Market report · August 19, 2025 – August 19, 2026

West Palm Beach — how the market actually moved.

Every number below is measured off the homes that actually closed in West Palm Beach over the last twelve months, compared with the twelve months before it. No estimates, no national averages.

The numbers by ZIP →See what is for sale

By the numbers

West Palm Beach at a glance

Trailing twelve months against the twelve months before.

Homes sold

2,759

up ↑ 22.8% on the year

Dollar volume

$1.96B

up ↑ 45.3% on the year

Median price

$415,000

up ↑ 5.8% on the year

Median $/sq ft

$273

up ↑ 2.2% on the year

Days on market

up ↑ 2.0% on the year

Sale to list

96.0%

down ↓ 0.3 points on the year

For sale now

398

live listings today

Months of supply

1.7

how long to clear at this pace

Source: our own MLS closings (2,759 sales), measured August 19, 2026

The market was busier than a year ago: 2,759 homes closed, sales up 22.8%.
Half of everything that sold went for more than $415,000, the middle price up 5.8%.
A typical home took 50 days to go under contract, time on market up 2.0%.
Sellers took 4.0% below their asking price at the middle of the market — a home listed at $425,000 closed near $408,194.
At today's pace the 398 homes for sale would take 1.7 months to clear — sellers hold the cards.

Demand and pricing

Eight years, same measuring stick

Homes sold each year

20192,214

20204,829

20216,142

20224,507

20233,744

20243,027

20252,242

20261,936

2026 is a part year — it only counts closings up to today.

Middle price each year

2019$200,000

2020$229,000

2021$260,000

2022$305,000

2023$332,250

2024$380,000

2025$399,900

2026$425,000

Source: Brainiac’s Corner city rollup (bc_city_year), built from our MLS closings

The focused cut

Same twelve months, ZIP by ZIP

A city median hides a lot. This is as fine as the data goes before a median stops meaning anything.

ZIP	Sold	Median price	$/sq ft	Days on market	Sale to list	Share that is West Palm Beach
33417	468	$130,000	$148	57	94.6%	99%
33401	465	$570,000	$459	67	95.3%	100%
33415	384	$275,000	$217	48	97.3%	75%
33405	278	$1,175,000	$798	37	95.0%	100%
33407	260	$400,000	$310	42	96.7%	91%
33406	222	$450,500	$305	40	97.5%	62%
33409	205	$380,000	$240	35	97.0%	98%

Each row is the whole ZIP, not this city’s slice of it, so the rows add up to more than the 2,759 sales in West Palm Beach itself. Showing the 7 ZIPs where West Palm Beach is the majority of sales and at least 25 homes changed hands. 10 more ZIPs carry a West Palm Beach address but belong mostly to a neighbouring city — 33411 (46.4% West Palm Beach), 33412 (45.0% West Palm Beach), 33413 (44.4% West Palm Beach), 33403 (20.6% West Palm Beach). They are left out rather than printed as a West Palm Beach number.

Source: our own MLS closings

Renting

What tenants actually signed for

Closed leases, never asking prices. Bedroom counts are never blended — a studio median and a 3-bedroom median are different markets.

Size	Leases signed	Median rent
Studio	61	$1,400
1 bedroom	1,006	$1,595
2 bedroom	1,488	$2,000
3 bedroom	662	$2,600
4 bedroom	139	$3,500
5 bedroom	28	$4,050

Across all sizes, 3,391 leases closed at a middle rent of $2,000 a month.

Source: our own MLS closed leases

What a feature is worth

The premium, in dollars per square foot

Feature	With it	Without it	Difference	Sales compared
Waterfront	$267	$272	-2%	1,393 vs 3,593
Pool	$254	$296	-14%	3,028 vs 1,958
Newly built (Condo)	$1,209	$190	+538%	32 vs 1,636
Newly built (Single-family)	$450	$335	+34%	125 vs 2,208

A premium is a price difference, not proof the feature caused it — waterfront homes are often bigger and newer too.

Source: Brainiac’s Corner premium study (bc_premiums, bc_newbuild)

Investment sales

Income and commercial, same twelve months

Kind	Sold	Dollar volume	Median price
Small income property (2+ doors)	53	$39M	$580,000
Commercial	57	$79M	$190,000

Source: our own MLS closings, Residential Income and Commercial Sale

The ground underneath

Jobs, people and money

Housing follows the local economy. These are the free public numbers behind the market, not our data.

The county economy

Measure	Latest	Year on year	As of
Unemployment rate	4.6%	+0.7 points	June 1, 2026 (FLPALM2URN)
Population	1,575,726	+0.1%	January 1, 2025 (FLPALM2POP)
Income per person	$126,852	+3.8%	January 1, 2024 (PCPI12099)
New housing units permitted	4,228	+3.4%	January 1, 2025 (BPPRIV012099)

Source: Federal Reserve (FRED), Palm Beach County, FL

Who lives in West Palm Beach

Measure	Value
People	119,508
Median household income	$69,261
Median gross rent	$1,709
Median home value (self-reported)	$369,800
Homes owned rather than rented	50.2%

Source: US Census, American Community Survey 2023 5-year

The economy figures are county-wide — that is as fine as the federal data goes. The Census figures are for the city itself, and lag by a year or two because that is when the survey lands.

Before you lean on a number

How this was measured

Sales are closed transactions from our own MLS feed — not asking prices, not estimates, not a national model.
The window is the twelve months to August 19, 2026, compared with the twelve months before it. Same window on both sides, always.
Every headline figure is a median — the middle sale. One mansion cannot drag it.
A ZIP needs at least 25 sales to get a row. Thinner ones are counted in the footnote instead of given a median.
Rents are closed leases, kept separate by bedroom count. We never blend a studio into a three-bedroom median.
Economy figures come from the Federal Reserve and the US Census, free and public, with the series name printed next to each one so you can check it.