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West Palm Beach

Why you'd want to live in West Palm Beach

As one of the three largest cities making up the South Florida region, and the central city of Palm Beach County, West Palm Beach is a vibrant, growing, waterfront city that offers the business advantages available in the region, combined with a more refined and relaxed environment for living and working. via wpb.org

West Palm Beach Market Report

$1,018,331

AVERAGE PRICE OF 1,574 HOMES

$386,967

AVERAGE PRICE OF 23 DISTRESSED HOMES

$3,373,655

AVERAGE PRICE OF 337 MULTI-MILLION DOLLAR HOMES

$4,702,907

AVERAGE PRICE OF 65 NEWLY BUILT HOMES

$2,128,757

AVERAGE PRICE OF 341 HOMES WITH A POOL

$940,580

AVERAGE PRICE OF 96 REDUCED PRICE HOMES

Average Home

Average Price $1,018,331
Avg Bedrooms 2.43 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $201,983
2 bedrooms $396,918
3 bedrooms $762,742
4 bedrooms $1,640,120
5 bedrooms $1,725,146
West Palm Beach Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,494 1,449 1,408 1,440 1,462
Average Price $1,070,135 $1,084,605 $1,052,223 $984,697 $933,182
Avg Price Change -1.35% +3.08% +6.86% +5.52% +1.76%
Median Price $439,429 $443,129 $445,506 $437,314 $412,854
Med Price Change -0.84% -0.54% +1.87% +5.92% +3.02%
Avg Bedrooms 2.44 beds 2.5 beds 2.57 beds 2.59 beds 2.52 beds
Avg Bathrooms 2.04 baths 2.06 baths 2.1 baths 2.12 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cooper City 1 $475,000 100 days
Forest Hill Community High School 94 $1,436,243 85 days
John I. Leonard High School 34 $328,444 61 days
Palm Beach Central High School 26 $955,757 75 days
Palm Beach Lakes High School 143 $447,683 74 days
Seminole Ridge Community High School 32 $1,094,794 97 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,574 $1,018,331 89 days
Distressed Homes 23 $386,967 172 days
Multi-Million Dollar Homes 337 $3,373,655 114 days
Newly Built Homes 65 $4,702,907 112 days
Homes with a Pool 341 $2,128,757 95 days
Reduced Price Homes 96 $940,580 78 days
Legacy Realty & Development, LLC
Jean Marseille
801 S. Olive Avenue, Suite 110
West Palm Beach, FL 33401
561-246-3720

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UP5DB701E1507748.jpg All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2023 BeachesMLS, Inc.
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