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West Palm Beach Market Report

$1,018,040

AVERAGE PRICE OF 1,578 HOMES

$386,967

AVERAGE PRICE OF 23 DISTRESSED HOMES

$3,383,955

AVERAGE PRICE OF 336 MULTI-MILLION DOLLAR HOMES

$4,702,907

AVERAGE PRICE OF 65 NEWLY BUILT HOMES

$2,136,910

AVERAGE PRICE OF 340 HOMES WITH A POOL

$907,729

AVERAGE PRICE OF 95 REDUCED PRICE HOMES

Average Home

Average Price $1,018,040
Avg Bedrooms 2.44 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $202,292
2 bedrooms $397,583
3 bedrooms $763,449
4 bedrooms $1,629,330
5 bedrooms $1,709,981
West Palm Beach Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,494 1,449 1,408 1,440 1,462
Average Price $1,070,135 $1,084,605 $1,052,223 $984,697 $933,182
Avg Price Change -1.35% +3.08% +6.86% +5.52% +1.76%
Median Price $439,429 $443,129 $445,506 $437,314 $412,854
Med Price Change -0.84% -0.54% +1.87% +5.92% +3.02%
Avg Bedrooms 2.44 beds 2.5 beds 2.57 beds 2.59 beds 2.52 beds
Avg Bathrooms 2.04 baths 2.06 baths 2.1 baths 2.12 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cooper City 1 $475,000 99 days
Forest Hill Community High School 95 $1,439,745 85 days
John I. Leonard High School 33 $325,972 62 days
Palm Beach Central High School 26 $961,526 74 days
Palm Beach Lakes High School 145 $448,541 73 days
Seminole Ridge Community High School 32 $1,095,603 96 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,578 $1,018,040 88 days
Distressed Homes 23 $386,967 171 days
Multi-Million Dollar Homes 336 $3,383,955 113 days
Newly Built Homes 65 $4,702,907 111 days
Homes with a Pool 340 $2,136,910 94 days
Reduced Price Homes 95 $907,729 81 days

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