West Palm Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $212,950
    6% ( $11,950 ) vs Jul 2015
  • Median Sales Price
    $169,900
    8% ( $12,900 ) vs Jul 2015
  • Median Foreclosure Sales Price
    $131,662
    5% ( $6,662 ) vs Jul 2015
  • Foreclosures 4,157
    Homes for Sale 2,606
    Recently Sold 6,178

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 2,606.

In August, the number of properties that received a foreclosure filing in West Palm Beach, FL was 18% higher than the previous month and 4% lower than the same time last year.

Home sales for July 2016 were down 17% compared with the previous month, and up 629% compared with a year ago. The median sales price of a non-distressed home was $169,900. The median sales price of a foreclosure home was $131,662, or 23% lower than non-distressed home sales.

Sales Prices - West Palm Beach, FL




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$131,662 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure 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) $169,900 (Median Sales Price) $157,000 (Median Sales Price) $150,000 (Median Sales Price) $145,000 (Median Sales Price) $144,950 (Median Sales Price) $140,000 (Median Sales Price) $131,662 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure 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) $169,900 (Median Sales Price) $157,000 (Median Sales Price) $150,000 (Median Sales Price) $145,000 (Median Sales Price) $144,950 (Median Sales Price) $140,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pompano Beach
247
21.8
% (y-o-y)
$215,000
30.3
% (y-o-y)
29.2%
26.1
% (y-o-y)
Lake Worth
177
23.8
% (y-o-y)
$214,000
35.0
% (y-o-y)
24.3%
26.5
% (y-o-y)
Boca Raton
166
48.2
% (y-o-y)
$330,000
15.7
% (y-o-y)
22.4%
21.6
% (y-o-y)
Boynton Beach
104
11.8
% (y-o-y)
$208,745
6.8
% (y-o-y)
19.3%
29.0
% (y-o-y)
Delray Beach
95
37.7
% (y-o-y)
$254,100
81.5
% (y-o-y)
28.3%
13.9
% (y-o-y)
Palm Beach Gardens
60
100.0
% (y-o-y)
$265,000
17.2
% (y-o-y)
16.4%
37.5
% (y-o-y)
Jupiter
48
84.6
% (y-o-y)
$318,500
2.9
% (y-o-y)
3.8%
34.5
% (y-o-y)
Stuart
42
50.0
% (y-o-y)
$230,000
100.0
% (y-o-y)
41.5%
13.5
% (y-o-y)
Deerfield Beach
32
13.5
% (y-o-y)
$162,500
38.9
% (y-o-y)
24.3%
26.5
% (y-o-y)
Loxahatchee
25
13.6
% (y-o-y)
$299,000
2.6
% (y-o-y)
24.3%
37.2
% (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: 4.70%
Percentage of vacant homes: 23.16%

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