Palm Coast, Florida
Flagler County Real Estate - Palm Coast
Palm Coast is in North Eastern Florida. It's population as recorded in the 2010 Census was 75,180.
The median age for residents of Palm Coast is 45.1. Around 29.2% of Palm Coast households include school aged children and 39.7% of households include individuals aged 65 years or over. Census records indicate 79.8% of the Palm Coast population are White, 12.7% are Black or African American, .2% American Indian, 2.5% Asian and 2.5% are Two or more Races.
There are 35,058 housing units in Palm Coast. 5,253 (14.9%) of these were reported as vacant in the 2010 Census. Palm Coast is a tourist destination, 33.2% (1,744) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 8,119 residential rental units in Palm Coast. 7,213 of them were occupied in 2010 providing a residential rental vacancy rate of 10.4%.
Palm Coast links:

Palm Coast is located in Flagler County. It has a population of approximately 75,180 people. The population increased 2.9% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 2.8% for Flagler County and a 1.7% increase for the country as a whole. Palm Coast occupies 89.88 of the 485.46 square miles in Flagler County. It had a population density of 836.5 persons per square mile in 2010. This compared to 197.1 for the county, 350.6 for Florida and 87.4 for the country.
71.4% ( 35,058) of the 49,068 housing units in Flagler County are in Palm Coast (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Palm Coast has a 79.5% homeownership rate compared to Flagler County's 81.2% homeownership rate and Florida's rate of 69.0%.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
Flagler County | 95,696 | $1,035 | 2.8% | $48,708 | 49,068 | $201,300 |
Palm Coast | 75,180 | $658 | 2.9% | $48,594 | 35,058 | $197,000 |
Palm Coast's medium household income in 2011 was $48,594. Flagler County's medium household income was $48,708, which is higher than the medium income for Florida as a whole: $47,827. 13.7% of the population in Palm Coast lives below the poverty line, compared to 14.7% in Florida, 13.3% of the population in Flagler County and 14.3% nationwide. Additional Information:
Palm Coast Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Palm Coast. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $658 million, Palm Coast's economic activity represents 63.59% of Flagler County's $1,035MM in economic activity. Flagler County represents 0.16% of the Florida economy.
Activity | Value (Millions) | Percentage |
---|---|---|
Manufacturers shipments | $0 | 0.0% |
Merchant wholesaler sales | $37 | 5.6% |
Retail sales | $532 | 80.9% |
Accommodation and food services sales | $88 | 13.4% |
Total | $658 | 100% |
Flagler County Regional Comparisons
City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Palm Coast | 75,180 | $658 | 2.9% | $48,594 | 35,058 | $197,000 |
Flagler County is located in Northeastern Florida. This region is responsible for 8.7% of Florida's economic activity. Flagler County represents 1.9% of the region's economy.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Baker County | 27,115 | $200 | -0.1% | $47,041 | 9,782 | $142,600 |
Clay County | 190,865 | $2,614 | 1.8% | $59,994 | 76,175 | $178,900 |
Duval County | 864,263 | $43,464 | 1.8% | $49,964 | 389,434 | $170,300 |
Nassau County | 73,314 | $1,614 | 1.8% | $58,933 | 35,286 | $202,300 |
Putnam County | 74,364 | $1,703 | -1.5% | $34,174 | 37,406 | $105,300 |
St. Johns County | 190,039 | $3,952 | 6.4% | $64,153 | 91,348 | $279,700 |
Flagler County | 95,696 | $1,035 | 2.8% | $48,708 | 49,068 | $201,300 |
Total | 1,549,472 | $54,582 | 1.9% | $51,852 | 688,499 | $182,914 |
Palm Coast Real Estate
There are 39,215 properties in Palm Coast. The following table shows a summary of them based on 2014 sales data.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Agricultural | 24 | 0.06 | 0 | n/a | n/a | n/a | n/a |
Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Government Property | 335 | 0.85 | 2 | $9,960,250 | $106 | June 1st, 2014 | August 1st, 2014 |
Hotel & Motel | 209 | 0.53 | 0 | n/a | n/a | n/a | n/a |
Industrial | 49 | 0.12 | 3 | $4,000,000 | $70 | January 1st, 2014 | January 1st, 2014 |
Miscellaneous Property | 15 | 0.04 | 0 | n/a | n/a | n/a | n/a |
Mobile/Manufactured | 195 | 0.50 | 7 | $95,000 | $71 | January 1st, 2014 | August 1st, 2014 |
Multifamily | 812 | 2.07 | 41 | $143,000 | $53 | January 1st, 2014 | August 1st, 2014 |
Office | 615 | 1.57 | 20 | $280,500 | $179 | January 1st, 2014 | July 1st, 2014 |
Residential | 36,705 | 93.60 | 1,858 | $140,000 | $69 | January 1st, 2014 | August 1st, 2014 |
Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Retail | 162 | 0.41 | 6 | $6,762,500 | $244 | May 1st, 2014 | July 1st, 2014 |
Senior Housing | 34 | 0.09 | 0 | n/a | n/a | n/a | n/a |
Special Purpose | 41 | 0.10 | 0 | n/a | n/a | n/a | n/a |
Sports & Entertaining | 19 | 0.05 | 0 | n/a | n/a | n/a | n/a |
Agricultural Real Estate in Palm Coast, Florida
24( .06%) of the properties in Palm Coast are classified as Agricultural.
