Florida Housing Data · ZIP Scorecard

Palm Springs, FL (33461) housing scorecard.

Home value, rent, cap rate, 5-year growth, price versus incomes and our 0 to 100 Momentum Market Score for ZIP 33461, free, from Zillow, Realtor.com and Census data.

Sources: Zillow, Realtor.com, U.S. Census, Freddie Mac/FRED. Score by Momentum Realty (methodology).
Updated 2026-08-22
48/ 100
Momentum Market Score
Balanced
Palm Springs, FL (33461) is neither side has a clear edge right now.

At about 5.03 times the local median income, prices sit close to the Florida norm. Gross rent yield is around 8.02%. Values are up roughly 5.4% a year over the last five years. Owning the typical home at today's 6.65% 30-year rate takes about 31.0% of a median income in principal and interest, the affordability squeeze in one number. About 23.1% of listings have cut their price.

$308,152
Home value
1yr +-0.0%
5.4%
5yr growth/yr
ZHVI CAGR
$2,060
Median rent
monthly (ZORI)
8.02%
Cap rate
gross yield
5.03x
Price to income
value vs incomes
+0.8%
Over/undervalued
vs FL norm
31.0%
Affordability
income to own/yr
103
Days on market
median (Realtor)
23.1%
Price cuts
share of listings
$61,218
Median income
household (Census)
49,245
Population
Census ACS
54
New listings
last month

Typical home value, last 13 months

What drives the score

Cheapness vs income48
Price-cut leverage36
Inventory growth33
Affordability48
Rent yield82

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 Palm Springs, FL (33461) a buyer's or seller's market?

By the Momentum Market Score, Palm Springs, FL (33461) reads balanced (48 out of 100), meaning it is neither side has a clear edge right now. The score blends value versus incomes, price cuts, inventory growth, affordability and rent yield.

What is the typical home value in Palm Springs?

About $308,152 (Zillow Home Value Index, 2026-08-22), up roughly 5.4% 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 33461

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

Active inventory in distress
0.43%
1 of 234 listings · short sale 1
Months of supply
7.0
buyer’s market · active inventory ÷ sales pace (trailing 12 mo)
Actives with a price cut
48.7%
median cut 10.0% off original price · 110 of 226 active listings
Out-of-state owners
10.2%
mailing address outside FL
Non-homestead
49.3%
not owner-occupied (investor/2nd-home proxy)
Median just value
$275,000
13,051 parcels
Median closed sale price — $285,000 · ▲ 0.6% yr (12-mo rolling)
Distress share trend — 0.43% now (2026-08-10 → 2026-08-24)

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. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

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