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West Palm Beach

Why you'd want to live in West Palm Beach

West Palm Beach is a city in Florida with a population of 108,365. West Palm Beach is in Palm Beach County. Living in West Palm Beach offers residents an urban suburban mix feel and most residents rent their homes. In West Palm Beach there are a lot of restaurants, coffee shops, and parks. Many young professionals and retirees live in West Palm Beach and residents tend to lean liberal.

West Palm Beach Market Report

$1,406,996

AVERAGE PRICE OF 1,936 HOMES

$3,794,389

AVERAGE PRICE OF 579 MULTI-MILLION DOLLAR HOMES

$5,272,504

AVERAGE PRICE OF 101 NEWLY BUILT HOMES

$2,686,399

AVERAGE PRICE OF 622 HOMES WITH A POOL

$1,094,448

AVERAGE PRICE OF 113 REDUCED PRICE HOMES

$386,967

AVERAGE PRICE OF 23 DISTRESSED HOMES

Average Home

Average Price $1,406,996
Avg Bedrooms 2.6 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $345,433
2 bedrooms $661,467
3 bedrooms $1,341,050
4 bedrooms $2,868,056
5 bedrooms $2,849,340
West Palm Beach Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,840 1,786 1,725 1,749 1,756
Average Price $1,463,887 $1,498,245 $1,457,835 $1,359,475 $1,303,102
Avg Price Change -2.35% +2.77% +7.24% +4.33% +1.28%
Median Price $668,683 $686,908 $665,552 $632,791 $593,012
Med Price Change -2.73% +3.21% +5.18% +6.71% +2.68%
Avg Bedrooms 2.63 beds 2.68 beds 2.73 beds 2.74 beds 2.67 beds
Avg Bathrooms 2.26 baths 2.28 baths 2.3 baths 2.3 baths 2.27 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 1,936 $1,406,996 134 days
Multi-Million Dollar Homes 579 $3,794,389 147 days
Newly Built Homes 101 $5,272,504 154 days
Homes with a Pool 622 $2,686,399 143 days
Reduced Price Homes 113 $1,094,448 88 days
Distressed Homes 23 $386,967 172 days

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Daragh And Kelly McCaffrey
100 S Dixie Highway Ste 202
West Palm Beach, FL 33401
561-766-2195

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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