Aerial view of Palamo

Palamo
Homes for Sale in St. Augustine, FL

Community in St. Augustine · St. Johns County · ZIP 32092
36 homesBuilt 1915–2023
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Built fromLive realMLS data20 years of closingsFL DOR public recordsUpdated twice daily
Live · Palamo Housing Pulse realMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Ownership and context
51%
Owner-occupied · Palamo
21 of 41 parcels homesteaded (FL DOR 2025)
49%
Non-owner-occupied · Palamo
incl. 15% trust or LLC-held · 10% out-of-state
36
Homes in the community
plus 5 vacant residential lots · 41 residential parcels (FL DOR 2025)
Track record · 20 years of records
4
Recorded sales · 2024-2025
median $440K · qualified sales on the county roll (FL DOR 2025)
1915–2023
Years homes were built
median 1972 · county roll (FL DOR 2025)
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 12, 2026

The honest starting point on Palamo is that we don't have a closing to anchor to. The snapshot as of July 2026 shows no recorded sales in the window, which means anyone quoting you a firm value here is guessing. In a community this thin on data, price is set less by comps and more by the specific home in front of you — condition, lot, finishes, and how motivated the two parties are on a given week.

For a buyer, that lack of recent closings is a reason to slow down and underwrite the individual property, not the neighborhood average. For a seller, it cuts both ways: without fresh comps to point to, pricing becomes a negotiation you have to defend line by line, and the first credible offer carries more weight than it would in a busier market. Either way, this is a place where the deal is made on the specifics, not the trend line.

Figures in this note are as of July 12, 2026. The live market numbers elsewhere on this page update nightly and are newer.

The 60-Second Overview

Palamo sits in St. Augustine, within St. Johns County, and as of this snapshot it is a low-activity market with no closings in the reporting window — a community where each transaction stands largely on its own.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers who want a St. Augustine / St. Johns County location and are willing to value a home on its own merits
  • Purchasers ready to underwrite a specific property carefully rather than rely on neighborhood averages
  • Sellers prepared to defend their price on the home's specifics when comps are scarce

Probably not for

  • Buyers who need recent comparable sales to feel confident on price
  • Anyone wanting a high-turnover market with lots of listings to compare
  • Sellers expecting a fast, comp-driven sale with obvious pricing signals

The market around Palamo

Palamo is too small for its own price trend, so here is the market around it.

In ZIP 32092, 776 homes are on the market and 35% are under contract — a fast-moving corner of St. Augustine.

Across St. Johns County, 2,096 homes are active and 890 pending (30% under contract).

ZIP and county figures describe the wider market, not Palamo specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Palamo, St. Augustine

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 1 listings
Distress share trend — 0.0% now (2026-09-04 → 2026-10-22)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.

If we were buying in Palamo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Palamo.

Best Buy
Buyers and sellers comfortable making a decision on the specific property rather than a market trend.
Biggest Risk
With no recent closings, there are no fresh comps to anchor price expectations.
Sweet Spot
A well-underwritten offer on a home whose condition and lot justify the number.
Avoid If
You need a proven, active market with steady comparable sales before committing.

A market you price one home at a time

With no closings to lean on, the usual shortcuts — median trends, days-on-market patterns, absorption — aren't available here, and pretending otherwise would do you a disservice. What matters instead is direct evidence: the condition of the specific home, its lot and position, and what comparable product elsewhere in the St. Johns County market tells us about where value should land.

That makes Palamo a location-and-property play rather than a data play. You are buying into St. Augustine and St. Johns County first, and a particular house second. The work is in the underwriting of the individual property, and that is exactly the kind of situation where good representation earns its keep.

“

The location and the amenities are priced into every listing in Palamo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community with no recent closings, the value of a broker is judgment, not a spreadsheet. We build the case for price from the property itself and from the broader St. Johns County market, walk you through what we can and cannot know, and keep you from either overpaying or underpricing on thin information. When the data is quiet, disciplined analysis is the whole job.

Palamo in 15 seconds.

Best forBuyers and sellers comfortable making a decision on the specific property rather than a market trend.
Biggest advantageYou're buying into St. Augustine and St. Johns County, a location that carries its own weight.
Biggest riskWith no recent closings, there are no fresh comps to anchor price expectations.
Sweet spotA well-underwritten offer on a home whose condition and lot justify the number.
Avoid ifYou need a proven, active market with steady comparable sales before committing.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palamo sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Palamo?
The Florida DOR 2025 assessment roll shows 36 homes plus 5 vacant residential lots in Palamo (public records).
What share of Palamo is owner-occupied?
51% of Palamo parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Palamo built?
Homes in Palamo were built between 1915 and 2023, with a median year built of 1972 (FL DOR 2025 roll).
Who is the best real estate agent for Palamo?
The best agent for Palamo is one who actively works St. Augustine and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Palamo.
How do I find a top St. Augustine real estate agent who knows Palamo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palamo and the wider St. Augustine area.
Can Momentum Realty connect me with an agent for Palamo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palamo purchase or sale - no call center and no pressure.
Buyers who want a St. Augustine / St. Johns County location and are willing to value a home on its own meritsExcellent fit
Purchasers ready to underwrite a specific property carefully rather than rely on neighborhood averagesExcellent fit
Sellers prepared to defend their price on the home's specifics when comps are scarceExcellent fit
Buyers who need recent comparable sales to feel confident on priceProbably not
Anyone wanting a high-turnover market with lots of listings to compareProbably not
Sellers expecting a fast, comp-driven sale with obvious pricing signalsProbably not

Nearby Communities

Explore more neighborhoods near Palamo with Momentum Realty’s local guides.

Solana Grant St Augustine0.2 mi awayPSPalmo St Augustine0.4 mi away · 3 for saleRiver Pointe Estates St Augustine0.5 mi awayIVIsland View St Augustine0.7 mi away · median $895K, 3 sales/12 moRiverview Estates St Augustine0.9 mi away · 70 homes, built 1957–23CCColee Cove Landing St Augustine1.0 mi away · 128 homes, built 1952–23HUHalls Unrec St Augustine1.2 mi awayHalls Subdivision St Augustine1.2 mi away

Browse all neighborhood guides →

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32084/32092))
Under-contract sharesrealMLS records, as of 2026-10-20
Historical depthClosed-sale records back to 2006 (11 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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