West Palm Beach housing market data

Palm Beach County. Monthly medians of closed residential sales, computed from MLS records licensed by Momentum Realty. Latest complete month: 2026-08.

West Palm Beach coverage

Data Analysis

Redfin counts 623 homes sold in the city of West Palm Beach over the three months ending June 2026, up 39.0% year over year, with the median sale price rising 5.9% to $499,678.

Homes took a median of 87 days to sell in the city over the period, two days longer than a year earlier, per Redfin. Nearly three in ten listings took a price cut, though that share fell 7.6 points year over year.

August 26, 2026

Data Analysis

West Palm Beach sellers closed at a median 94.1% of original asking in July 2026.

August 23, 2026

Data Analysis

Homes in West Palm Beach took a median 44 days to go under contract in July 2026 — 7 days shorter than a year ago.

August 22, 2026

Data Analysis

Closed sales in West Palm Beach rose 16.1% from a year earlier.

August 24, 2026

Data Analysis

Home insurance rates fell in 51 of 67 Florida counties this year.

August 23, 2026

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The market in context

These come from outside sources, not from our MLS records. We keep them separate so you can see where an independent series agrees with ours and where it does not.

Buyers and sellers

Redfin publishes a monthly estimate of buyers and a count of sellers, active listings, for this metro, through 2026-07. The buyer line is a Redfin model estimate, not a count. These figures are Redfin's, not computed from our MLS feeds.

Redfin's latest estimate for the West Palm Beach metro puts 14,845 active sellers against roughly 8,233 buyers in the market, about 1.8 sellers for every buyer. A year ago the ratio was 2.2 to one, so the balance has moved back toward sellers. The seller line is counted listings; the buyer line is Redfin's model estimate, so treat the level as directional and the trend as the signal.

Homes for sale and homes going under contract

Both lines are counted from Redfin's county file: active listings, and pending sales, contracts signed that month. Neither is an estimate of buyers. The chart's source line carries the latest month in the file. These figures are Redfin's, not computed from our MLS feeds.

In 2026-07, 14,616 homes were listed for sale across the West Palm Beach market and 2,442 went under contract. A year earlier the counts were 16,010 and 2,154, so homes for sale are down 8.7% and contracts are up 13.4% over twelve months. Fewer homes and more contracts is the shape of a market tightening toward sellers.

What renters are asked to pay

Typical ASKED rent for units listed on Zillow (Zillow Observed Rent Index), by county, monthly. Asking rent is what new listings seek, not what sitting tenants pay; renewals are invisible to it. These figures are Zillow's, not computed from our MLS feeds.

Palm Beach asks $2,648, +2.9% in a year and 64% above 2019 levels. Asking rent describes new listings, not renewals, so a flat or falling line here reaches sitting tenants slowly and shows up first in concessions on new leases.

Every metric