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West Palm Beach Market Report

$692,811

AVERAGE PRICE OF 1,137 HOMES

$230,446

AVERAGE PRICE OF 15 DISTRESSED HOMES

$3,545,289

AVERAGE PRICE OF 135 MULTI-MILLION DOLLAR HOMES

$3,565,028

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$1,947,256

AVERAGE PRICE OF 198 HOMES WITH A POOL

$703,838

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $692,811
Avg Bedrooms 2.23 beds
Avg Bathrooms 1.88 baths

Average Price by Bedrooms

1 bedroom $106,943
2 bedrooms $282,749
3 bedrooms $449,172
4 bedrooms $1,174,803
5 bedrooms $1,322,221
West Palm Beach Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 1,192 n/a 1,374 1,384 1,459
Average Price $634,449 n/a $516,548 $530,604 $516,256
Avg Price Change n/a n/a -2.72% +2.78% +1.93%
Median Price $295,015 n/a $295,227 $293,026 $279,746
Med Price Change n/a n/a +0.75% +4.75% +4.42%
Avg Bedrooms 2.2 beds n/a 2.25 beds 2.24 beds 2.26 beds
Avg Bathrooms 1.84 baths n/a 1.87 baths 1.84 baths 1.83 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hill Community High School 68 $1,114,268 93 days
John I. Leonard High School 24 $296,391 51 days
Palm Beach Lakes High School 90 $353,196 72 days
Royal Palm Beach High School 17 $519,484 142 days
Seminole Ridge Community High School 20 $1,458,736 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,137 $692,811 84 days
Distressed Homes 15 $230,446 341 days
Multi-Million Dollar Homes 135 $3,545,289 96 days
Newly Built Homes 42 $3,565,028 160 days
Homes with a Pool 198 $1,947,256 62 days
Reduced Price Homes 23 $703,838 32 days