Palm Beach County, FL Home Values & Market Trends
The median home price in Palm Beach County, FL is $477,659.93. There were 25,745 home sales in Palm Beach County, FL over the past 12 months. The median residential Palm Beach County, FL home value for transactions over the previous year is $376,622.686. The number of current listings in Palm Beach County, FL is 4,848, and the percentage of properties for sale is 4848.00%. The county has 3,802 foreclosures, 32 bank owned properties, 203 headed for auction, and 4,848 properties for sale.
Palm Beach County, FL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| West Palm Beach | $ 328,954 $ 260/sqft | North Palm Beach | $ 583,900 $ 421/sqft |
| Boca Raton | $ 700,000 $ 364/sqft | Loxahatchee | $ 784,000 $ 345/sqft |
| Delray Beach | $ 263,894 $ 230/sqft | Palm Beach | $ 2,606,983 $ 1,495/sqft |
| Boynton Beach | $ 346,250 $ 245/sqft | Lake Worth Beach | $ 122,418 $ 174/sqft |
| Lake Worth | $ 359,000 $ 242/sqft | Canal Point | $ 169,900 $ 198/sqft |
| Jupiter | $ 795,000 $ 462/sqft | Pahokee | $ 203,143 $ 159/sqft |
| Palm Beach Gardens | $ 775,000 $ 385/sqft | South Bay | $ 181,131 $ 164/sqft |
| Wellington | $ 1,027,753 $ 402/sqft | Belle Glade | $ 430,000 $ 138/sqft |
Housing Market Summary for Palm Beach County, FL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $505.7K | $427.8K | -15.41% |
| Median Sold Price | $413.7K | $427.8K | 3.41% |
| Homes For Sale | 3,325 | 4,880 | 46.77% |
| Homes Sold | 17,848 | 13,793 | -22.72% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Palm Beach County, FL
Browse Homes in Palm Beach County, FL
Palm Beach County, FL home values range from $21,666 to $92,422,563. Palm Beach is the priciest city with a median listing home price of $2,922,500, and Lake Worth Beach is most affordable with average house prices of around $121,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.71% of all residential properties in Palm Beach County, FL with West Palm Beach containing 725 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Palm Beach County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $36,418,707 in Palm Beach to the lowest home value of $50,162 in Delray Beach.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Palm Beach County, FL ranges from the highest value of $631,892 in Wellington to the lowest value of $67,500 in Lake Worth. Bank owned homes and properties account for 0.01% of properties in Palm Beach County, FL. There are 16 cities within Palm Beach County, FL; Boynton Beach containing 8 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsWest Palm Beach has 41 auction properties, the highest number of properties going to auction in a single city in the state of Palm Beach County, FL. Auction homes and other auction properties account for 0.04% of all properties in Palm Beach County, FL. There are 16 cities within Palm Beach County, FL; of those cities, the median estimated home value for homes going to auction ranges from $1,378,640 in Wellington to the lowest value of $117,835 in Wellington.
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More Real Estate Resources for Palm Beach County, FL
Guide for Palm Beach County, FL
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