Neighborhood · Palm City, Florida
Banyan Bay
Gated waterfront living in the heart of Martin County
4
Homes for sale
$767,000
Median list price
$336
Avg price / sqft
68
Median days on market
Banyan Bay is a small, gated pocket of Palm City where water and privacy shape daily life — a couple of gated entries, a mix of waterfront and pool homes, and the kind of quiet that draws buyers who want space without giving up proximity to Martin County's essentials. Families here are zoned for Dr. David L. Anderson Middle School and Martin County High School, and neighboring pockets like Pine Ridge At Martin Downs round out the area's residential feel.
The market here is thin and telling. With just four active listings and a median list price of $767,000, this is a low-inventory neighborhood where homes sit an average of 68 days before selling — and the two homes sold over the past year closed at a median of $1,075,000, with sellers netting about 96% of asking. If Banyan Bay is on your list, it pays to watch the live map closely, because the right home doesn't come along often.
Banyan Bay is a community in Palm City, Florida.
Quick facts
$725,000 – $900K price range
2,280 sqft median home
2 sold in 12 months
On the market now
Homes for sale in Banyan Bay
$775,000
4710 SW Ardsley Dr, Stuart FL 34997, STUART
3 bd · 3 ba · 2,196 sqft
$759,000
178 SW Pomeroy Street, Stuart FL 34997, STUART
3 bd · 2.5 ba · 2,363 sqft
$899,999
4764 SW Briarwood Ct, Stuart FL 34997, STUART
4 bd · 2.5 ba · 2,918 sqft
$725,000
4630 SW Ardsley Drive, Stuart FL 34997, STUART
3 bd · 2 ba · 2,008 sqft
Every active listing inside the Banyan Bay boundary
Open full map search →Find your fit
Browse Banyan Bay
By feature — on the live map
Where the market lives
The numbers that matter
The Banyan Bay market
2
Sold, last 12 months
$1,075,000
Median sold price
96%
Sale-to-list ratio
What sellers actually get vs asking
54 days
Median time to sell
Banyan Bay vs Palm City
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 34.4% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Banyan Bay boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Banyan Bay is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Banyan Bay home
≈ $4,902/mo
$767,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
Population
415
Median age
68
Median income
$64,457
Median home value
$191,600
Beyond the listings
Living in Banyan Bay
Attitudes
Top 5% in the U.S.Home & Leisure
There's no place like home. This activity is highest when people are feeling relaxed, like sharing a meal with friends or enjoying their morning coffee in their own home.
Lifestyles
Top 10% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Hobbies & Interests
Top 10% in the U.S.Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Culture
Top 11% in the U.S.Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Hobbies & Interests
Top 12% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Beliefs
Top 16% in the U.S.Local Engagement
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
Straight answers
Banyan Bay FAQs
Is Banyan Bay a good place to live?+
It's a quiet, gated neighborhood in Palm City that appeals to buyers wanting privacy and space, with waterfront and pool homes among the current listings. Families are zoned for Martin County High School and other established local campuses. The small scale means a close-knit feel and limited turnover.
Is Banyan Bay expensive?+
It sits in the upper-mid tier of Palm City, with a median list price of $767,000 and active listings ranging from $725,000 up to about $900,000. The two homes that sold in the past year closed at a median of $1,075,000, so larger and premium properties push meaningfully higher.
What do homes cost in Banyan Bay?+
Current listings run from $725,000 to $899,999, with a median list price of $767,000 and an average of $336 per square foot. The typical home measures around 2,280 square feet, and you can see what's available now on the live map.
How is the market in Banyan Bay?+
Inventory is very tight — just four active listings — and homes take a median of 68 days to sell. Only two homes closed in the past 12 months, but sellers averaged 96% of asking, so well-priced homes hold their value here.
What about HOA fees and property taxes?+
Current HOA data isn't available for the active listings, so confirm dues directly with the community during your search. Property taxes run a median of about $7,813 per year, in line with Martin County homes in this price range.
Keep exploring
More Palm City neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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