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West Palm Beach Market Report

$497,062

AVERAGE PRICE OF 1,948 HOMES

$200,733

AVERAGE PRICE OF 19 DISTRESSED HOMES

$3,175,445

AVERAGE PRICE OF 148 MULTI-MILLION DOLLAR HOMES

$2,095,264

AVERAGE PRICE OF 85 NEWLY BUILT HOMES

$1,334,991

AVERAGE PRICE OF 279 HOMES WITH A POOL

$286,567

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $497,062
Avg Bedrooms 2.23 beds
Avg Bathrooms 1.71 baths

Average Price by Bedrooms

1 bedroom $109,029
2 bedrooms $237,371
3 bedrooms $426,119
4 bedrooms $794,967
5 bedrooms $1,885,206
West Palm Beach Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 2,081 n/a 2,136 2,232 2,302
Average Price $495,738 n/a $494,638 $482,435 $460,767
Avg Price Change n/a n/a +2.53% +4.70% +2.58%
Median Price $246,681 n/a $245,028 $246,007 $240,312
Med Price Change n/a n/a -0.40% +2.37% +0.93%
Avg Bedrooms 2.25 beds n/a 2.24 beds 2.34 beds 2.34 beds
Avg Bathrooms 1.77 baths n/a 1.78 baths 1.83 baths 1.83 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hill Community High School 92 $758,996 87 days
Palm Beach Central High School 24 $658,653 75 days
Palm Beach Lakes High School 146 $275,302 77 days
Royal Palm Beach High School 34 $277,789 100 days
Seminole Ridge Community High School 36 $444,063 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,948 $497,062 105 days
Distressed Homes 19 $200,733 284 days
Multi-Million Dollar Homes 148 $3,175,445 119 days
Newly Built Homes 85 $2,095,264 125 days
Homes with a Pool 279 $1,334,991 99 days
Reduced Price Homes 29 $286,567 75 days