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West Palm Beach Market Report

$1,134,692

AVERAGE PRICE OF 1,687 HOMES

$410,179

AVERAGE PRICE OF 10 DISTRESSED HOMES

$3,513,529

AVERAGE PRICE OF 394 MULTI-MILLION DOLLAR HOMES

$4,501,692

AVERAGE PRICE OF 97 NEWLY BUILT HOMES

$2,285,997

AVERAGE PRICE OF 393 HOMES WITH A POOL

$842,184

AVERAGE PRICE OF 71 REDUCED PRICE HOMES

Average Home

Average Price $1,134,692
Avg Bedrooms 2.46 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $207,333
2 bedrooms $607,300
3 bedrooms $937,759
4 bedrooms $1,951,795
5 bedrooms $2,035,751
West Palm Beach Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 1,609 1,510 1,421 1,412 1,483
Average Price $1,095,616 $1,049,858 $1,035,478 $1,015,453 $1,026,360
Avg Price Change +4.36% +1.39% +1.97% -1.07% +1.48%
Median Price $480,429 $478,921 $450,623 $432,485 $428,640
Med Price Change +0.31% +6.28% +4.19% +0.90% +0.83%
Avg Bedrooms 2.39 beds 2.32 beds 2.35 beds 2.32 beds 2.38 beds
Avg Bathrooms 2.04 baths 2 baths 2.01 baths 1.99 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hill Community High School 107 $1,361,932 99 days
Palm Beach Central High School 26 $989,387 73 days
Palm Beach Lakes High School 143 $461,018 72 days
Royal Palm Beach High School 28 $561,882 131 days
Seminole Ridge Community High School 25 $1,452,912 88 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,687 $1,134,692 86 days
Distressed Homes 10 $410,179 74 days
Multi-Million Dollar Homes 394 $3,513,529 97 days
Newly Built Homes 97 $4,501,692 136 days
Homes with a Pool 393 $2,285,997 81 days
Reduced Price Homes 71 $842,184 75 days

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