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South Palm Beach Today

Thursday, November 7, 2024

April: West Palm Beach (unincorporated) (Palm Beach County) experienced a 3.4% drop in median home prices

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The median sale price of a home sold in April in West Palm Beach (unincorporated) in Palm Beach County fell by $5,500 while total sales increased by 16.7 percent, according to BlockShopper.com.

In April, there were 238 homes sold, with a median sale price of $155,000 - a 3.4 percent decrease from the $160,500 median sale price for the same period of the previous year. There were 204 homes sold in West Palm Beach (unincorporated) in April 2021.

The median sales tax in West Palm Beach (unincorporated) for the most recent year with available data, 2018, was $1,279, approximately 0.8 percent of the median home sale price for April.

The following table compares West Palm Beach (unincorporated) to other Palm Beach County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Lake Worth Corridor CDP18180$277,600$255,5008.6
Belle Glade5425$255,000$190,00034.2
Greenacres1069314$252,500$173,85545.2
Delray Beach (unincorporated)224306-26.8$231,175$156,50047.7
West Boca34-25$220,000$143,50053.3
West Boynton105100$174,950$52,500233.2
West Palm Beach (unincorporated)23820416.7$155,000$160,500-3.4
Palm Springs332626.9$140,000$181,250-22.8
Uninc-33409/West Palm Beach South10-$125,000$0-
Pahokee52150$118,000$65,95078.9
South Bay220$85,750$70,10022.3
* This story only considers sales data for the part of West Palm Beach (unincorporated) that is in Palm Beach County.

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