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Dynamic.RE · SFR Market Intelligence

West Palm Beach, Florida Housing Market

Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.

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Data through
Sep 2026
Dynamic.RE Verdict
Balanced Market
Neither side has the edge. We compare West Palm Beach with 2017–2019 at this time of year: there are 29 pending sales per 100 listings, against 47 then; listings spend 10% more days on the market; 15% of sellers have cut their price, against 16% then.
Median list price
$391,284
-0.8%
Demand : Supply
0.29
Days on market
85 days
Median time on market

The median asking price in West Palm Beach is about $391,000 as of Sep 2026, down 0.8% from a year ago. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).

Only on the right house. Neither side has the upper hand in West Palm Beach right now. West Palm Beach is close to its 2017–2019 normal for this time of year. The market will not hand you a discount. You have to find it in one specific listing.

01
The market at a glance
Median $ / sqft
$350
Active inventory
2,332
New listings / mo
634
Days on market
85 days
Price-cut share
15.0%
Pending sales
686
02
Where we are in the cycle
Median asking price
$391,284
24% below the Nov 2023 peak of $514K
Homes for sale
2,332
3.8× the Feb 2022 low of 614
Days on market
85 days
3.0× the 29-day Mar 2022 low
03
The renter economy
40%
Renter share · of occupied homes
14.0%
Vacant homes · all units
$74.0K
Median household income
7.4×
Price-to-income · list ÷ income
04
What this means for investors

What stands out in West Palm Beach?

  • Homes for sale are down 16% on last year: among the sharpest inventory declines of 765 tracked cities. Supply is shrinking, which shifts leverage to sellers.
  • Listings spend a median 85 days on the market: among the longest times on market of 765 tracked cities. Stale listings are common. Sellers who have waited are open to offers.

What moves the numbers in West Palm Beach?

West Palm Beach asking prices per square foot were above the year before in 72% of months since the data starts. Within a year, the cheapest and priciest months differ by about 6.0%. That is bigger than the yearly trend, so timing your purchase matters here. Nothing in West Palm Beach's numbers is far from its own normal. Your return comes from the property and the price you negotiate.

Is now a good time to buy in West Palm Beach?

The median asking price is 23.8% below its Nov 2023 peak. Per square foot the gap is smaller: 18.1% below the Dec 2023 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. West Palm Beach prices have risen in 80 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

When do West Palm Beach prices dip?

Across 9 full years, West Palm Beach asking prices ran lowest in May, about 2.5% below the year's average. They peaked in November. The most homes for sale show up in January, about 4% above the yearly average. Shop in January for choice, and expect the softest asking prices in May.

How much can you negotiate in West Palm Beach?

For every 100 homes still for sale, 29 are under contract. In 2017–2019 at this time of year it was 47. The rest are still waiting for a buyer. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing.

West Palm Beach listings spend a median 85 days on the market. That is 6% shorter than a year ago. There are 2,332 homes for sale in West Palm Beach. That is 3.8 times the tightest month on record, but below the peak of 3,170. Supply is shrinking against last year.

What to do about it

  • Start in 33404, 33413, and 33417, where sellers are weakest: in 33404, 15% of sellers have cut and listings spend a median 110 days on the market.
  • Look for listings older than 90 days with a price cut.

How does West Palm Beach compare with other Florida markets?

Ranked among the 52 Florida markets we track:

  • Asking price: 25th priciest of 52. West Palm Beach is at $391,284. Closest: Fort Lauderdale and Port Orange.
  • Buyer competition: 20th least competitive of 43. West Palm Beach is at 0.29 buyers per home. Closest: Boca Raton and Homestead.
  • Time on market: 15th longest time on market of 52. West Palm Beach is at a median of 85 days on market. Closest: Wellington and Daytona Beach.
  • Price cuts: 7th fewest price cuts of 52. West Palm Beach is at 15% of sellers cutting. Closest: Deerfield Beach and Jupiter.

What numbers should you underwrite a West Palm Beach deal with?

  • Price growth to assume — +4.1%/yr. West Palm Beach grew 6.3% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, West Palm Beach grows about 4.1% a year. That is the number to type in. Prices rose 0.9% over the last year. Use it for timing. The five-year rate is the better guide.
  • Months of carrying cost — 3. Budget at least 85 days of holding costs, the current median time on market, when you exit or refinance.
  • Odds you cut your price to sell — 1 in 7. 15% of West Palm Beach listings have cut their asking price. Underwrite your exit below asking.
  • Competition when you exit — -16%. Homes for sale in West Palm Beach are down 16% on last year, so your resale faces less competition than today's comps did.

