Homewood 4Th Add
Homes for Sale in West Palm Beach, FL

Community in West Palm Beach · Palm Beach County
Median sale $922K
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Built fromLive Beaches MLS data13 years of closingsUpdated twice daily
Live · Homewood 4Th Add Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$922K
Median sold · 12 mo
$650/sf
Sold $/sqft · 12 mo
peak $650 in 2026
94.7%
Sale vs ask
Palm Beach median: 97.7%
Tempo
17days
Median DOM · closed
2 days at the 2020 low
6
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 13 years of records
1,334sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Homewood 4th Add is a small, low-inventory pocket in West Palm Beach commanding a median price of $922,500 and $649.50 per square foot. With only six closings in the six-month window, this is a thin market—prices are set by condition and location within the neighborhood, not predictable comps. The seventeen-day median time on market tells you listings move when priced right, but sample size means one renovation or one holdout can skew the picture significantly.

For buyers, this is an environment where you'll compete quickly on the rare well-presented home; for sellers, pricing discipline matters more than usual because there's little room for correction before you sit. The lack of identified amenities means value here is driven by the address, the parcel, and proximity to broader West Palm Beach assets—not clubhouse perks or a community brand.

The 60-Second Overview

Homewood 4Th Add market snapshot (as of July 15, 2026): the median sale price is about $922K ($650 per sq ft over the trailing 12 months of closed sales), and a median 17 days on market for closed sales.

Homewood 4th Add is a low-volume enclave in West Palm Beach where inventory turns over infrequently and pricing reflects individual property attributes more than neighborhood norms.

Best for

  • Buyers prioritizing West Palm Beach location and willing to evaluate each home as a unique asset
  • Investors or owner-occupants comfortable with renovation and longer hold periods
  • Buyers who value mature neighborhoods and lot character over new construction or resort amenities

Probably not for

  • Buyers requiring community pools, clubs, or organized social infrastructure
  • First-time buyers needing abundant comps and predictable resale data
  • Anyone counting on quick liquidity or a uniform product across multiple available listings

Windows contain 1 to 8 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$250K$500K$750K$1M2014201620182020202220242026
Every sale since 2013 · price vs size
$0$1M$2M1k2k2k2k
39 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$400$6002014201620182020202220242026
Up from $168 in 2013 to a $650 peak in 2026; $650 now.
Median days on market · closed sales
020402014201620182020202220242026
2 days at the 2020 low; 17 now.
Sale price vs original ask · median
92%94%96%98%2014201620182020202220242026
94.7% now vs Palm Beach 97.7%.
Homes sold per 12-mo window
02582014201620182020202220242026
1 to 8 a year; 6 in the current window.

If we were buying in Homewood 4Th Add today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Homewood 4Th Add.

Best Buy
Buyers seeking an established West Palm location who can evaluate homes on individual merit and move decisively.
Biggest Risk
Thin transaction history makes pricing and resale timing harder to predict; you're buying an address, not a package.
Sweet Spot
Buyers with renovation budgets and patience who value location and lot over turnkey condition.
Avoid If
You need community amenities, predictable comps, or guaranteed liquidity on a tight timeline.

Price, pace, and the reality of thin inventory

Six closings across six months is not enough to draw confident trend lines, but it does tell you this: Homewood 4th Add is not a subdivision where five similar homes hit the market every week. The median close at $922,500 reflects West Palm Beach pricing pressure and the scarcity premium that comes with established, finite neighborhoods. Per-square-foot pricing at $649.50 is consistent with older-stock markets where lot, layout, and updates drive the number more than a floor-plan menu.

The seventeen-day median DOM suggests properly priced homes attract attention quickly—but in a sample this small, that figure can swing wildly quarter to quarter. There are no community amenities flagged in current listings, so this is a location play: walkability, proximity to downtown or the Intracoastal, mature landscaping, or parcel size. Buyers here are typically making a neighborhood bet, not a resort-community lifestyle purchase.

For sellers, the advice is stark: price to condition and let the market decide. Overreach and you'll wait; nail it and you'll move in weeks. For buyers, be ready to act and bring a contractor's eye—what you're buying is the land and location, and the home's state will determine whether the median means anything to your deal.

The location and the amenities are priced into every listing in Homewood 4Th Add. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin markets reward agents who know how to read between the comps and counsel you honestly when a property is overpriced or underbuilt. Momentum brings decades of Northeast Florida and Southeast market experience, the negotiation composure to handle quick-turn situations, and the candor to tell you when a deal in Homewood 4th Add makes sense—and when it doesn't. We work for clarity, not just commission.

Homewood 4Th Add in 15 seconds.

Best forBuyers seeking an established West Palm location who can evaluate homes on individual merit and move decisively.
Biggest advantageLow inventory and quick absorption create less competition per listing than higher-volume markets.
Biggest riskThin transaction history makes pricing and resale timing harder to predict; you're buying an address, not a package.
Sweet spotBuyers with renovation budgets and patience who value location and lot over turnkey condition.
Avoid ifYou need community amenities, predictable comps, or guaranteed liquidity on a tight timeline.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Homewood 4Th Add sales matched to your home.

What is your Homewood 4Th Add home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Homewood 4Th Add?
The median sale price in Homewood 4Th Add was $922K over the 12 months ending July 15, 2026 (6 closed sales, Beaches MLS).
How long do homes in Homewood 4Th Add take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 17 days on market (6 sales, Beaches MLS).
Who is the best real estate agent for Homewood 4Th Add?
The best agent for Homewood 4Th Add is one who actively works West Palm Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Homewood 4Th Add.
How do I find a top West Palm Beach real estate agent who knows Homewood 4Th Add?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Homewood 4Th Add and the wider West Palm Beach area.
Can Momentum Realty connect me with an agent for Homewood 4Th Add?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Homewood 4Th Add purchase or sale - no call center and no pressure.
Buyers prioritizing West Palm Beach location and willing to evaluate each home as a unique assetExcellent fit
Investors or owner-occupants comfortable with renovation and longer hold periodsExcellent fit
Buyers who value mature neighborhoods and lot character over new construction or resort amenitiesExcellent fit
Buyers requiring community pools, clubs, or organized social infrastructureProbably not
First-time buyers needing abundant comps and predictable resale dataProbably not
Anyone counting on quick liquidity or a uniform product across multiple available listingsProbably not

Data sources & freshness

Community market statsBeaches MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesBeaches MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2013 (39 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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