Village Of Sandalwood Lak
Homes for Sale in West Palm Beach, FL

Community in West Palm Beach · Palm Beach County
Median sale $235K
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Live Market Pulse
28/100
Market Heat
Cooler than normal
2019 → 2026 · 87 at the 2022 peak
0 is Village Of Sandalwood Lak's coldest market since 2019, 100 its hottest. Today: 28. How it's scored
Built fromLive Beaches MLS data15 years of closingsUpdated twice daily
Live · Village Of Sandalwood Lak Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$235K
Median sold · 12 mo
down 17.2% vs the prior 12 months
-17.2%
1-yr price change
n = 8 and 12 sales in the two windows
$190/sf
Sold $/sqft · 12 mo
peak $248 in 2024
88.0%
Sale vs ask
Palm Beach median: 97.3%
Tempo
34days
Median DOM · closed
17 days at the 2018 low
8
Sold · last 12 mo
10-yr average: about 8 a year
Track record · 15 years of records
1,236sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Village Of Sandalwood Lak sits in the dense West Palm Beach market where price is set almost entirely by condition and finished square footage. At a median of $235K and roughly $190 per square foot, you're buying into one of the county's most affordable enclaves—but the trade is age, deferred maintenance on some stock, and amenity minimalism. The eight closings recorded over the measurement window and a median 34 days on market tell you this isn't a feeding frenzy, but inventory does move when priced correctly.

The 17.2 percent year-over-year decline is the headline number, and it reflects both broader Palm Beach County recalibration and the reality that older communities without master-plan amenities give up price faster when rates climb. For buyers, that contraction is opportunity if you can see past cosmetic need. For sellers, it means staging and pre-listing work matter more than they did a year ago, and days-on-market discipline is non-negotiable.

Village Of Sandalwood Lak Housing Pulse · Momentum Research · as of July 15, 2026

Village Of Sandalwood Lak right now

🔴 Off the recent peak. The trailing-12-month median ($235K) is down 17.2% from the prior 12 months ($284K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Medium (8 and 12 sales in the two windows).

What's unique here: the median sale price is about 49% below the typical Palm Beach County sale ($235K vs $460K, trailing 12 months, Beaches MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Village Of Sandalwood Lak market snapshot (as of July 15, 2026): the median sale price is about $235K ($190 per sq ft over the trailing 12 months of closed sales), and a median 34 days on market for closed sales. The trailing-12-month median is down 17% from the prior 12 months, computed from record-level Beaches MLS closed sales (8 closings in the current window).

Village Of Sandalwood Lak is an older West Palm Beach neighborhood trading on value and location over amenities or curb drama—homes here require due diligence on condition and deferred systems.

Best for

  • First-time buyers with skilled trades access or DIY capability who can afford the median price and budget another 10–20 percent for catch-up systems work.
  • Investors targeting cash-flow rental or fix-and-flip arbitrage in the sub-$250K Palm Beach County segment with exit discipline.
  • Downsizers or retirees seeking low-cost West Palm Beach proximity who will hire out deferred work and prioritize monthly payment over resort amenities.

Probably not for

  • Buyers expecting master-plan pools, clubhouses, or managed landscaping—none of that infrastructure exists here.
  • Anyone needing move-in-ready condition or unwilling to immediately budget for roof, HVAC, or plumbing contingencies common in older stock.
  • Equity-growth-focused buyers counting on near-term appreciation in a segment that just posted a 17 percent annual decline and lacks the amenity tailwinds that drive recovery.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($235K) IS the median in the snapshot above, and the move from 2025 ($284K) IS the -17.2% one-year change.

Windows contain 0 to 15 sales each (8 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
$100K$200K$300K20122014201620182020202220242026
Down 17.2% year over year.
Every sale since 2011 · price vs size
$0$100K$200K$300K1k1k1k
89 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $69 in 2012 to a $248 peak in 2024; $190 now.
Median days on market · closed sales
25507510020122014201620182020202220242026
17 days at the 2018 low; 34 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
88.0% now vs Palm Beach 97.3%.
Homes sold per 12-mo window
05101520122014201620182020202220242026
0 to 15 a year; 8 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
87 at the 2022 peak, 28 in the troughs, 28 now. Same score as the hero card, full history.

If we were buying in Village Of Sandalwood Lak 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 Village Of Sandalwood Lak.

