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Featured local agent — Royal Palm Estates, FL
Sarah Mitchell
Compass Real Estate · Royal Palm Estates, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Royal Palm Estates, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$337,500median sale price
How is the Royal Palm Estates, FL housing market right now?
The median home sale price in Royal Palm Estates, FL is $337,500, down 32.5% year-over-year. Homes sell in an average of 70 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Royal Palm Estates a buyer's or seller's market?
Royal Palm Estates, FL is currently a balanced market, based on 1.0 months of supply and homes selling in about 70 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
70
Average pace
Active listings
2
1.0 months supply
Sale-to-list
94.3%
Below asking
What does the Royal Palm Estates housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $337,500 |
| Median list price | $469,000 |
| Year-over-year price change | -32.5% |
| Average days on market | 70 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 94.3% |
| Median price per sq ft | $280/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Royal Palm Estates by property type?
How the Royal Palm Estates, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $337,500 | $280/sq ft | 2 | 70 days |
Source: Redfin · Updated monthly
The Royal Palm Estates housing market is currently classified as a balanced market with a median sale price of $337,500. Prices have fallen 32.5% compared to last year, with homes spending an average of 70 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Royal Palm Estates
There are currently 2 homes listed for sale in Royal Palm Estates, Florida. The median listing price is $469K.
Active listings
2
Homes on market
Median list price
$469K
Avg. days on market
70
Days until sale
New this week
1
Newly listed
Who lives in Royal Palm Estates?
Population
1,722
Median income
$51,461/yr
Median age
36 years
Owner-occupied
61.1%
College grads
0.7%
Avg commute
25.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Royal Palm Estates?
Zillow home value
$407,425
Price-to-income
7.9x
Source: Zillow Research
What is it like to live in Royal Palm Estates?
Royal Palm Estates is a community of approximately 2K residents with a median age of 36 years.The median household income is $51,461, which represents a working-class community with solid middle-income opportunities. 0.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.1%, showing a blend of owner and renter-occupied properties. The average commute time is 25.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Royal Palm Estates offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Royal Palm Estates, FL?
Want a head-to-head view? Compare Royal Palm Estates side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Royal Palm Estates?
The median home sale price in Royal Palm Estates is $337,500, down 32.5% from last year.
How long do homes stay on market in Royal Palm Estates?
Homes typically spend 70 days on market before going under contract.
What is the median income in Royal Palm Estates?
The median household income is $51,461 per year.
Is Royal Palm Estates a buyer's or seller's market?
With 1.0 months of supply, Royal Palm Estates is currently a balanced market.
What is the Zillow home value estimate for Royal Palm Estates?
The Zillow Home Value Index (ZHVI) for Royal Palm Estates is $407,425, representing the typical home value in the area.
How much does a single-family home cost in Royal Palm Estates?
The median single-family home price in Royal Palm Estates, FL is $337,500 (about $280 per square foot).
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