Palm Beach, FL Home Values & Market Trends

Real estate market trends reflect that there have been 312 transactions over the past year in Palm Beach. The median value for residential home transactions that occurred over the previous year is $3,428,502.34. The number of current listings in Palm Beach is 47, and the percentage of properties for sale in the city is 47.00%. Palm Beach, FL currently has 13 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 47 properties for sale.

Palm Beach, FL Real Estate Market Overview

ZipMedian Est. Value
33480

$ 849,999

$ 543/sqft

Housing Market Summary for Palm Beach, FL

Apr 2023March 2024Change
Median Listing Price$2.5M$3.4M34.74%
Median Sold Price$1.8M$3.4M94.37%
Homes For Sale5245-13.46%
Homes Sold251178-29.08%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Palm Beach, FL

Palm Beach home values range from $46,968 to $84,550,063. The median estimated value of a home in Palm Beach is $3,428,502.34. The median list price of a home is 2,850,000, and the total count of properties in the city is 7,102.

Foreclosure
There is 1 zips within Palm Beach, FL; within this zips, the median estimated home value for homes in foreclosure ranges from $45,708,739 in 33480 to the lowest value of $254,984 in 33480. Foreclosure homes account for 0.00% of properties in Palm Beach, FL with 33480 containing 20 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.18% of all residential properties in Palm Beach, FL with 33480 containing 20 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Palm Beach, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $45,708,739 in 33480 to the lowest home value of $254,984 in 33480.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Palm Beach, FL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Palm Beach, FL. There is 1 zips within Palm Beach, FL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Palm Beach, FL. Auction homes and other auction properties account for 0% of all properties in Palm Beach, FL. There is 1 zips within Palm Beach, FL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.66% of residential properties in Palm Beach, FL with 33480 containing 94 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Palm Beach, FL; homes for sale in that zips, have a range of median values from $31,850,000 in 33480 to the lowest value of $229,900 in 33480.
    Sold Homes
    The median value for recently sold homes ranges from $61,391,147 in 33480 to the lowest price of $203,357 in 33480. There is 1 zips within Palm Beach, FL. 33480 has 229 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.55% of properties in Palm Beach, FL.

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      Guide for Palm Beach, FL

      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
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      Tallahassee’s Real Estate Market A in Review 2023-2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      See More Articles
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Recently Listed Homes Palm Beach, FL

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