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West Palm Beach

Why you'd want to live in West Palm Beach

Introduction to West Palm Beach, Florida Founded in 1894 by Henry Flagler, West Palm Beach was created to house servants working at hotels on nearby Palm Beach. Many of the city’s historic structures were created in the 1920s when the city swelled. West Palm Beach lies on Florida’s southeast. It is only 70 miles north of Miami and 46 miles north of Fort Lauderdale. The climate of West Palm Beach is subtropical. The city has nearly constant sunshine and only mildly distinguishable seasons. Winters are cooler than the area’s humid summers, but temperatures during the winter months occasionally go down to the 30s. January is the coldest month when temperatures average a warm 65 degrees. However, despite the long, humid summers, the city has never recorded a temperature at 100 degrees. The hottest month is August when the temperatures average around 83 degrees. via citytowninfo

West Palm Beach Market Report

$1,181,014

AVERAGE PRICE OF 2,655 HOMES

$308,270

AVERAGE PRICE OF 17 DISTRESSED HOMES

$4,124,147

AVERAGE PRICE OF 574 MULTI-MILLION DOLLAR HOMES

$5,223,215

AVERAGE PRICE OF 164 NEWLY BUILT HOMES

$2,737,059

AVERAGE PRICE OF 485 HOMES WITH A POOL

$1,059,287

AVERAGE PRICE OF 135 REDUCED PRICE HOMES

Average Home

Average Price $1,181,014
Avg Bedrooms 2.34 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $190,821
2 bedrooms $504,683
3 bedrooms $1,140,631
4 bedrooms $2,273,273
5 bedrooms $3,825,366
West Palm Beach Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 2,546 2,403 2,387 2,313 2,223
Average Price $1,206,858 $1,204,556 $1,128,251 $1,044,392 $964,052
Avg Price Change +0.19% +6.76% +8.03% +8.33% +1.26%
Median Price $416,496 $418,380 $416,884 $414,555 $402,350
Med Price Change -0.45% +0.36% +0.56% +3.03% +3.31%
Avg Bedrooms 2.33 beds 2.34 beds 2.32 beds 2.33 beds 2.3 beds
Avg Bathrooms 2.29 baths 2.3 baths 2.27 baths 2.24 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Beach Lakes 247 $469,981 92 days
Total Homes Average Price Avg Days on Site
All Homes 2,655 $1,181,014 99 days
Distressed Homes 17 $308,270 92 days
Multi-Million Dollar Homes 574 $4,124,147 114 days
Newly Built Homes 164 $5,223,215 125 days
Homes with a Pool 485 $2,737,059 95 days
Reduced Price Homes 135 $1,059,287 93 days
Keller Williams Realty Reserve - The Reeves Group
Craig Reeves
11360 Jog Rd Suite 102
Palm Beach Gardens, FL 33418
561-385-2122

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