September 27, 2026.
What your budget buys in Palm City
Three price points from 362 recent Palm City closings in our record, each showing what actually closed within 10% of that price:
- Around $440,000: the typical sale in this band was a 3-bed, 2-bath home of about 1,648 sq ft, built around 1990 (27 sales).
- Around $642,000: the typical sale in this band was a 3-bed, 2-bath home of about 2,188 sq ft, built around 1996 (60 sales).
- Around $989,000: the typical sale in this band was a 4-bed, 3-bath home of about 3,037 sq ft, built around 1999 (41 sales).
The real monthly cost of owning in Palm City
Take the median $642,000 home with 20% down at today’s 7.03% 30-year rate: principal and interest run about $3,427/month. Martin County’s typical total millage is 15.47 mills, so after the $50,000 homestead exemption the property tax is roughly $9,158/year ($763/month) for a new owner — the seller’s capped bill on the listing will be lower and is not your number. Citizens Property Insurance’s average premium in Martin County is about $2,580/year; private-market quotes vary with roof age and wind mitigation. 85% of current Palm City listings carry an HOA, with a median of $395/month where one applies. All in, budget on the order of $4,800/month to own the median Palm City home including a typical HOA.
For the full worksheet — taxes by scenario, the homestead exemption, and how the Save Our Homes cap works after year one — see the Martin County property tax guide and our home insurance by county map.
Where people are buying: Palm City’s most active communities
The communities with the most closings in the last 12 months, with each one’s median sale and how long its current listings have been on the market. Every name links to that community’s own guide with live listings.
| Community | Sales (12 mo) | Median | Days listed |
|---|---|---|---|
| The Meadows at Martin Downs | 23 | $345,000 | 49 |
| Highlands Reserve | 13 | $765,000 | 56 |
| Hammock Creek | 12 | $856,250 | 60 |
| Newfield | 12 | $784,900 | 49 |
| Palm City Farms | 12 | $1,400,000 | 157 |
| Stuart West | 12 | $1,065,000 | 11 |
| Sunset Trace at Martin Downs | 12 | $210,000 | 94 |
| Crane Creek Country Club | 11 | $950,000 | — |
Palm City by ZIP code
Sales and medians by ZIP over the same 12 months: 34990 (362 sales, median $717,450).
What’s for sale: property types, new construction, and age of homes
Of the last 12 months of sales, 81% were single-family homes, 14% townhomes or villas, and 5% condos. New construction accounted for 2% of closings. The housing stock skews mixed: 16% of homes sold were built in 2015 or later and 8% before 1980.
Getting around from Palm City
Measured from the center of Palm City’s recent sales: West Palm Beach is about 35 miles; Melbourne is about 66 miles; Fort Lauderdale is about 73 miles; Miami International Airport (MIA) is about 95 miles. Distances are straight-line; drive times depend on the corridor and time of day.
Schools, taxes, and insurance: where to verify
School assignments change; check the Martin County school grades page for the district’s current grades, and confirm zoning for a specific address directly with the district. Property tax figures on this page use Martin County’s typical millage of 15.47; municipal and special-district millage varies inside the county. Insurance uses Citizens’ Martin County average of $2,580/year; a wind-mitigation inspection and roof age can move a private quote a long way in either direction.
Palm City: the case for and against
What works in Palm City’s favor
- about 9.1 months of supply gives buyers room to negotiate
- no state income tax, and Florida’s Save Our Homes cap limits assessment growth once you homestead
What to plan for
- prices run 60% above the statewide median in our coverage
- 85% of listings carry an HOA (median $395/month)
- property taxes reset to your purchase price, so never budget off the seller’s bill
Your Palm City relocation toolkit
- Homes for sale in Palm City right now
- Cost of living in Palm City
- Best neighborhoods in Palm City
- New construction in Palm City
- Find an agent in Palm City
- Search every Palm City community
Common questions about moving to Palm City
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What are property taxes like in Palm City?
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Does Florida have a state income tax?
Sales figures are Momentum Realty’s MLS record of closings in Palm City communities over the trailing 12 months (community snapshots as of their last refresh; price-band examples from the most recent closings on file); tax and insurance figures are Martin County data. Estimates, not guarantees; verify before relying on them. General relocation guidance, not financial advice. Equal Housing Opportunity.