33406 (West Palm Beach)
Housing Market & Home Values
Median sale price $306,000, with homes going under contract in about 59 days, 8 homes on the market.
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Housing Market Analyst
Inventory sits at 5.1 months of supply — balanced by the 3-to-6-month balanced benchmark, and 30% of listed homes are already under contract. sellers are still collecting 90.1% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 30% of inventory sits under contract.
- Mortgage sensitivity — at 5.7× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 33406 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 33406 (West Palm Beach)
The median sale price across 33406 currently stands at $306,000. Buyers are paying a median of $239 per square foot. The typical home goes under contract in about 59 days. Homes are selling for about 90.1% of their original asking price.
There are 8 active listings on the market, with 1 more already under contract. With 19 closed sales over the trailing 12 months (8 listings divided by 19 / 12), that works out to 5.1 months of supply — roughly balanced conditions by the 3-to-6-month balanced band.
Zillow's home value index for Palm Beach County stands at $475,754. About 21% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 33406 is 43 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of November 12, 2026.
Where the market is heading
Home value trend · Palm Beach County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Palm Beach County (MLS)
Median price · daily recalculation
What’s driving 33406
Top inbound states: NY, NJ, MA, CA. Movers arriving report ~$177,212 average income. Source: IRS SOI county-to-county migration, 2022-2023
70,672 Citizens personal-lines policies in Palm Beach County; average premium $3,539 before the 2026 change, $3,255 after (-8.0%). Citizens is the state-backed insurer of last resort; budget insurance into any Palm Beach purchase. Source: Citizens Property Insurance Corporation, 2026 Approved Rate Changes by County (ALL PERSONAL LINES COMBINED table).
2,495 single-family · 1,733 multi-family · 2.8 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Palm Beach
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 33406 ← this page | $306K | 8 | 43 | |
| 33435 | $316K | 84 | 25 | Open → |
| 33484 | $143K | 79 | 40 | Open → |
| 33411 | $530K | 70 | 46 | Open → |
| 33433 | $475K | 57 | 50 | Open → |
| 33446 | $304K | 56 | 45 | Open → |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33406 right now?
The data says conditions currently favor buyers in 33406 — the Momentum Score reads 43/100 with 5.1 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
33406 (West Palm Beach) housing market FAQ
How is the housing market in 33406 right now?
As of November 12, 2026, the 33406 housing market is roughly balanced: the median sale price is $306,000, 8 homes are for sale against 19 sales in the last 12 months, which is 5.1 months of supply, and the typical home goes under contract in about 59 days.
How much is a house in 33406?
The median home sold for $306,000 in 33406 over the last 12 months, about $239 per square foot; asking prices on the 8 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in 33406?
By the numbers, sellers in 33406 are getting 90.1% of asking price and going under contract in about 59 days with 5.1 months of supply. Under three months of supply generally favors sellers, three to six is balanced, and over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the median home price in 33406?
The median sale price in 33406 is currently $306,000, based on MLS sales data updated November 12, 2026.
Is 33406 a buyer's or seller's market right now?
The data currently is roughly balanced. 33406 scores 43 of 100 on the Momentum Score, with 5.1 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 33406?
The typical home in 33406 goes under contract in about 59 days, per current MLS data.
How many homes are for sale in 33406?
There are approximately 8 active listings in 33406 as of November 12, 2026.
Momentum agents use this intelligence every day to price listings and write winning offers across 33406 (West Palm Beach). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use the MLS listing counts from the last data refresh (date below); the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: November 12, 2026 at 5:37 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.
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