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

Median List Price

$360,000

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$25,000(+7.5%)

Key Takeaway

The list price of homes in Royal Palm Beach has increased by 7.5% 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 $74.3K$88.5K+19.1%
2 $172.9K$189.9K+9.8%
3 $325K$350K+7.7%
4 $389.9K$432.5K+10.9%
5+ $434.9K$499K+14.7%

Median List Price Compared To Nearby Cities

Loxahatchee Groves
+52.4%
Wellington
+16.8%
West Palm Beach
+14.0%
Royal Palm Beach-West Jupiter
+12.0%
Royal Palm Beach
+7.5%

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

Number of Homes For Sale

Jul 2021Aug 2021%
220215-2.3%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 139-30.8%
2 4445+2.3%
3 9596+1.1%
4 5351-3.8%
5+ 1514-6.7%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
104 Days67 Days-35.5%

Breakdown of Home Sale Times

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Key Takeaway

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About Royal Palm Beach, FL

Royal Palm Beach, FL has 215 homes on the market. The number of listings in Royal Palm Beach, FL decreased by 2.3% between July 2021 and August 2021. In August 2021, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $360,000. This housing market listing prices have changed between July 2021 and August 2021: prices of 1 bedroom properties increased by 19.1%, 2 bedrooms properties became 9.8% more expensive, 3 bedrooms properties prices increased by 7.7%, 4 bedrooms properties became 10.9% more expensive, prices of 5 bedrooms properties increased by 14.7%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 30.8% less available, the quantity of 2 bedrooms homes went up by 2.3%, number of 3 bedrooms homes increased by 1.1%, 4 bedrooms homes inventory decreased by 3.8%, number of 5 bedrooms homes decreased by 6.7%. In August 2021 more than 27 listings in Royal Palm Beach, FL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 21 were sold below.

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