Best Buy
Buyers chasing West Palm Beach location on a tight budget who can handle deferred maintenance or scope a value-add renovation.
Biggest Risk
The 17 percent annual decline and minimal amenities mean resale depends entirely on your renovation execution and the next buyer's tolerance for older stock.
Sweet Spot
Cash or renovation-loan buyers with contractor relationships and reserve capital who can buy on condition, not comparable sales.
Avoid If
You need turnkey condition, master-plan amenities, or predictable HOA-managed exteriors and common areas.

The afford‑it‑now play

This is a community for buyers who prioritize West Palm Beach access and monthly payment over resort-style living. No identified master amenities means no HOA premium eating into your housing budget, but it also means you're self-reliant for recreation and the home itself becomes your entire investment story. The median close at $235K puts you well below county norms, which is why cash buyers and investors show up alongside first-timers willing to renovate.

The median 34 days on market is neither hot nor stalled—it's a negotiation window. Condition drives everything here; updated units move faster and command tighter pricing, while deferred-maintenance listings sit and eventually concede on price or terms. The per-square-foot median of roughly $190 gives you a benchmark, but use it as a starting gate, not a ceiling or floor—what you actually pay will hinge on roof age, HVAC, flooring, and kitchen state.

The 17 percent year-over-year price drop is real and it changes the buyer-seller dynamic. Sellers who haven't adjusted expectations will chase the market down; those who price to condition and present clean title and inspection reports will still transact. Buyers gain leverage but inherit the due-diligence burden—pre-offer home inspections and reserve budget for deferred capital spend are not optional in a community at this price point and age profile.

The location and the amenities are priced into every listing in Village Of Sandalwood Lak. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Village Of Sandalwood Lak rewards the prepared buyer and punishes the hopeful one. Momentum brings pre-listing condition intelligence, contractor networks for pre-close estimates, and the negotiation posture to walk away from a deal that looks cheap until you price the catch-up work. We know which West Palm Beach inspectors will tell you the truth about fifty-year-old plumbing, and we know how to comp condition-adjusted value when the photos all look the same. If you're selling, we'll tell you honestly what pre-market investment pays back and what doesn't—and we'll stage and price to the buyer who actually closes here, not the one you wish would.

Village Of Sandalwood Lak in 15 seconds.

Best forBuyers chasing West Palm Beach location on a tight budget who can handle deferred maintenance or scope a value-add renovation.
Biggest advantageThe median price of $235K opens ownership in a Palm Beach County city where most inventory sits far higher.
Biggest riskThe 17 percent annual decline and minimal amenities mean resale depends entirely on your renovation execution and the next buyer's tolerance for older stock.
Sweet spotCash or renovation-loan buyers with contractor relationships and reserve capital who can buy on condition, not comparable sales.
Avoid ifYou need turnkey condition, master-plan amenities, or predictable HOA-managed exteriors and common areas.

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 Village Of Sandalwood Lak sales matched to your home.

What is your Village Of Sandalwood Lak home worth?

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Recent Developments in Village Of Sandalwood Lak

Development, infrastructure, retail, and school activity affecting Village Of Sandalwood Lak, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  1. July 2026
    Market

    Palm Beach County Total Home Sales Jump for 10th Consecutive Month

    Palm Beach County total home sales rose 22.3% year-over-year in June 2026 to 2,456 transactions, with total dollar volume up 53.90% to $2.7 billion. The single-family median sale price increased to $700,000 and the condominium median rose to $325,000.

    What it may mean for the marketRising sales volume and median prices signal strengthening demand and higher valuations across the Palm Beach County housing market. The site is about 6 miles north of Village Of Sandalwood Lak.

    Source: MIAMI REALTORS
  2. July 2026
    Development

    The Berkeley Palm Beach Breaks Ground at 550 South Australian Avenue in West Palm Beach

    The Berkeley Palm Beach broke ground on a 25-story tower with 193 condominium residences at 550 South Australian Avenue overlooking Clear Lake, developed by Al Adelson with Arquitectonica as designer. Sales have exceeded $120 million and completion is anticipated in 2029.

    What it may mean for the marketA new 25-story condominium tower adds high-end for-sale housing supply to the downtown West Palm Beach market and continues vertical development along the Clear Lake waterfront. The project is about 5 miles north of Village Of Sandalwood Lak, elsewhere in Palm Beach County.

    Source: Florida YIMBY
  3. June 2026
    Development

    Developers Plan Two 31-Story Towers for 2085 N Flagler Dr, West Palm Beach

    Terra and BH Group filed plans for 281 residential condominiums across two 31-story towers on a 1.55-acre site at 2085 N Flagler Drive in West Palm Beach. The nearly 440,000-square-foot project includes about 4,385 square feet of retail and 362 parking spaces.

