West Palm Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $210,000
    6% ( $11,000 ) vs May 2015
  • Median Sales Price
    $150,000
    3% ( $5,000 ) vs May 2015
  • Median Foreclosure Sales Price
    $139,550
    10% ( $12,806 ) vs May 2015
  • Foreclosures 4,157
    Homes for Sale 2,479
    Recently Sold 5,527

Market Summary

There are currently 4,157 properties in West Palm Beach, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 2,479.

In June, the number of properties that received a foreclosure filing in West Palm Beach, FL was 20% lower than the previous month and 35% lower than the same time last year.

Home sales for May 2016 were down 68% compared with the previous month, and down 56% compared with a year ago. The median sales price of a non-distressed home was $150,000. The median sales price of a foreclosure home was $139,550, or 7% lower than non-distressed home sales.

Sales Prices - West Palm Beach, FL




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$139,550 (Median Foreclosure Sales Price) $126,744 (Median Foreclosure Sales Price) $118,900 (Median Foreclosure Sales Price) $112,500 (Median Foreclosure Sales Price) $108,000 (Median Foreclosure Sales Price) $101,400 (Median Foreclosure Sales Price) $150,000 (Median Sales Price) $145,000 (Median Sales Price) $144,950 (Median Sales Price) $140,000 (Median Sales Price) $140,000 (Median Sales Price) $139,990 (Median Sales Price) $139,550 (Median Foreclosure Sales Price) $126,744 (Median Foreclosure Sales Price) $118,900 (Median Foreclosure Sales Price) $112,500 (Median Foreclosure Sales Price) $108,000 (Median Foreclosure Sales Price) $101,400 (Median Foreclosure Sales Price) $150,000 (Median Sales Price) $145,000 (Median Sales Price) $144,950 (Median Sales Price) $140,000 (Median Sales Price) $140,000 (Median Sales Price) $139,990 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pompano Beach
523
32.3
% (y-o-y)
$184,000
8.4
% (y-o-y)
18.5%
29.3
% (y-o-y)
Lake Worth
191
52.4
% (y-o-y)
$165,000
10.0
% (y-o-y)
7.6%
23.3
% (y-o-y)
Boca Raton
184
60.3
% (y-o-y)
$285,000
5.9
% (y-o-y)
28.0%
26.7
% (y-o-y)
Stuart
130
293.9
% (y-o-y)
$185,000
25.5
% (y-o-y)
31.1%
22.7
% (y-o-y)
Deerfield Beach
93
28.5
% (y-o-y)
$122,782
11.6
% (y-o-y)
Data not available
Boynton Beach
90
70.9
% (y-o-y)
$205,000
20.6
% (y-o-y)
23.1%
20.6
% (y-o-y)
Delray Beach
69
77.7
% (y-o-y)
$149,950
11.1
% (y-o-y)
Data not available
Jupiter
65
64.3
% (y-o-y)
$290,000
11.9
% (y-o-y)
15.5%
35.3
% (y-o-y)
Palm Beach Gardens
59
65.7
% (y-o-y)
$280,000
9.7
% (y-o-y)
31.7%
39.2
% (y-o-y)
Palm City
53
211.8
% (y-o-y)
$325,250
41.4
% (y-o-y)
45.3%
22.0
% (y-o-y)

Local Info For West Palm Beach

Population:
97,798
Cost of Living Index: 125.73
Crime Index: 222.08     Rating: C- View crime details
Schools: 65    Average School Rating: C+ View individual school rating
Household Median Income: $44,905
Unemployment: 4.00%
Percentage of vacant homes: 23.16%

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