Palmetto Bay Real Estate
The median home value in Palmetto Bay, FL is $1,100,000. This is higher than the county median home value of $305,200. The national median home value is $219,700. The average price of homes sold in Palmetto Bay, FL is $1,100,000. Approximately 79.97% of Palmetto Bay homes are owned, compared to 13.86% rented, while 6.17% are vacant. Palmetto Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palmetto Bay real estate agent to arrange a tour today!
Palmetto Bay, Florida has a population of 24,679. Palmetto Bay is more family-centric than the surrounding county with 36.4% of the households containing married families with children. The county average for households married with children is 28.46%.
The median household income in Palmetto Bay, Florida is $107,612. The median household income for the surrounding county is $46,338 compared to the national median of $57,652. The median age of people living in Palmetto Bay is 40.8 years.
Palmetto Bay Weather
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 58.9 degrees. The average rainfall is approximately 60 inches per year, with 0 inches of snow per year.