PALM GROVE COLONY
Homes for Sale in WEEKI WACHEE, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
PALM GROVE COLONY right now
🟡 Balanced market. 4.0 months of supply and 25% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Medium (4 active and pending listings, 8 closed sales in 12 months).
🟢 Still climbing. The trailing-12-month median ($456K) is up 24.9% from the prior 12 months ($365K). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (8 and 5 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
PALM GROVE COLONY market snapshot (as of August 2, 2026): the median sale price is about $456K ($292 per sq ft over the trailing 12 months of closed sales), a median 66 days on market for closed sales, and 4.0 months of supply, a balanced market. The trailing-12-month median is up 25% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).
PALM GROVE COLONY is a community of 233 homes in WEEKI WACHEE, Hernando County, built between 1952 and 2024 (median 1991), with a median living area of about 1,928 square feet. 49% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of PALM GROVE COLONY. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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PALM GROVE COLONYPrice History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($456K) IS the median in the snapshot above, and the move from 2025 ($365K) IS the +24.9% one-year change.
Windows contain 0 to 8 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2026. Deemed reliable but not guaranteed.
Palm Grove Colony Market Scorecard
Palm Grove Colony is currently a balanced market. About 4.8 months of supply, a median asking price of $399,950, and homes go under contract in about 53 days.
Typical home value in the 34607 ZIP is $405,757, about 32.9% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in PALM GROVE COLONY, WEEKI WACHEE
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in PALM GROVE COLONY
Live MLS inventory for PALM GROVE COLONY. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending PALM GROVE COLONY listings as of 2026-08-22, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2012 through 2026. Tap any home to ask about it.
PALM GROVE COLONY on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Hernando County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Westside Elementary SchoolFLDOE grade B · Elementary
- Fox Chapel Middle SchoolFLDOE grade B · Middle
- Weeki Wachee High SchoolFLDOE grade B · High
Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with Hernando County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any PALM GROVE COLONY address.
The PALM GROVE COLONY buying strategy.
If we were buying in PALM GROVE COLONY today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 PALM GROVE COLONY.
A closer look at the PALM GROVE COLONY market
At a median of $292 per square foot, PALM GROVE COLONY prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
Inventory runs at 4.0 months of supply, a balanced market and the trailing-12-month median up 25% year over year. Homes that do trade take a median 66 days on market, useful leverage on any listing that has lingered.
The housing stock is 233 homes built between 1952 and 2024, and 49% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in PALM GROVE COLONY. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in PALM GROVE COLONY buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.2). Basis: Recent Direction +24.9% year-over-year; Liquidity & Demand 4.0 months of supply; Owner Commitment 49% owner-occupied; Pricing Power 90.7% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- 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.
Tools for a PALM GROVE COLONY buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed PALM GROVE COLONY sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in PALM GROVE COLONY, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your PALM GROVE COLONY home worth?
Get a no-obligation home value based on real comparable sales in PALM GROVE COLONY, 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 PALM GROVE COLONY on the map →
Frequently Asked Questions
What is the median home price in PALM GROVE COLONY?
How long do homes in PALM GROVE COLONY take to sell?
Is PALM GROVE COLONY a buyer's or seller's market right now?
How many homes are in PALM GROVE COLONY?
What share of PALM GROVE COLONY is owner-occupied?
When were the homes in PALM GROVE COLONY built?
Do cash buyers compete in PALM GROVE COLONY?
What schools serve PALM GROVE COLONY?
Who is the best real estate agent for PALM GROVE COLONY?
How do I find a top WEEKI WACHEE real estate agent who knows PALM GROVE COLONY?
Can Momentum Realty connect me with an agent for PALM GROVE COLONY?
Nearby Communities
Explore more neighborhoods near PALM GROVE COLONY with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: August 2, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (6 streets, ZIP 34607)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2012 (35 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 Stellar MLS 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 Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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See how PALM GROVE COLONY fits the bigger picture — live prices, inventory, and Momentum Scores: