Neighborhood · Hobe Sound, Florida
Papaya Village
Quiet Martin County living close to the coast
5
Homes for sale
$850,000
Median list price
$396
Avg price / sqft
95
Median days on market
Papaya Village sits in Hobe Sound, one of Martin County's more relaxed stretches of the Treasure Coast, where residential streets stay low-key and the pace is unhurried. It's the kind of pocket where you're a short drive from the wider Hobe Sound homes for sale market and neighboring communities like Heritage Ridge, yet the neighborhood itself keeps its own calm identity.
Right now the market here is small and specific: just 5 active listings with a median list price of $850,000, ranging from $660,000 up to $1,875,000. Homes are averaging $396 per square foot on a median size around 2,117 square feet, and they're taking their time — a median of 95 days on market. With no recorded sales in the past 12 months, buyers should lean on the live map and current inventory to gauge value rather than comps alone.
Papaya Village is a community in Hobe Sound, Florida.
Quick facts
$660,000 – $1.9M price range
2,117 sqft median home
On the market now
Homes for sale in Papaya Village
$1,875,000
9742 SE Highborne Way, Hobe Sound FL 33455, HOBE SOUND
6 bd · 6 ba · 4,948 sqft
$660,000
9361 SE Duncan Street, Hobe Sound FL 33455, HOBE SOUND
3 bd · 2 ba · 1,528 sqft
$850,000
8535 SE MAY TERRACE, HOBE SOUND
4 bd · 2 ba · 2,117 sqft
$850,000
8535 SE May Terrace, Hobe Sound FL 33455, HOBE SOUND
4 bd · 2 ba · 2,117 sqft
$725,000
9752 SE Highborne Way, Hobe Sound FL 33455, HOBE SOUND
4 bd · 2 ba · 1,984 sqft
Every active listing inside the Papaya Village boundary
Open full map search →Find your fit
Browse Papaya Village
By feature — on the live map
Where the market lives
The numbers that matter
The Papaya Village market
Papaya Village vs Hobe Sound
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 10.3% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Papaya Village boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Papaya Village is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Papaya Village home
≈ $5,330/mo
$850,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
Population
2,131
Median age
51
Median income
$89,625
Median home value
$409,300
Beyond the listings
Living in Papaya Village
Active
Top 10% in the U.S.Organized Sports
From tryouts and casual pick-up games, to varsity tournaments and intramural matches, this population includes people who participate in organized athletics. Often through schools or public recreational areas.
Lifestyles
Top 13% in the U.S.Student Life
There's more to student life than academics. It's about the experience - from classes and homecoming, to making lifetime friends and alumni events. These are students at school, taking classes online, or finding other ways to be students in their daily lives.
Culture
Top 18% 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.
Entertainment
Top 19% in the U.S.Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Lifestyles
Top 21% in the U.S.Nerd Culture
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
Hobbies & Interests
Bookish
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
Straight answers
Papaya Village FAQs
Is Papaya Village a good place to live?+
It's a quiet residential neighborhood in Hobe Sound, part of the relaxed Treasure Coast side of Martin County. You're close to neighboring communities like Heritage Ridge while keeping a calm, low-traffic feel at home. It suits buyers who want proximity to the coast without the noise of busier areas.
Is Papaya Village expensive?+
It sits at the higher end of the Hobe Sound market, with a median list price of $850,000 and an average of $396 per square foot. Prices currently range from $660,000 to $1,875,000, so there's variety, but this isn't a budget corner of the county. You can compare against the broader Hobe Sound homes for sale to see where it fits.
What do homes cost in Papaya Village?+
The median list price is $850,000, with the current five listings spanning $660,000 to $1,875,000. Homes run about 2,117 square feet at the median and price around $396 per square foot. One of the active listings is above $1 million, so there's meaningful range for such a small neighborhood.
How is the market in Papaya Village?+
It's a slow, small market: 5 active listings and a median 95 days on market, with no recorded sales in the past 12 months. That means buyers have time to evaluate and negotiate rather than rush. Keep an eye on the live map as inventory turns over.
What about HOA fees and property taxes?+
Median property tax here runs about $7,701 a year, consistent with the wider Hobe Sound area. HOA data isn't currently available for the neighborhood's active listings, so confirm any dues directly with the seller or your agent before making an offer.
Keep exploring
More Hobe Sound 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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