Palm City, FL Real Estate

According to census data in the year 2000 there were 9,217 housing units in Palm City. This represents a 379.8% growth from 1,921 in 1990.

Of those housing units, 9,096 were located in either urbanized areas or urban clusters, and 121 were located in what is classified as a rural area.

Homeownership rate in Palm City is about 86.7%. Palm City's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Palm City were built after 1989.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom2.70%
Two Bedrooms35.80%
Three Bedrooms46.10%
Four Bedrooms12.50%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1989
Median Value of occupied units$173,900
Median Price asked for vacant units$189,400

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1989
Median Monthly Rent asked for vacant units$621

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage5.90%
Home Equity Loan6.80%
Simple Mortgage53%
Debt Free33.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%