A+
217%
Med. Home Val. NAT. AVG.
53%
Rent NAT. AVG.
26%
Owner Occ. NAT. AVG.
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Palmetto Bay Housing Information

IndexPalmetto BayFloridaNational
Median home price$585,600$166,800$184,700
Median rent asked$1,455$1,032$949
Avg. people per household3.12.62.6
Owner occupied households79.9%64.8%63.6%
Renter occupied households20.1%35.2%36.4%
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Housing Quick Facts

  • The median home price in Palmetto Bay is 217% higher than the national average.
  • The median rent asked in Palmetto Bay is 53% higher than the national average.
  • The average number of people per household in Palmetto Bay is 19% higher than the national average.
  • The number of owner occupied households in Palmetto Bay is 26% higher than the national average.
  • The number of renter occupied households in Palmetto Bay is 45% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Homestead Base, FL725$0100%
      Florida City, FL11,855$172,1007%
      Sweetwater, FL20,852$176,2005%
      Fountainebleau, FL59,174$208,50013%
      Naranja, FL12,267$211,40014%
      Palmetto Bay, FL24,308$585,600217%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Avon Lake, OH24,309$260,00041%
      Papillion, NE24,310$222,30020%
      Okemos, MI24,295$264,30043%
      Harvey, IL24,295$72,60061%
      Arnold, MD24,334$440,000138%
      Palmetto Bay, FL24,308$585,600217%
      Source: The Palmetto Bay, FL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).