Palermo
Homes for Sale in Bonita Springs, FL

Community in Bonita Springs · Lee County · ZIP 34134
Median sale $1.22M
Free · No obligation
Talk to a Palermo Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive fgc data13 years of closingsUpdated twice daily
Live · Palermo Housing Pulse fgc + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.22M
Median sold · 12 mo
$377/sf
Sold $/sqft · 12 mo
peak $425 in 2020
86.4%
Sale vs ask
Lee median: 93.1%
Tempo
179days
Median DOM · closed
37 days at the 2020 low
5
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
100%
Cash buyers · Palermo
5 of 5 sales, 12 mo ending July 2026
Track record · 13 years of records
3,295sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palermo's numbers right now are built on a thin base — five closings inform this snapshot, so treat every figure here as a directional read rather than a settled market price. What the data does show is a community trading at a premium: a median price just over $1,220,000 against a median of roughly $376 per square foot, which points to larger or more finished homes rather than a broad entry-level tier.

The median days on market sits at 179, close to six months. That is a meaningful stretch, and it tells you sellers here are not moving quickly on price to force a sale, and buyers who do transact are typically willing to wait through a longer negotiation. If you are pricing or bidding in Palermo, build that timeline into your expectations from the start.

The 60-Second Overview

Palermo market snapshot (as of July 29, 2026): the median sale price is about $1.22M ($377 per sq ft over the trailing 12 months of closed sales), and a median 179 days on market for closed sales.

Palermo is a Bonita Springs community where the current MLS activity is limited and skews toward higher-value homes, with a median price near $1.22M and a per-square-foot figure that reflects larger or more upgraded properties rather than a wide entry-level range.

Best for

  • Buyers with flexibility on timeline who can wait through a multi-month negotiation to land the right home.
  • Buyers targeting a higher price point in Bonita Springs and comfortable evaluating value on a per-square-foot basis.
  • Buyers who want to verify amenities and condition directly rather than relying on assumptions about the community.

Probably not for

  • Buyers who need a fast close or are working against a hard moving deadline.
  • Buyers looking for a lower entry price point, since current activity here clusters at a higher price tier.
  • Buyers who want confirmed community amenities in place before writing an offer, since none are currently identified in MLS listings.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 29 of each year, from record-level fgc closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.22M) IS the median in the snapshot above.

Windows contain 0 to 8 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$1M$1.2M$1.4M2014201620182020202220242026
Every sale since 2013 · price vs size
$0$2M$4M3k4k5k6k
48 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$300$350$4002014201620182020202220242026
Up from $330 in 2013 to a $425 peak in 2020; $377 now.
Median days on market · closed sales
501001502014201620182020202220242026
37 days at the 2020 low; 179 now.
Sale price vs original ask · median
90%95%2014201620182020202220242026
86.4% now vs Lee 93.1%.
Homes sold per 12-mo window
02582014201620182020202220242026
0 to 8 a year; 5 in the current window.

If we were buying in Palermo 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 Palermo.

Best Buy
Buyers targeting a higher price tier in Bonita Springs who are prepared for a longer purchase timeline.
Biggest Risk
The main risk is a thin sample — with only a handful of recent closings, pricing signals here can shift quickly.
Sweet Spot
The sweet spot is a buyer who has already toured comparable Bonita Springs homes and knows what condition and layout justify the price per square foot here.
Avoid If
Avoid if you need a fast closing timeline or are working from a strict, compressed budget — this is not a quick-turn or lower-cost market.

A small sample, a clear price tier

With only five closings behind this snapshot, Palermo is not a high-volume market to draw firm conclusions from — but the direction is consistent. A median price above $1.2M paired with a median price per square foot around $376 suggests the homes changing hands are on the larger or more finished end, not a mix that includes a low-cost tier. Buyers should expect the spread between listings to be driven more by condition, layout, and lot than by any broad entry point.

The 179-day median days on market is the number that deserves the most attention. That is a long runway compared to a fast-moving market, and it usually means sellers are testing price before adjusting, or that the buyer pool for this price tier is simply smaller and takes longer to find the right match. Current MLS listings do not identify specific community amenities, so any amenity claims for Palermo should be verified directly rather than assumed from marketing material.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community's MLS activity is this thin, the published numbers can shift meaningfully with the next closing or two. We track the underlying comps in Palermo in real time, not just the rolling median, so sellers can price with realistic timeline expectations and buyers can tell the difference between a home priced for a quick sale and one that is simply sitting.

Palermo in 15 seconds.

Best forBuyers targeting a higher price tier in Bonita Springs who are prepared for a longer purchase timeline.
Biggest advantageThe main advantage is negotiating room that comes with a market where homes sit for months rather than weeks.
Biggest riskThe main risk is a thin sample — with only a handful of recent closings, pricing signals here can shift quickly.
Sweet spotThe sweet spot is a buyer who has already toured comparable Bonita Springs homes and knows what condition and layout justify the price per square foot here.
Avoid ifAvoid if you need a fast closing timeline or are working from a strict, compressed budget — this is not a quick-turn or lower-cost market.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

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

What is your Palermo home worth?

Get a no-obligation home value based on real comparable sales in Palermo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Palermo on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Palermo?
The median sale price in Palermo was $1.22M over the 12 months ending July 29, 2026 (5 closed sales, fgc).
How long do homes in Palermo take to sell?
Homes that closed in the 12 months ending July 29, 2026 took a median 179 days on market (5 sales, fgc).
Do cash buyers compete in Palermo?
Cash buyers took 100% of Palermo sales in the 12 months ending July 2026 (5 of 5 closings, fgc).
Who is the best real estate agent for Palermo?
The best agent for Palermo is one who actively works Bonita Springs 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 Palermo.
How do I find a top Bonita Springs real estate agent who knows Palermo?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palermo and the wider Bonita Springs area.
Can Momentum Realty connect me with an agent for Palermo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palermo purchase or sale - no call center and no pressure.
Buyers with flexibility on timeline who can wait through a multi-month negotiation to land the right home.Excellent fit
Buyers targeting a higher price point in Bonita Springs and comfortable evaluating value on a per-square-foot basis.Excellent fit
Buyers who want to verify amenities and condition directly rather than relying on assumptions about the community.Excellent fit
Buyers who need a fast close or are working against a hard moving deadline.Probably not
Buyers looking for a lower entry price point, since current activity here clusters at a higher price tier.Probably not
Buyers who want confirmed community amenities in place before writing an offer, since none are currently identified in MLS listings.Probably not

Data sources & freshness

Community market statsfgc closed sales, 12-month windows ending July 29, 2026
Under-contract sharesfgc records, as of 2026-07-18
Historical depthClosed-sale records back to 2013 (48 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 fgc 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.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the fgc member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Talk to a Local Palermo Expert
Call Get Listings