How much do homes in Palm Beach County, FL cost?

Median List Price

$361,141

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$31,699(+9.6%)

Key Takeaway

The list price of homes in Palm Beach County has increased by 9.6% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $89.9K$105.2K+17.0%
2 $199K$225K+13.0%
3 $349.8K$396K+13.2%
4 $529.7K$601.1K+13.5%
5+ $935.2K$1.1M+28.1%

Median List Price Compared To Nearby Counties

Hendry County
+23.1%
Broward County
+10.0%
Palm Beach County
+9.6%
Martin County
+6.9%
Glades County
0.0%

How many homes are available in Palm Beach County, FL?

Number of Homes For Sale

Jul 2021Aug 2021%
11,64210,811-7.1%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 905878-3.0%
2 4,0383,704-8.3%
3 3,9273,645-7.2%
4 1,6821,577-6.2%
5+ 1,0901,007-7.6%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
163 Days104 Days-36.0%

Breakdown of Home Sale Times

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Key Takeaway

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About Palm Beach County, FL

Palm Beach County, FL has 10,811 homes for sale to choose from. Between July 2021 and August 2021, Palm Beach County, FL real estate market has seen decrease in the number of listings by 7.1%. Listings spent 104 days on the market in August 2021, and had a median list price of $361,141 during the same period. Listing prices have changed in this real estate market between July 2021 and August 2021: 1 bedroom properties became 17% more expensive, prices of 2 bedrooms properties went up by 13%, prices of 3 bedrooms properties increased by 13.2%, prices of 4 bedrooms properties went up by 13.5%, 5 bedrooms properties became 28.1% more expensive. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 3%, 2 bedrooms homes became 8.3% less available, volume of 3 bedrooms homes went down by 7.2%, number of 4 bedrooms homes decreased by 6.2%, the quantity of 5 bedrooms homes went down by 7.6%. In August 2021, from all listings sold in Palm Beach County, FL there were more than 659 sold above asking price, over 1289 sold below and more than 473 were sold right at the asked price.

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