Housing in South Palm Beach, FL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$242,500

Median List Price

$329,500

Price Per Sq Ft

$262

Days on Market

225

Active Inventory

68

Months of Supply

7.6

Buyer's market

Zillow Home Value

$362,355

ZHVI — January 2026

Zillow Rent Index

$4,016

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 40.9%List Price 11.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

16.7%

Sale-to-List Ratio

95.5%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
16.7%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

15

Pending Sales

6

Homes Sold 10.0%New Listings 25.0%Pending 64.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$262

Median List $/SF

$317

Sale $/SF 27.6%List $/SF 20.9%Mar 24Jan 26

South Palm Beach vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. South 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

$374,200

Median Rent

$1,750

Total Housing Units

1,988

Vacancy Rate

49.8%

Owner Occupied

88.6%

Renter Occupied

11.4%

Median Property Tax

$2,849

per year

Monthly Cost (w/ Mortgage)

$1,435

Housing Types

Single Family
1.5%
Multi-Family
98.5%
Mobile Home
0.0%

The current median sale price in South Palm Beach, FL is $242,500 according to Redfin data. Homes spend a median of 225 days on the market. 0.0% of homes sold above asking price. The market has 7.6 months of supply. The median price per square foot is $262. Zillow's observed rent index is $4,016/month. About 88.6% of housing units are owner-occupied. The median year homes were built is 1975. There are 1,988 total housing units.