Read how rent-to-price works and how we read these numbers, then run the numbers on a deal.

05
Frequently asked questions

What is the median home price in West Palm Beach?

The median asking price in West Palm Beach is about $391,000 as of Sep 2026, down 0.8% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our West Palm Beach figures cover the 17 ZIP codes with a West Palm Beach mailing address, which can reach past city limits.

Is West Palm Beach a buyer's or seller's market in 2026?

Neither side has the upper hand in West Palm Beach right now. We compare West Palm Beach with 2017–2019 at this time of year: there are 29 pending sales per 100 listings, against 47 then; listings spend 10% more days on the market; 15% of sellers have cut their price, against 16% then.

Are West Palm Beach home prices going up or down?

The median asking price is 23.8% below its Nov 2023 peak. Per square foot the gap is smaller: 18.1% below the Dec 2023 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

Which West Palm Beach ZIP code has the most negotiating room?

33404. Only 22 homes under contract for every 100 still for sale. 15% of sellers there have cut their price, and listings there spend a median 110 days on the market.

What price growth should I assume for West Palm Beach?

Assume +4.1% a year. West Palm Beach grew 6.3% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, West Palm Beach grows about 4.1% a year. That is the number to type in. Prices rose 0.9% over the last year. Use it for timing. The five-year rate is the better guide.

What is the fair market rent in West Palm Beach?

HUD's fiscal year 2026 fair market rent for Palm Beach County is $2,254 a month for 2 bedrooms and $2,920 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.

06
ZIP-level detail

Where buyers have the most leverage in West Palm Beach

  • 33404295 for sale · 15% cutting · 110 daysOnly 22 homes under contract for every 100 still for sale.
  • 3341376 for sale · 28% cutting · 67 daysOnly 24 homes under contract for every 100 still for sale.
  • 33417344 for sale · 15% cutting · 87 daysOnly 20 homes under contract for every 100 still for sale.
  • 33401307 for sale · 8% cutting · 111 daysOnly 23 homes under contract for every 100 still for sale.
  • 33409117 for sale · 16% cutting · 80 daysOnly 27 homes under contract for every 100 still for sale.

Where West Palm Beach prices are climbing fastest

No ZIP is on both lists. In West Palm Beach you pick leverage or growth. You cannot have both.

ZIP$/sqft, 2 yrs$/sqft nowBuyers per homeFor sale
33403+155.2%$7820.3175
33405+48.8%$1,0580.43105
33412+1.6%$4040.29164
33406+0.7%$2820.4459
33415-2.3%$2140.30240

Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.

Which ZIP codes are in West Palm Beach?

West Palm Beach has 17 ZIP codes. Each links to its live market dashboard.

  • 33401307 for sale · 8% cutting · 111 daysOnly 23 homes under contract for every 100 still for sale.
  • 33402No homes listed for sale right now
  • 3340375 for sale · 13% cutting · 90 daysOnly 31 homes under contract for every 100 still for sale.
  • 33404295 for sale · 15% cutting · 110 daysOnly 22 homes under contract for every 100 still for sale.
  • 33405105 for sale · 11% cutting · 87 daysOnly 43 homes under contract for every 100 still for sale.
  • 3340659 for sale · 10% cutting · 58 daysOnly 44 homes under contract for every 100 still for sale.
  • 33407169 for sale · 15% cutting · 72 daysOnly 55 homes under contract for every 100 still for sale.
  • 33409117 for sale · 16% cutting · 80 daysOnly 27 homes under contract for every 100 still for sale.
  • 33411381 for sale · 18% cutting · 67 daysOnly 32 homes under contract for every 100 still for sale.
  • 33412164 for sale · 15% cutting · 81 daysOnly 29 homes under contract for every 100 still for sale.
  • 3341376 for sale · 28% cutting · 67 daysOnly 24 homes under contract for every 100 still for sale.
  • 33415240 for sale · 19% cutting · 73 daysOnly 30 homes under contract for every 100 still for sale.
  • 33416No homes listed for sale right now
  • 33417344 for sale · 15% cutting · 87 daysOnly 20 homes under contract for every 100 still for sale.
  • 33419No homes listed for sale right now
  • 33420No homes listed for sale right now
  • 33422No homes listed for sale right now
07
Where else to look

Markets similar to West Palm Beach

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See what a West Palm Beach property is actually worth
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