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Palm Harbor Homes For Sale - Palm Harbor Homes for Sale

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Palm harbor is an unincorporated community in northern Pinellas County, Florida. It is a mid-sized community with a population of 59,248, and it has all that is necessary for it to be called a city except for official incorporation into the county. Palm Harbor is located on the Gulf coast of the northern end of the Pinellas peninsula. St. Petersburg, the county seat and second-largest city in the Tampa Bay area is 25 miles to the south and Tampa is 23 miles to the southeast. The community’s history goes back to 1878, when the area was first settled. Ten years later, known officially as Sutherland, the community had a post office, a railroad, and two hotels. The name was changed to Palm Harbor in 1925. Today, Palm Harbor is known for its quiet residential neighborhoods and unique hilly geography in what is otherwise a state of flatlands.

There are 25,461 households that occupy 28,044 total housing units in the city. Palm Harbor homes for sale are in a buyer’s market. The 1,300 to 1,400 home on the market is extraordinarily high for a community of this size. The median selling price of Palm Harbor homes for sale is just under $170,000. However, the average listing price is almost $250,000. This area was hit hard by the 2006 mortgage crises. In that year, the median selling price of Palm Harbor homes topped out at $265,000. It is difficult to find a neighborhood without several foreclosures. Over 1,200 foreclosure listings stay on the market with a median selling price of $154,000. Including Palm Harbor homes for sale and foreclosures, the median price per square foot is $99.

There is very little racial diversity in Palm Harbor. 96% of the population is white, 3 percent is Latino, and all other races make up the final 1%. Of the total households, 55% are married couples and 34% are non-families. The population is generally older, with 32% aged 18 to 44 and 47% aged 45 and up. The median household income is $45,404.

Palm Harbor has very little economy of its own to speak of. The primary industries in the community include a spattering of retail businesses and service industry businesses. Construction and building trades are also important. On a much smaller scale, the financial sector and tourism generate some income here.

Palm Harbor, like the rest of Pinellas County suffers from terrible traffic problems. This is due to the limited throughways over the Bay. Palm Harbor is served, however, by US-19 and Alt. US-19, as well as a number of state routes. The nearest airport, Tampa International, is only 20 miles away.

Public schools in Palm Harbor are part of the Pinellas County School District, which has implemented a county-wide choice system for school assignments. There are 7 public elementary schools in Palm Harbor, 2 middle schools, and a single high school. There are also 6 private elementary/middle schools and a private high school in the community. The nearest institution of higher learning is the Pasco-Hernando Community College, 17 miles away in New Port Richey.

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