Palm Grove Colony market snapshot (as of June 24, 2026): the median sale price is about $360K ($255 per sq ft), with homes averaging 128 days on market and 3.6 months of supply, a balanced market (limited data). Based on 10 recent closings in live Stellar MLS data.
Palm Grove Colony is a waterfront single-family community in Weeki Wachee, on the Hernando County coast (ZIP 34607). It sits along saltwater canals with direct Gulf access, near the spring-fed Weeki Wachee waterways and the Mud River, in a boating and fishing area renowned for scalloping and manatee sightings.
The homes are a mix of canal-front single-family homes and elevated coastal stilt homes, many with drive-on boat docks, seawalls, and direct or near-direct Gulf access. Because the appeal is the water, the spread between listings comes down to the canal depth and access, the seawall and dock condition, the elevation, and the flood zone far more than interior square footage alone.
This is a residential, owner-occupied coastal community rather than a transient RV park or nightly vacation-rental district. The carrying cost here is driven less by an HOA and more by coastal insurance, wind and flood coverage, and the maintenance of seawalls and docks; confirm the flood zone, elevation, and insurance picture for any specific home before you offer.
For a buyer who wants direct Gulf access and a boating lifestyle on the Hernando coast, Palm Grove Colony is a strong option. The work is reading the water access and the coastal exposure honestly, and budgeting flood and wind insurance and seawall upkeep as carefully as the house itself.