    What it may mean for the marketTwo proposed 31-story towers would add for-sale condominium supply and ground-floor retail along the North Flagler Drive waterfront in West Palm Beach. The project is about 7 miles north of Village Of Sandalwood Lak, elsewhere in Palm Beach County.

    Source: Florida YIMBY
  4. June 2026
    Development

    Alton Delray in Delray Beach Breaks Ground with $92 Million Construction Loan

    Kolter Multifamily broke ground on Alton Delray, a 386-unit multifamily community across six-story buildings on a 12.31-acre former industrial site at 2101 S. Congress Avenue, backed by a $92 million construction loan from Madison Realty Capital. The plan includes 154 workforce housing units under Florida's Live Local Act and 232 market-rate units, with delivery expected in late 2027.

    What it may mean for the marketA 386-unit rental community converts a former industrial parcel into new multifamily supply on the Congress Avenue corridor and adds workforce and market-rate housing to the Delray Beach market. The project is about 13 miles south of Village Of Sandalwood Lak, elsewhere in Palm Beach County.

    Source: Florida YIMBY
  5. June 2026
    Development

    300-Unit 'The Pierce' Slated for Summer Groundbreaking at 115 N. Federal Highway, Boynton Beach

    Affiliated Development's The Pierce, a mixed-use project with 300 apartments and 17,015 square feet of retail at 115 N. Federal Highway in downtown Boynton Beach, is slated to start construction in summer 2026. The unit mix includes 150 market-rate apartments and 150 workforce housing units for households earning 80 to 120% of area median income, with 587 parking spaces.

    What it may mean for the marketA 300-unit mixed-use project adds rental housing and retail to downtown Boynton Beach and advances redevelopment along the North Federal Highway corridor. The project is about 8 miles south of Village Of Sandalwood Lak, elsewhere in Palm Beach County.

    Source: Florida YIMBY
  6. May 2026
    Development

    25-Story Mixed-Use Tower to Feature Workforce Housing at 120 S Dixie Hwy, West Palm Beach

    Developer Jeff Greene proposed a 25-story tower with 399 apartments at 120 S Dixie Highway in downtown West Palm Beach, with about 160 units set aside for households earning at or below 120% of area median income. The plan includes 7,550 square feet of retail and 236 parking spaces and was reviewed by the city's Plans and Plats Review Committee on May 14.

    What it may mean for the marketA proposed 25-story mixed-use tower would add rental housing, including income-restricted units, plus retail space to the downtown West Palm Beach market on the South Dixie Highway corridor. The project is about 5 miles north of Village Of Sandalwood Lak, elsewhere in Palm Beach County.

    Source: Florida YIMBY

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

What is the median home price in Village Of Sandalwood Lak?
The median sale price in Village Of Sandalwood Lak was $235K over the 12 months ending July 15, 2026 (8 closed sales, Beaches MLS).
How long do homes in Village Of Sandalwood Lak take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 34 days on market (8 sales, Beaches MLS).
Who is the best real estate agent for Village Of Sandalwood Lak?
The best agent for Village Of Sandalwood Lak 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 Village Of Sandalwood Lak.
How do I find a top West Palm Beach real estate agent who knows Village Of Sandalwood Lak?
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 Village Of Sandalwood Lak and the wider West Palm Beach area.
Can Momentum Realty connect me with an agent for Village Of Sandalwood Lak?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Village Of Sandalwood Lak purchase or sale - no call center and no pressure.
First-time buyers with skilled trades access or DIY capability who can afford the median price and budget another 10–20 percent for catch-up systems work.Excellent fit
Investors targeting cash-flow rental or fix-and-flip arbitrage in the sub-$250K Palm Beach County segment with exit discipline.Excellent fit
Downsizers or retirees seeking low-cost West Palm Beach proximity who will hire out deferred work and prioritize monthly payment over resort amenities.Excellent fit
Buyers expecting master-plan pools, clubhouses, or managed landscaping—none of that infrastructure exists here.Probably not
Anyone needing move-in-ready condition or unwilling to immediately budget for roof, HVAC, or plumbing contingencies common in older stock.Probably not
Equity-growth-focused buyers counting on near-term appreciation in a segment that just posted a 17 percent annual decline and lacks the amenity tailwinds that drive recovery.Probably 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 2011 (89 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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