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West Palm Beach

Why you'd want to live in West Palm Beach

As one of the three largest cities making up the South Florida region, and the central city of Palm Beach County, West Palm Beach is a vibrant, growing, waterfront city that offers the business advantages available in the region, combined with a more refined and relaxed environment for living and working. via wpb.org

West Palm Beach Market Report

$1,513,610

AVERAGE PRICE OF 1,794 HOMES

$4,059,275

AVERAGE PRICE OF 546 MULTI-MILLION DOLLAR HOMES

$5,621,697

AVERAGE PRICE OF 97 NEWLY BUILT HOMES

$2,818,231

AVERAGE PRICE OF 597 HOMES WITH A POOL

$952,460

AVERAGE PRICE OF 87 REDUCED PRICE HOMES

$270,021

AVERAGE PRICE OF 16 DISTRESSED HOMES

Average Home

Average Price $1,513,610
Avg Bedrooms 2.71 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $343,197
2 bedrooms $659,766
3 bedrooms $1,481,712
4 bedrooms $2,983,065
5 bedrooms $2,877,874
West Palm Beach Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 1,725 1,749 1,756 1,746 1,727
Average Price $1,457,835 $1,359,475 $1,303,102 $1,286,645 $1,284,320
Avg Price Change +7.24% +4.33% +1.28% +0.18% n/a
Median Price $665,552 $632,791 $593,012 $577,515 $574,045
Med Price Change +5.18% +6.71% +2.68% +0.60% n/a
Avg Bedrooms 2.73 beds 2.74 beds 2.67 beds 2.69 beds 2.67 beds
Avg Bathrooms 2.3 baths 2.3 baths 2.27 baths 2.27 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cooper City 1 $600,000 38 days
Forest Hill Community High School 93 $1,364,169 76 days
John I. Leonard High School 35 $330,645 41 days
Palm Beach Central High School 22 $1,014,032 68 days
Palm Beach Lakes High School 145 $490,464 75 days
Seminole Ridge Community High School 30 $1,156,420 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,794 $1,513,610 127 days
Multi-Million Dollar Homes 546 $4,059,275 135 days
Newly Built Homes 97 $5,621,697 131 days
Homes with a Pool 597 $2,818,231 129 days
Reduced Price Homes 87 $952,460 75 days
Distressed Homes 16 $270,021 232 days

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Keller Williams | Palm Beach Island
Renee Goodemote
250 S. Australian Ave Suite 1107
West Palm Beach, FL 33401
561-757-0676

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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