Housing in West Palm Beach, FL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$525,000

Median List Price

$499,900

Price Per Sq Ft

$348

Days on Market

119

Active Inventory

1,260

Months of Supply

10.1

Buyer's market

Zillow Home Value

$391,323

ZHVI — January 2026

Zillow Rent Index

$2,247

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 25.0%List Price 9.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

6.4%

Off Market in 2 Weeks

16.6%

Sale-to-List Ratio

94.4%

Buyer's market

Sold Above Asking
6.4%
Under Contract in 2 Wks
16.6%
Listings with Price Drops
19.8%

Market Activity

Source: Redfin

Homes Sold

125

New Listings

323

Pending Sales

199

Homes Sold 31.3%New Listings 3.2%Pending 21.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$348

Median List $/SF

$346

Sale $/SF 25.2%List $/SF 14.2%Mar 24Jan 26

West Palm Beach vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. West 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

$369,800

Median Rent

$1,709

Total Housing Units

60,786

Vacancy Rate

16.9%

Owner Occupied

50.2%

Renter Occupied

49.8%

Median Property Tax

$3,389

per year

Monthly Cost (w/ Mortgage)

$1,598

Housing Types

Single Family
47.6%
Multi-Family
51.7%
Mobile Home
0.8%

The current median sale price in West Palm Beach, FL is $525,000 according to Redfin data. Homes spend a median of 119 days on the market. 6.4% of homes sold above asking price. The market has 10.1 months of supply. The median price per square foot is $348. Zillow's observed rent index is $2,247/month. About 50.2% of housing units are owner-occupied. The median year homes were built is 1987. There are 60,786 total housing units.