Commercial Real Estate in Palm Coast, Florida
0( .00%) of the properties in Palm Coast are classified as Commercial.
Government Real Estate in Palm Coast, Florida
335( .85%) of the properties in Palm Coast are classified as Government. 2 of them sold between June 1st, 2014 and August 1st, 2014. The total value of these sales was $19,920,500. The median sales price was $9,960,250. In 2014 the median sales price for Government Property in Palm Coast was $106 per sq ft.
Hotel & Motel Real Estate in Palm Coast, Florida
209( .53%) of the properties in Palm Coast are classified as Hotel & Motel.
Industrial Real Estate in Palm Coast, Florida
49( .12%) of the properties in Palm Coast are classified as Industrial. 3 of them sold between January 1st, 2014 and January 1st, 2014. The total value of these sales was $14,550,000. The median sales price was $4,000,000. In 2014 the median sales price for Industrial in Palm Coast was $70 per sq ft.
Miscellaneous Real Estate in Palm Coast, Florida
15( .04%) of the properties in Palm Coast are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Palm Coast, Florida
195( .50%) of the properties in Palm Coast are classified as Mobile/Manufactured. 7 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $807,000. The median sales price was $95,000. In 2014 the median sales price for Mobile/Manufactured in Palm Coast was $71 per sq ft.
Multifamily Real Estate in Palm Coast, Florida
812( 2.07%) of the properties in Palm Coast are classified as Multifamily. 41 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $6,993,500. The median sales price was $143,000. In 2014 the median sales price for A Class Multifamily in Palm Coast was $75 per sq ft, B Class properties sold for $53/ft and C Class $40/ft.
Office Real Estate in Palm Coast, Florida
615( 1.57%) of the properties in Palm Coast are classified as Office. 20 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $7,632,000. The median sales price was $280,500. In 2014 the median sales price for A Class Office in Palm Coast was $242 per sq ft, B Class properties sold for $179/ft and C Class $77/ft.
Residential Real Estate in Palm Coast, Florida
36,705( 93.60%) of the properties in Palm Coast are classified as Residential. 1,858 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $331,828,904. The median sales price was $140,000. In 2014 the median sales price for A Class Residential in Palm Coast was $119 per sq ft, B Class properties sold for $69/ft and C Class $46/ft.
Residential Real Estate in Palm Coast, Florida
0( .00%) of the properties in Palm Coast are classified as Residential.
Retail Real Estate in Palm Coast, Florida
162( .41%) of the properties in Palm Coast are classified as Retail. 6 of them sold between May 1st, 2014 and July 1st, 2014. The total value of these sales was $41,160,000. The median sales price was $6,762,500. In 2014 the median sales price for Retail in Palm Coast was $244 per sq ft.
Senior Housing Real Estate in Palm Coast, Florida
34( .09%) of the properties in Palm Coast are classified as Senior Housing.
Special Purpose Real Estate in Palm Coast, Florida
41( .10%) of the properties in Palm Coast are classified as Special Purpose.
Sports & Entertaining Real Estate in Palm Coast, Florida
19( .05%) of the properties in Palm Coast are classified as Sports & Entertaining.
