Momentum Housing Data · Home Values · Palm Beach County
Buying here? See Model Land Co homes for sale and the Model Land Co community guide (West Palm Beach).
Model Land Co (West Palm Beach, FL): 9 recorded closings in the 12 months ending 2026-09-20, a 15-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 98.2% of original asking; the median sale took 34 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $540,000 | $365 | 34 | 98.2% | 9 |
| 2025 | $403,000 | $339 | 22 | 94.3% | 5 |
| 2024 | $473,000 | $303 | 4 | 100.9% | 8 |
| 2023 | $385,000 | $272 | 37 | 93.5% | 13 |
| 2022 | $300,000 | $269 | 15 | 97.9% | 9 |
| 2021 | $319,000 | $234 | 23 | 95.2% | 8 |
| 2020 | $323,400 | $183 | 28 | 94.3% | 6 |
| 2019 | $275,000 | $171 | 122 | 94.7% | 7 |
| 2018 | $253,500 | $180 | 42 | 96.6% | 8 |
| 2017 | $208,900 | $164 | 21 | 92.9% | 9 |
| 2016 | $230,000 | $167 | 49 | 90.2% | 7 |
| 2015 | $147,750 | $125 | 6 | 97.8% | 4 |
| 2014 | $120,000 | $71 | 31 | 100.0% | 3 |
| 2013 | $53,500 | $94 | 125 | 82.2% | 5 |
| 2012 | $80,450 | $64 | 80 | 96.8% | 22 |
Over the recorded series, Model Land Co’s median sold price moved from $80,450 (2012) to $540,000 (12 months ending 2026-09-20) — +571% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $80,450. The 2020–22 run-up did what it did everywhere — Model Land Co’s median moved +9% from 2019 to 2022. Annual sales volume here has ranged from 3 to 22 closings a year (10-yr average 8.2). With roughly 8.2 closings a year, Model Land Co’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
Of the 20 recorded Model Land Co closings since 2024, half landed between $415,750 and $542,500 (the middle two quartiles); the lowest recorded sale was $310,000 and the highest $1,400,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $350,000 | 2 (10%) | |
| $350,000 – $533,333 | 12 (60%) | |
| $533,333 – $716,667 | 3 (15%) | |
| $716,667 – $900,000 | 1 (5%) | |
| None and up | 2 (10%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($373 vs $313) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 840–1,296 sq ft | $373 | $411,500 | $310,000 – $487,500 | 6 |
| Mid-size homes 1,344–1,682 sq ft | $353 | $488,000 | $350,835 – $550,000 | 6 |
| Larger homes 1,682–4,031 sq ft | $313 | $567,500 | $365,000 – $1,400,000 | 8 |
From the live MLS feed as of 2026-10-01: 7 active listings (plus 0 pending) asking from $1,716,000 to $7,228,000, median $2,871,000; 7 of 7 have been on the market over 60 days (median 126 days so far); the homes listed or recently sold were built between 1958 and 2015 (median 1974); 4 of 16 listed or recently sold homes report an HOA, median $3,443/mo; 2 state no HOA; 1 of 7 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 14 ft; the features listings here most often name are Elevator(s), Management, Parking, Manager On Site, Heated Pool and Security. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Model Land Co listings →
At Model Land Co’s $540,000 median and Palm Beach County’s adopted 18.72 mills (FY2025-26), a home assessed at that price carries roughly $10,110 a year in property tax before exemptions, or about $9,330 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Palm Beach County tax page.
Current asking prices run a median $2,871,000 against the $540,000 recorded sold median (+432%) — the gap between what sellers hope and what the record shows. The market is carrying about 9.3 months of supply at the current sales pace. Demand check: 0% of Model Land Co’s listings are under contract, against 25% for ZIP 33415 and 24% for Palm Beach County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Momentum’s market-heat index for Model Land Co reads 66/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
With asking prices running +432% over the recorded sold median, a Model Land Co listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Model Land Co are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| SOCIETY HILL CANNONGATE | $286,500 | $247 | 48 | 3 |
| Pipers Cay Condo | $296,750 | $215 | 117 | 4 |
| Cannongate 1 | $330,000 | $294 | 9 | 6 |
| Sky Ranch | $495,000 | $493 | 4 | 3 |
More Model Land Co: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
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. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.