$78,500
223 Southampton B
West Palm Beach, FL
1 bd1 ba702 sqft$112/ft²
Condo
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Sarah Mitchell
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Compass Real Estate · West Palm Beach, FL
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West Palm Beach, FL(512) 555-0184TX License #0512847
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West Palm Beach, FL Housing Market
Buyer's market+0.4% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in West Palm Beach, FL is worth $404,294, held roughly flat 0.4% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $536,500, +8.4% year over year (through May 2026). With 5.6 months of supply and homes going under contract in about 86 days, West Palm Beach is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $404,294 home is about $2,158/mo in principal and interest.
Key numbers for West Palm Beach, FL
Typical home value
$404,294
+0.4% in 12 months
Zillow, August 2026
Typical asking rent
$2,377/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$536,500
+8.4% year over year
Redfin, through May 2026
Days on market
86
Slow-moving
Redfin, through May 2026
Active listings
1,050
5.6 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$69,261
Home costs 5.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
94.7%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is West Palm Beach a buyer's or seller's market?
Buyer's market5.6 months of supply86 days on market94.7% of asking
West Palm Beach, FL is a buyer's market, based on 5.6 months of supply and homes selling in about 86 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the West Palm Beach housing market data show?
Every row below is Redfin's final published month for West Palm Beach, FL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $536,500 |
| Median list price | $422,500 |
| Year-over-year price change | +8.4% |
| Median price per sq ft | $348/sq ft |
| Median days on market | 86 days |
| Active inventory | 1,050 listings |
| Months of supply | 5.6 months |
| Sale-to-list price ratio | 94.7% |
| Homes sold (that month) | 188 |
| New listings (that month) | 244 |
| Listings with a price cut | 22.8% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for West Palm Beach is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in West Palm Beach is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have West Palm Beach home prices moved?
Over the last three years the median sale price in West Palm Beach, FL rose 39.3%, from $385,063 to $536,500. The live Zillow value series has held roughly flat 0.4% in the last 12 months, which is the more current read now that Redfin's series has stopped. 22.8% of West Palm Beach listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 5.6 months while the sale-to-list ratio slips below its current 94.7%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in West Palm Beach?
Priced off the typical home value of $404,294 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $80,859 | $323,435 | $2,158/mo |
| 5% | $20,215 | $384,080 | $2,563/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,158, that implies roughly $92,500 a year before you add taxes and insurance. The median household in West Palm Beach earns $69,261, about $23,239 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.8x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in West Palm Beach in the next 12 months?
Tell us your timeline. We send the West Palm Beach market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in West Palm Beach?
Typical asking rent in West Palm Beach, FL is $2,377/mo, against a typical home value of $404,294. That is a price-to-rent ratio of 14.2x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $2,158 a month — $219 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in West Palm Beach?
Active listings in West Palm Beach, FL went from 1,177 in May 2025 to 1,050 in May 2026, a -10.8% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 1,134 | 223 |
| July 2025 | 1,097 | 227 |
| August 2025 | 1,086 | 213 |
| September 2025 | 1,088 | 269 |
| October 2025 | 1,164 | 310 |
| November 2025 | 1,216 | 259 |
| December 2025 | 1,185 | 198 |
| January 2026 | 1,234 | 315 |
| February 2026 | 1,263 | 298 |
| March 2026 | 1,232 | 290 |
| April 2026 | 1,119 | 234 |
| May 2026 | 1,050 | 244 |
Redfin, through May 2026
How does West Palm Beach compare to Florida and the U.S.?
West Palm Beach homes sell for $536,500 — 27% above the Florida median of $421,500. Against the national median of $410,700, West Palm Beach runs 31% higher. Year-over-year, West Palm Beach moved +8.4% against Florida's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| West Palm Beach, FL | $536,500 | +8.4% | 86 days |
| Florida statewide | $421,500 | +2.6% | 66 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in West Palm Beach
What buyers should watch
- Months of supply, currently 5.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 22.8%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $405 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $404,294 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median West Palm Beach listing goes under contract in 86 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 94.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month West Palm Beach added 244 new listings against 188 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +0.4% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside West Palm Beach varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in West Palm Beach
There are currently 1,050 homes listed for sale in West Palm Beach, Florida. The median listing price is $423K. Featured listings range from $78,500 to $12,750,000.