Palm Coast, Flagler County Market Data
Property Usage | Property Count | Total Sq Ft |
---|---|---|
Agricultural | 24 | 11,055 |
Government Property | 394 | 2,112,965 |
Hotel & Motel | 262 | 408,351 |
Industrial | 49 | 1,758,293 |
Land | 18,869 | 234,494 |
Miscellaneous Property | 17 | 57,080 |
Mobile/Manufactured | 192 | 226,479 |
Multifamily | 813 | 3,111,997 |
Office | 617 | 1,623,967 |
Residential | 37,738 | 82,451,290 |
Retail | 164 | 3,837,454 |
Senior Housing | 57 | 501,138 |
Special Purpose | 42 | 699,487 |
Sports & Entertaining | 17 | 397,351 |
Palm Coast Median Property Values per Sq Ft
Property Class | Class A | Class B | Class C | ||||
---|---|---|---|---|---|---|---|
Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2016 | $246 | $20 | $129 | $15 | $88 | $10 |
Auto sales, auto repair and storage or auto service shop | 2016 | $379 | $28 | $169 | $14 | $80 | $8 |
Bowling alley, skating rink, pool hall or enclosed arena | 2016 | $379 | $37 | $169 | $17 | $80 | $7 |
Church | 2016 | $67 | $20 | $67 | $15 | $67 | $10 |
Club, lodge or union hall | 2016 | $77 | $20 | $66 | $15 | $66 | $10 |
College | 2016 | $77 | $28 | $66 | $13 | $66 | $8 |
Community Shopping Center | 2016 | $379 | $28 | $169 | $14 | $80 | $8 |
Condominium | 2016 | $233 | $16 | $135 | $16 | $91 | $16 |
Cooperative | 2016 | $233 | $16 | $135 | $16 | $91 | $16 |
County Owned | 2016 | $77 | $28 | $66 | $13 | $66 | $8 |
Department Store | 2016 | $379 | $28 | $169 | $14 | $80 | $8 |
Drive-in Restaurant | 2016 | $246 | $28 | $129 | $14 | $88 | $8 |
Enclosed theater or auditorium | 2016 | $379 | $37 | $169 | $17 | $80 | $7 |
Federal Owned | 2016 | $77 | $28 | $66 | $13 | $66 | $8 |
Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $379 | $28 | $169 | $14 | $80 | $8 |
Florist or greenhouse | 2016 | $379 | $28 | $169 | $14 | $80 | $8 |
Forest, park or recreational area | 2016 | $77 | $28 | $66 | $13 | $66 | $8 |
Golf course or driving range | 2016 | $379 | $37 | $169 | $17 | $80 | $7 |
Grazing land soil capability Class I | 2016 | $67 | $27 | $67 | $15 | $67 | $9 |
Heavy industrial | 2016 | $67 | $8 | $67 | $5 | $67 | $4 |
Home for the aged | 2016 | $77 | $12 | $66 | $11 | $66 | $10 |
Hospital | 2016 | $77 | $28 | $66 | $13 | $66 | $8 |
Hotel or motel | 2016 | $379 | $33 | $169 | $33 | $80 | $33 |
Improved agricultural | 2016 | $67 | $27 | $67 | $15 | $67 | $9 |
Leasehold interests (government owned property leased by a non-governmental lessee) | 2016 | $77 | $42 | $66 | $15 | $66 | $6 |
Light manufacturing | 2016 | $67 | $8 | $67 | $5 | $67 | $4 |
Miscellaneous Residential (migrant camp or boarding home.) | 2016 | $233 | $33 | $135 | $33 | $91 | $33 |
Mixed use - store and office or store and residential or residential combination | 2016 | $379 | $28 | $169 | $14 | $80 | $8 |
Mobile Home | 2016 | $62 | $6 | $40 | $6 | $23 | $6 |
Mortuary, cemetery or crematorium | 2016 | $77 | $20 | $66 | $15 | $66 | $10 |
Multi-family - 10 units or more | 2016 | $114 | $10 | $71 | $9 | $55 | $8 |
Multi-family - less than 10 units | 2016 | $96 | $10 | $68 | $9 | $55 | $8 |
Municipal Owned | 2016 | $77 | $28 | $66 | $13 | $66 | $8 |
Office building, non-professional service building, multi-story | 2016 | $246 | $15 | $129 | $13 | $88 | $10 |
Office building, non-professional service building, one story | 2016 | $246 | $15 | $175 | $13 | $88 | $10 |
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $67 | $8 | $67 | $5 | $67 | $4 |
Orphanage, other non-profit or charitable services | 2016 | $77 | $20 | $66 | $15 | $66 | $10 |
Private school or college | 2016 | $67 | $20 | $67 | $15 | $67 | $10 |
Professional service building | 2016 | $246 | $15 | $129 | $13 | $88 | $10 |
Public county school | 2016 | $77 | $28 | $66 | $13 | $66 | $8 |
Repair service shop (excluding automotive) | 2016 | $379 | $28 | $169 | $14 | $80 | $8 |
Restaurant, cafeteria | 2016 | $246 | $28 | $129 | $14 | $88 | $8 |
Single Family | 2016 | $122 | $16 | $83 | $16 | $65 | $16 |
State Owned | 2016 | $77 | $28 | $66 | $13 | $66 | $8 |
Store, one story | 2016 | $96 | $28 | $68 | $14 | $55 | $8 |
Supermarket | 2016 | $379 | $28 | $169 | $14 | $80 | $8 |
Timberland - site index 80 to 89 | 2016 | $67 | $27 | $67 | $15 | $67 | $9 |
Timberland not classified by site index to Pines | 2016 | $67 | $27 | $67 | $15 | $67 | $9 |
Tourist attraction, permanent exhibit or other entertainment facilities | 2016 | $379 | $37 | $169 | $17 | $80 | $7 |
Undefined - Reserved for Use by Department of Revenue | 2016 | $96 | $16 | $68 | $16 | $55 | $16 |
Utility | 2016 | $77 | $42 | $66 | $15 | $66 | $6 |
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $67 | $8 | $67 | $5 | $67 | $4 |
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