Florida Housing Data · ZIP Scorecard

West Palm Beach, FL (33407) housing scorecard.

As of 2026-10-16, the typical home in West Palm Beach, FL (33407) is worth $357,183, up about 6.1% a year over five years; the Momentum Market Score is 32/100 (pricey against incomes with thin buyer leverage). Data from Zillow, Realtor.com and the U.S. Census; score by Momentum Realty.

Home value, rent, cap rate, 5-year growth, price versus incomes and our 0 to 100 Momentum Market Score for ZIP 33407, free.

Sources: Zillow, Realtor.com, U.S. Census, Freddie Mac/FRED. Score by Momentum Realty (methodology).
Updated 2026-10-16
32/ 100
Momentum Market Score
Seller-favored
West Palm Beach, FL (33407) is pricey against incomes with thin buyer leverage.

The typical home costs about 6.31 times the local median income, about 27.5% richer than the Florida norm, so value is stretched here. Gross rent yield is around 7.72%. Values are up roughly 6.1% a year over the last five years. Owning the typical home at today's 7.4% 30-year rate takes about 41.9% of a median income in principal and interest, the affordability squeeze in one number. About 20.5% of listings have cut their price.

$357,183
Home value
1yr +4.1%
6.1%
5yr growth/yr
ZHVI CAGR
$2,297
Median rent
monthly (ZORI)
7.72%
Cap rate
gross yield
6.31x
Price to income
value vs incomes
+27.5%
Over/undervalued
vs FL norm
41.9%
Affordability
income to own/yr
72
Days on market
median (Realtor)
20.5%
Price cuts
share of listings
$56,606
Median income
household (Census)
34,728
Population
Census ACS
48
New listings
last month

Typical home value, last 13 months

What drives the score

Cheapness vs income17
Price-cut leverage24
Inventory growth40
Affordability17
Rent yield75

Each bar ranks this ZIP against every other Florida ZIP (0 = lowest, 100 = highest) on that input, then weighted into the score. Full methodology.

Common questions

Is West Palm Beach, FL (33407) a buyer's or seller's market?

By the Momentum Market Score, West Palm Beach, FL (33407) reads seller-favored (32 out of 100), meaning it is pricey against incomes with thin buyer leverage. The score blends value versus incomes, price cuts, inventory growth, affordability and rent yield.

What is the typical home value in West Palm Beach?

About $357,183 (Zillow Home Value Index, 2026-10-16), up roughly 6.1% a year over five years.

Where does this data come from?

Zillow Research (home value, rent), Realtor.com (days on market, listings), U.S. Census (income, population), Freddie Mac via FRED (rate). Score and derived metrics by Momentum Realty, methodology here.

Data: Zillow Research, Realtor.com, U.S. Census Bureau ACS, and Freddie Mac 30-Year Fixed Rate Mortgage Average [MORTGAGE30US] via FRED. Score by Momentum Realty.

Housing distress & ownership in ZIP 33407

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
1.23%
2 of 162 listings · short sale 2
Months of supply
6.5
buyer’s market · active inventory ÷ sales pace (trailing 12 mo)
Actives with a price cut
36.5%
median cut 4.9% off original price · 58 of 159 active listings
Out-of-state owners
13.3%
mailing address outside FL
Non-homestead
58.3%
not owner-occupied (investor/2nd-home proxy)
Median just value
$280,689
11,344 parcels
Median closed sale price — $385,000 · ▲ 7.0% yr (12-mo rolling)
Distress share trend — 1.23% now (2026-08-10 → 2026-09-11)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

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