Neighborhood · Palm City, Florida
Circle Bay
Waterfront Living on a Quiet Palm City Scale
5
Homes for sale
$380,000
Median list price
$322
Avg price / sqft
13
Median days on market
Circle Bay is a small, water-oriented enclave in Palm City where every active listing sits on the water and comes with pool access — a rare consistency for a community this compact. It's the kind of low-key Martin County address that trades big-development sprawl for a tighter, more manageable footprint, with neighboring pockets like Pine Ridge At Martin Downs rounding out the area's residential feel.
For buyers today, the numbers tell a tight story: just 5 active Palm City homes for sale here, a median list price of $380,000, and homes moving in about 13 days. That pace and the small pool of inventory mean you'll want to move decisively — browse the live map to see what's currently available before it's gone.
Circle Bay is a community in Palm City, Florida.
Quick facts
$299,000 – $400K price range
1,072 sqft median home
$2,100/mo median rent
1 sold in 12 months
On the market now
Homes for sale in Circle Bay
$299,000
1950 SW Palm City Road # 9102, Stuart FL 34994, STUART
2 bd · 2 ba · 1,001 sqft
$380,000
1950 SW Palm City Road # 304, Stuart FL 34994, STUART
2 bd · 2 ba · 1,236 sqft
$390,000
1950 SW Palm City Road # 305, Stuart FL 34994, STUART
2 bd · 2 ba · 1,072 sqft
$329,900
1950 SW Palm City Road # 102, Stuart FL 34994, STUART
2 bd · 2 ba · 1,004 sqft
$400,000
1950 SW Palm City Road # 107, Stuart FL 34994, STUART
2 bd · 2 ba · 1,281 sqft
Every active listing inside the Circle Bay boundary
Open full map search →Find your fit
Browse Circle Bay
By feature — on the live map
Where the market lives
The numbers that matter
The Circle Bay market
1
Sold, last 12 months
$239,000
Median sold price
100%
Sale-to-list ratio
What sellers actually get vs asking
12 days
Median time to sell
Circle Bay vs Palm City
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 41.9% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Circle Bay boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Circle Bay is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Circle Bay home
≈ $2,644/mo
$380,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$2,100/mo
Median rent
Homes for rent inside the boundary
Population
681
Median age
69
Median income
$116,000
Median home value
$340,500
Beyond the listings
Living in Circle Bay
Hobbies & Interests
Top 21% 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
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.
Lifestyles
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.
Appearance oriented
Trend Trackers
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
Entertainment
Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Beliefs
Politically Engaged
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
Straight answers
Circle Bay FAQs
Is Circle Bay a good place to live?+
It's a small, water-focused community in Palm City where all current listings offer waterfront and pool access, which suits buyers who want a low-maintenance home with a view. Its proximity to established areas like Pine Ridge At Martin Downs keeps it connected to the broader Martin County lifestyle.
Is Circle Bay expensive?+
It sits in a moderate range for waterfront Palm City living, with a median list price of $380,000 and active listings between $299,000 and $400,000. At an average of $322 per square foot, you're paying for the water access on relatively compact homes.
What do homes cost in Circle Bay?+
Current active listings run from $299,000 to $400,000 with a median of $380,000, and homes average about 1,072 sqft. The single sale over the past 12 months closed at $239,000, so today's asking prices reflect stronger recent demand.
How is the Circle Bay market right now?+
It's a tight, quick-moving market with only 5 active listings and a median of 13 days on market. Sellers have been getting 100% of their asking price on average, so buyers should come prepared to compete.
What about HOA fees and property taxes?+
Median property taxes here run about $5,183 per year, and if you're weighing renting instead, the median rent is around $2,100 per month. HOA figures aren't available in the current data, so confirm those details on any specific listing.
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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