33417 (West Palm Beach)
Housing Market
Median sale price $450,000, down 7.6% year over year, with homes going under contract in about 46 days, 12 homes on the market.
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Housing Market Analyst
Inventory sits at 2.7 months of supply — tight by the 3-to-6-month balanced benchmark, and 47% of listed homes are already under contract. Prices are down 7.6% versus the prior year, but sellers are still collecting 94.1% of asking. Taken together, the data points to a seller-leaning market.
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 sellers.
- Prices — more likely to stabilize than fall sharply. Supply remains below balanced levels even as prices soften; without a meaningful inventory build, further declines tend to be shallow.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 47% 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 33417 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 33417 (West Palm Beach)
The median sale price across 33417 currently stands at $450,000, down 7.6% from a year ago. Buyers are paying a median of $223 per square foot. The typical home goes under contract in about 46 days. Sellers are capturing 94.1% of their original asking price on average.
There are 12 active listings on the market, with 16 more already under contract. At the current sales pace that works out to 2.7 months of supply — a seller-leaning market by the standard six-month benchmark. 54 homes closed here over the trailing 12 months.
Zillow's home value index for Palm Beach County stands at $474,780. About 22% 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 33417 is 65 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 31, 2026.
33417 since 2012 — and where it’s heading
A median home here sold for $194,600 in 2012 and $424,468 over the last recorded year — 118% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (910 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 33417
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.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
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 | |
|---|---|---|---|---|
| 33417 ← this page | $450K | 12 | 65 | |
| 33418 | $850K | 98 | 67 | Open → |
| 33437 | $448K | 83 | 65 | Open → |
| 33414 | $872K | 68 | 49 | Open → |
| 33458 | $850K | 68 | 69 | Open → |
| 33432 | $1.10M | 61 | 41 | Open → |
Neighborhoods on the move
| CYPRESS LAKESWest Palm Beach | $322K | ▲ 9% |
| CASCADE LAKESBoynton Beach | $450K | ▲ -14% |
| CASCADE LAKESBoynton Beach | $450K | ▼ 14% |
| CYPRESS LAKESWest Palm Beach | $322K | ▼ 9% |
| CASCADE LAKESBoynton Beach | $450K | 6 |
| SUGARLOAF 45SMinneola | $446K | 4 |
| CYPRESS LAKESWest Palm Beach | $322K | 2 |
| SUGARLOAF 45SMinneola | $446K | 5 days |
| CYPRESS LAKESWest Palm Beach | $322K | 54 days |
| CASCADE LAKESBoynton Beach | $450K | 65 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33417 right now?
The data says conditions currently favor sellers in 33417 — the Momentum Score reads 65/100 with 2.7 months of supply. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 33417 becoming more affordable?
Yes, modestly — the median sale price in 33417 is $450,000, down 7.6% versus the prior year, while sellers still capture 94.1% 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 33417?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are CASCADE LAKES (-14%); CYPRESS LAKES (9%). 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 33417 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are SUGARLOAF 45S (5 days); CYPRESS LAKES (54 days); CASCADE LAKES (65 days) — homes there go under contract well ahead of the market-wide pace of 46 days.
33417 (West Palm Beach) housing market FAQ
What is the median home price in 33417?
The median sale price in 33417 is currently $450,000, down 7.6% from a year ago, based on MLS sales data updated August 31, 2026.
Is 33417 a buyer's or seller's market right now?
The data currently favors sellers. 33417 scores 65 of 100 on the Momentum Score, with 2.7 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 33417?
The typical home in 33417 goes under contract in about 46 days, per current MLS data.
How many homes are for sale in 33417?
There are approximately 12 active listings in 33417 as of August 31, 2026.
Are home prices in 33417 rising or falling?
Median sale prices are down 7.6% 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 33417 (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: August 31, 2026 at 7:34 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.