Housing in Palm Beach, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$2,495,000

Median List Price

$2,975,000

Price Per Sq Ft

$1,490

Days on Market

102

Active Inventory

358

Months of Supply

9.7

Buyer's market

Zillow Home Value

$2,065,076

ZHVI — January 2026

Zillow Rent Index

$7,765

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 8.2%List Price 4.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

2.3%

Sale-to-List Ratio

91.9%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
2.3%
Listings with Price Drops
19.8%

Market Activity

Source: Redfin

Homes Sold

37

New Listings

87

Pending Sales

44

Homes Sold 8.8%New Listings 77.6%Pending 18.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$1,490

Median List $/SF

$1,526

Sale $/SF 7.4%List $/SF 16.0%Mar 24Jan 26

Palm Beach vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Palm Beach is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$1,996,700

Median Rent

$1,849

Total Housing Units

10,450

Vacancy Rate

47.8%

Owner Occupied

82.7%

Renter Occupied

17.3%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,670

Housing Types

Single Family
28.0%
Multi-Family
71.9%
Mobile Home
0.1%

The current median sale price in Palm Beach, FL is $2,495,000 according to Redfin data. Homes spend a median of 102 days on the market. 0.0% of homes sold above asking price. The market has 9.7 months of supply. The median price per square foot is $1,490. Zillow's observed rent index is $7,765/month. About 82.7% of housing units are owner-occupied. The median year homes were built is 1971. There are 10,450 total housing units.