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  • West Palm Beach Market Report

    $1,095,190

    AVERAGE PRICE OF 1,450 HOMES

    $270,646

    AVERAGE PRICE OF 16 DISTRESSED HOMES

    $3,553,521

    AVERAGE PRICE OF 322 MULTI-MILLION DOLLAR HOMES

    $4,842,545

    AVERAGE PRICE OF 60 NEWLY BUILT HOMES

    $2,150,701

    AVERAGE PRICE OF 329 HOMES WITH A POOL

    $793,720

    AVERAGE PRICE OF 82 REDUCED PRICE HOMES

    Average Home

    Average Price $1,095,190
    Avg Bedrooms 2.55 beds
    Avg Bathrooms 2.08 baths

    Average Price by Bedrooms

    1 bedroom $206,022
    2 bedrooms $408,299
    3 bedrooms $817,936
    4 bedrooms $1,680,817
    5 bedrooms $1,829,505
    West Palm Beach Home Price Trends
      11/2022 10/2022 9/2022 8/2022 7/2022
    Total Listings 1,408 1,440 1,462 1,459 1,446
    Average Price $1,052,223 $984,697 $933,182 $917,005 $922,446
    Avg Price Change +6.86% +5.52% +1.76% -0.59% n/a
    Median Price $445,506 $437,314 $412,854 $400,757 $394,299
    Med Price Change +1.87% +5.92% +3.02% +1.64% n/a
    Avg Bedrooms 2.57 beds 2.59 beds 2.52 beds 2.52 beds 2.49 beds
    Avg Bathrooms 2.1 baths 2.12 baths 2.08 baths 2.07 baths 2.06 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Cooper City 1 $600,000 35 days
    Forest Hill Community High School 96 $1,353,923 75 days
    John I. Leonard High School 33 $333,866 40 days
    Palm Beach Central High School 21 $1,019,700 68 days
    Palm Beach Lakes High School 145 $497,449 82 days
    Seminole Ridge Community High School 32 $1,122,575 86 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,450 $1,095,190 86 days
    Distressed Homes 16 $270,646 229 days
    Multi-Million Dollar Homes 322 $3,553,521 104 days
    Newly Built Homes 60 $4,842,545 90 days
    Homes with a Pool 329 $2,150,701 84 days
    Reduced Price Homes 82 $793,720 52 days