Palmetto Estates Market Snapshot — October 2026

George C. Jalil, Florida State-Certified Residential Real Estate Appraiser
Boots on the ground in Palmetto Estates.

There's a particular quiet to the streets of Palmetto Estates in the morning — mowed lawns, kids' bikes in driveways, the kind of place where families stay for decades. After 40+ years walking neighborhoods all over South Florida, I can tell you that kind of stability usually shows up in the numbers too. And here it does.

This southwest Miami-Dade neighborhood is one of those classic South Florida communities — mostly single-family homes built from the late 1960s through the 1980s, sitting just west of Palmetto Bay and north of Richmond Heights, minutes from The Falls.

For anyone watching southwest Miami-Dade, here's what the numbers say right now: the market is stable, with prices up about 1.5% over the past year; supply is balanced at roughly 3 months of listings; homes are selling in about a month, at essentially full asking price (97–98% of list); and nearly 30% of listings are already under contract — demand is keeping pace. Steady, orderly, and balanced — on the street and on paper.

Thinking of buying or selling in Palmetto Estates?
Call 786-303-3435 for an independent, market-supported opinion of value.

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