Palm City Farms market snapshot (as of June 13, 2026): the median sale price is about $1.4M ($409 per sq ft), with homes averaging 62 days on market and 10.5 months of supply, a buyer-leaning market. Based on 8 recent closings in live BeachesMLS data.
Palm City Farms is a rural-residential, equestrian area of Palm City (ZIP 34990), Martin County, made up of ranchette-style parcels rather than a single subdivision (Palm City Farms area profiles).
Parcels are large. The most common lots are about five acres, with holdings typically ranging from two acres to ten or more. Zoning is generally Ag Ranchette, which allows roughly one home per five acres, with some parcels zoned for residential estate use; confirm the zoning and use for a specific parcel.
The equestrian lifestyle is the draw: Palm City Farms is known for an extensive riding-trail system, and it includes Meadow Run, a gated equestrian community of about 90 homesites of five-plus acres each. Confirm trail access and any community rules for the specific parcel.
Because this is acreage, value turns on the land. Separate usable dry acreage from wetland, confirm legal access and the well and septic, and check the flood zone, then comp on land and improvements (barns, fencing, arenas) rather than the house alone.