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Palmetto, GAHousing Market

Palmetto is a balanced market, giving buyers and sellers room to negotiate. With 1.7 months of supply and homes averaging 62 days on the market, you can make decisions without the pressure of a highly competitive market.

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Written By Aditya APopular Writer
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Reviewed By Deepika RHousing Market Analyst
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
June 2026
Last updated
Live MLS Data 156 active homes tracked
Data Sources:
First Multiple Listing Service-GA
Palmetto, GA Real Estate Market Snapshot
MEDIAN HOME PRICE
$259,000↓ 14.38%
MORTGAGE RATES 30-YR
6.23%↓ 0.58%
Balanced Market
DAYS ON MARKET
62
↓ 40.38% YoY
INVENTORY
72
↑ 67.44% YoY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Is Now a Good Time to Buy or Sell in Palmetto? Here's What We Think.

It depends on your goals, but Palmetto offers a relatively balanced market for both buyers and sellers. Homes are averaging 62 days on the market, with 1.7 months of supply. The median sale price is $259,000, and home sales saw a 72% change from last year. Buyers have room to negotiate, while sellers can still attract serious interest.
Median Sale PriceHomes SoldMedian Days on Market
Median Sale Price
$259,000
↓ 14.38%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Palmetto. The median sale price is currently $259,000, a 14.38% change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Palmetto
location pin
Updated MonthlyLast Updated: June 2026

Palmetto Housing Market Forecast for 2026

Palmetto's housing market is expected to be balanced in 2026, with modest price growth, steady inventory, and stable conditions for both buyers and sellers.

Market Outlook:

  • Home prices expected to rise modestly by 2-4%, reflecting sustainable growth
  • Months of supply forecast to sit around 4-6, keeping the market steady
  • Neither buyers nor sellers hold a clear advantage, keeping negotiations balanced

Will the Palmetto Housing Market Crash in 2026?

Expert consensus points to no. Palmetto shows stable fundamentals, with demand and supply moving roughly in step rather than pulling in opposite directions. Both buyers and sellers should expect conditions to hold steady through 2026, with no signs pointing toward a downturn.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    62 days

  • Months of Supply:

    1.7 months

  • Sale-to-List Ratio:

    98.89%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Palmetto Right Now?

Palmetto has a steady flow of homes coming onto the market, keeping inventory relatively balanced. There are currently 72 active listings and 1.7 months of supply, giving buyers a reasonable selection without creating excessive competition among sellers. There were 23 new listings last month, while inventory changed by 67.44% year-over-year.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
72
↑ 67.44%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Palmetto. There are currently 72 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Palmetto
location pin
Updated MonthlyLast Updated: June 2026

Are Buyers or Sellers Controlling the Palmetto Market?

Buyers and sellers have relatively equal footing in the Palmetto housing market. Homes are selling for 98.89% of their asking price, and price reductions saw a 73.33% change year-over-year. Neither side has a clear advantage, leaving room for both to negotiate.
Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio
Homes Sold Above List Price
20%
↓ 0%YoY
What this chart showsSold Above List
The line tracks the share of homes in Palmetto selling above their asking price over time. Currently, 20% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Palmetto
location pin
Updated MonthlyLast Updated: June 2026

Find Your Perfect Palmetto Home Now

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Frequently Asked Questions

How have Palmetto house prices changed over the past year?

What are Palmetto real estate market predictions for 2026?

What's the average home price in Palmetto?

What is a good time to buy a home in Palmetto?

When will the Palmetto housing market crash?

How to buy a home in Palmetto?

How can I list my home for sale in Palmetto, GA?

What is the average mortgage rate for buyers in Palmetto?

What is a good time to sell a house in Palmetto?

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across Georgia.

First Multiple Listing Service-GA
First Multiple Listing Service-GA
Georgia MLS-GA
Georgia MLS-GA

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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