Royal Palm Beach, FL

Buyer's market+5.1% YoY

Housing market overview · Updated weekly

$507,500median sale price

Homes sold

46

Last 12 weeks

Days on market

93

Average pace

Active listings

242

5.3 months supply

Sale-to-list

97.5%

Below asking

The Royal Palm Beach housing market is currently classified as a buyer's market with a median sale price of $507,500. Prices have risen 5.1% compared to last year, with homes spending an average of 93 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Royal Palm Beach

There are currently 242 homes listed for sale in Royal Palm Beach, Florida. The median listing price is $545K.

Active listings

242

Homes on market

Median list price

$545K

Avg. days on market

93

Days until sale

New this week

65

Newly listed

Price drops:22.7%of listings
Sale-to-list:97.5%

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Frequently asked questions

What is the average home price in Royal Palm Beach?

The median home sale price in Royal Palm Beach is $507,500, up 5.1% from last year.

How long do homes stay on market in Royal Palm Beach?

Homes typically spend 93 days on market before going under contract.

Is Royal Palm Beach a buyer's or seller's market?

With 5.3 months of supply, Royal Palm Beach is currently a buyer's market.

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