$99,000
307 Wellington A
West Palm Beach, FL
1 bd2 ba842 sqft$118/ft²
Condo
View photos & details
$139,000
130 Lake Meryl Dr Apt 228
West Palm Beach, FL
1 bd2 ba800 sqft$174/ft²
Condo
View photos & details
$249,900
4961 Sable Pine Cir Apt B1
West Palm Beach, FL
2 bd2 ba1,115 sqft$224/ft²
Condo
View photos & details
$269,999
5042 Eadie Pl
West Palm Beach, FL
2 bd1 ba740 sqft$365/ft²
House4,356 sqft lot
View photos & details
$310,000
810 Marina Del Ray Ln Unit 7
West Palm Beach, FL
2 bd3 ba1,448 sqft$214/ft²
Townhouse
View photos & details
$350,000
12926 Briarlake Dr Apt 102
West Palm Beach, FL
2 bd2 ba1,300 sqft$269/ft²
Condo
View photos & details
$410,000
9198 Clipper Cir
West Palm Beach, FL
3 bd2 ba1,617 sqft$254/ft²
House
View photos & details
$460,000
6600 Garden Ave
West Palm Beach, FL
3 bd2 ba1,100 sqft$418/ft²
House5,663 sqft lot
View photos & details
$650,000
3221 El Camino Real
West Palm Beach, FL
5 bd3 ba2,874 sqft$226/ft²
House5,663 sqft lot
View photos & details
$699,000
1801 S Flagler Dr Apt 310
West Palm Beach, FL
2 bd2 ba1,348 sqft$519/ft²
Condo
View photos & details
$12,750,000
550 S Australian De Ave Unit LPH2500
West Palm Beach, FL
7 bd8 ba4,752 sqft$2683/ft²
Condo
View photos & details
Looking to buy in West Palm Beach?
Get connected with a local real estate expert — free, no obligation.
Active listings
1,050
Homes on market
Median list price
$423K
Avg. days on market
86
Days until sale
New this week
244
Newly listed
Price drops:22.8%of listings
Sale-to-list:94.7%
How much do homes cost in West Palm Beach by property type?
How the West Palm Beach, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $675,000 | $399/sq ft | 109 | 77 days |
| Condo / co-op | $420,000 | $372/sq ft | 57 | 101 days |
| Townhouse | $307,450 | $222/sq ft | 22 | 103 days |
Who lives in West Palm Beach?
American Community Survey estimates for West Palm Beach. U.S. Census ACS, 2023
Population
119,508
Households
50,518
Median income
$69,261/yr
Median age
40.2 years
Owner-occupied
50.2%
Median home value
$369,800
Median gross rent
$1,709/mo
Mean commute
23.2 min
50.2% of occupied homes in West Palm Beach are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $369,800 against Zillow's $404,294 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,709/mo, below Zillow's $2,377/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve West Palm Beach?
50 schools tracked · 34,444 students
The largest public schools serving West Palm Beach, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PALM BEACH LAKES HIGH SCHOOL
Grades 9-12 · 2,783 students
WILLIAM T. DWYER HIGH SCHOOL
Grades 9-12 · 2,320 students
FOREST HILL COMMUNITY HIGH SCHOOL
Grades 9-12 · 2,108 students
ALEXANDER W DREYFOOS JUNIOR SCHOOL OF THE ARTS
Grades 9-12 · 1,368 students
BAK MIDDLE SCHOOL OF THE ARTS
Grades 6-8 · 1,217 students
RENAISSANCE CHARTER SCHOOL AT SUMMIT
Grades K-8 · 1,106 students
CONNISTON MIDDLE SCHOOL
Grades 6-8 · 1,105 students
BERKSHIRE ELEMENTARY SCHOOL
Grades PK-5 · 1,031 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near West Palm Beach, FL?
Ordered by distance from West Palm Beach, not by size. Compare West Palm Beach side by side with any of them.
West Palm Beach housing market FAQ
Is West Palm Beach a buyer's or seller's market?
West Palm Beach, FL is currently a buyer's market. That read comes from 5.6 months of supply, homes going under contract in about 86 days, and sellers getting 94.7% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in West Palm Beach?
The typical home in West Palm Beach, FL is worth $404,294 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $536,500, about $348 per square foot.
Is West Palm Beach cheaper than the rest of Florida?
West Palm Beach's median sale price of $536,500 is 27% higher than the Florida statewide median of $421,500, and 31% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in West Palm Beach?
Homes in West Palm Beach, FL spent a median of 86 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in West Palm Beach?
At the current 30-year fixed rate of 7.03%, 20% down on a $404,294 home is about $2,158 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $92,500 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $69,261.
Are home prices rising in West Palm Beach?
The typical home value in West Palm Beach, FL held roughly flat 0.4% over the last 12 months, from $402,859 to $404,294 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in West Palm Beach?
West Palm Beach ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in West Palm Beach?
That depends on your timeline, not on a headline. What the data says today: West Palm Beach, FL is a buyer's market with 5.6 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 14.2x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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