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West Palm Beach Market Report

$526,696

AVERAGE PRICE OF 1,359 HOMES

$217,936

AVERAGE PRICE OF 26 DISTRESSED HOMES

$2,790,244

AVERAGE PRICE OF 120 MULTI-MILLION DOLLAR HOMES

$1,957,602

AVERAGE PRICE OF 59 NEWLY BUILT HOMES

$1,337,724

AVERAGE PRICE OF 212 HOMES WITH A POOL

$804,749

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $526,696
Avg Bedrooms 2.27 beds
Avg Bathrooms 1.89 baths

Average Price by Bedrooms

1 bedroom $110,450
2 bedrooms $303,459
3 bedrooms $466,941
4 bedrooms $793,871
5 bedrooms $1,304,934
West Palm Beach Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 1,384 1,459 1,532 1,656 1,762
Average Price $530,604 $516,256 $506,463 $510,371 $511,035
Avg Price Change +2.78% +1.93% -0.77% -0.13% +2.37%
Median Price $293,026 $279,746 $267,916 $257,022 $249,147
Med Price Change +4.75% +4.42% +4.24% +3.16% +0.18%
Avg Bedrooms 2.24 beds 2.26 beds 2.31 beds 2.39 beds 2.3 beds
Avg Bathrooms 1.84 baths 1.83 baths 1.79 baths 1.76 baths 1.74 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hill Community High School 75 $909,315 74 days
John I. Leonard High School 21 $270,271 62 days
Palm Beach Lakes High School 125 $332,588 70 days
Royal Palm Beach High School 31 $369,004 85 days
Seminole Ridge Community High School 21 $927,571 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,359 $526,696 88 days
Distressed Homes 26 $217,936 123 days
Multi-Million Dollar Homes 120 $2,790,244 61 days
Newly Built Homes 59 $1,957,602 92 days
Homes with a Pool 212 $1,337,724 64 days
Reduced Price Homes 20 $804,749 34 days