33409 (West Palm Beach)
Housing Market & Home Values
Median sale price $189,320, down 8.4% year over year, with homes going under contract in about 67 days, 102 homes on the market.
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Housing Market Analyst
Inventory sits at 5.6 months of supply — balanced by the 3-to-6-month balanced benchmark, and 20% of listed homes are already under contract. Prices are down 8.4% versus the prior year, but sellers are still collecting 89.7% 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 buyers.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 20% of inventory sits under contract.
- Mortgage sensitivity — at 5.8× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 33409 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where 33409 is hot — and where it isn't
Each dot is a community (35 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 33409 (West Palm Beach)
The median sale price across 33409 currently stands at $189,320, down 8.4% from a year ago. Buyers are paying a median of $191 per square foot. The typical home goes under contract in about 67 days. Sellers are capturing 89.7% of their original asking price on average.
There are 102 active listings on the market, with 23 more already under contract. At the current sales pace that works out to 5.6 months of supply — roughly balanced conditions by the standard six-month benchmark. 216 homes closed here over the trailing 12 months.
Zillow's home value index for Palm Beach County stands at $474,416. 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 33409 is 36 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 October 3, 2026.
33409 since 2012 — and where it’s heading
A median home here sold for $47,391 in 2012 and $295,352 over the last recorded year — 523% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (12,558 recorded sales)
Days on market by year
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 33409
Top inbound states: NY, NJ, MA, CA. Movers arriving report ~$177,212 average income. Source: IRS SOI county-to-county migration, 2022-2023
18,387 Citizens policies in force in Palm Beach County — the state-backed insurer of last resort. Budget insurance into any Palm Beach purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
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
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in 33409 right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
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 | |
|---|---|---|---|---|
| 33409 ← this page | $189K | 102 | 36 | |
| 33446 | $392K | 212 | 50 | Open → |
| 33433 | $470K | 200 | 52 | Open → |
| 33435 | $298K | 198 | 40 | Open → |
| 33418 | $850K | 188 | 65 | Open → |
| 33484 | $175K | 186 | 43 | Open → |
Neighborhoods on the move
| Saratoga PointeWest Palm Beach | $600K | ▲ 14% |
| Bear IslandWest Palm Beach | $632K | ▲ -0% |
| Village Of Sandalwood Lakes SouthWest Palm Beach | $258K | ▲ -4% |
| Palm Club Village Ii CondoWest Palm Beach | $189K | ▲ -8% |
| Palm Club Village I CondoWest Palm Beach | $204K | ▲ -9% |
| Northwood AddWest Palm Beach | $542K | ▼ 16% |
| Village Of Sandalwood LakWest Palm Beach | $236K | ▼ 16% |
| Palm Beach Place CondoWest Palm Beach | $184K | ▼ 11% |
| Palm Club Village I CondoWest Palm Beach | $204K | ▼ 9% |
| Palm Club Village Ii CondoWest Palm Beach | $189K | ▼ 8% |
| Northwood AddWest Palm Beach | $542K | 19 |
| Village Of Sandalwood LakWest Palm Beach | $236K | 9 |
| Emerald Isle At Laguna Lakes CondoWest Palm Beach | $165K | 6 |
| Palm Club Village Ii CondoWest Palm Beach | $189K | 6 |
| Palm Beach Place CondoWest Palm Beach | $184K | 5 |
| Village Of Sandalwood Lakes SouthWest Palm Beach | $258K | 7 days |
| Palm Club Village Ii CondoWest Palm Beach | $189K | 34 days |
| Saratoga PointeWest Palm Beach | $600K | 37 days |
| Northwood AddWest Palm Beach | $542K | 42 days |
| Bear IslandWest Palm Beach | $632K | 62 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33409 right now?
The data says conditions currently favor buyers in 33409 — the Momentum Score reads 36/100 with 5.6 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.
Is 33409 becoming more affordable?
Yes, modestly — the median sale price in 33409 is $189,320, down 8.4% versus the prior year, while sellers still capture 89.7% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in 33409?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Northwood Add (-16%); Village Of Sandalwood Lak (-16%); Palm Beach Place Condo (-11%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 33409 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Village Of Sandalwood Lakes South (7 days); Palm Club Village Ii Condo (34 days); Saratoga Pointe (37 days) — homes there go under contract well ahead of the market-wide pace of 67 days.
33409 (West Palm Beach) housing market FAQ
How is the housing market in 33409 right now?
As of October 3, 2026, the 33409 housing market favors buyers: the median sale price is $189,320 (down 8.4% year over year), 102 homes are for sale against 216 sales in the last 12 months, which is 5.6 months of supply, and the typical home goes under contract in about 67 days.
How much is a house in 33409?
The median home sold for $189,320 in 33409 over the last 12 months, about $191 per square foot; asking prices on the 102 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 33409?
By the numbers, sellers in 33409 are getting 89.7% of asking price and going under contract in about 67 days with 5.6 months of supply. Under four months of supply generally favors sellers; 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 33409 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 33409 median sale prices are down 8.4% year over year, inventory stands at 5.6 months of supply, and 20% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 33409?
The median sale price in 33409 is currently $189,320, down 8.4% from a year ago, based on MLS sales data updated October 3, 2026.
Is 33409 a buyer's or seller's market right now?
The data currently favors buyers. 33409 scores 36 of 100 on the Momentum Score, with 5.6 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 33409?
The typical home in 33409 goes under contract in about 67 days, per current MLS data.
How many homes are for sale in 33409?
There are approximately 102 active listings in 33409 as of October 3, 2026.
Are home prices in 33409 rising or falling?
Median sale prices are down 8.4% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 33409 (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 live listing counts refreshed twice daily; 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: October 3, 2026 at 11:31 AM 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.