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Saturday, April 19, 2025

Home prices increased in Lake Worth Corridor CDP during May

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The median sale price of a home sold in May in Lake Worth Corridor CDP rose by $46,000 while total sales increased by 7.7 percent, according to BlockShopper.com.

In May, there were 14 homes sold, with a median sale price of $344,000 - a 15.4 percent increase over the $298,000 median sale price for the same period of the previous year. There were 13 homes sold in Lake Worth Corridor CDP in May 2021.

The median sales tax in Lake Worth Corridor CDP for the most recent year with available data, 2018, was $2,219, approximately 0.6 percent of the median home sale price for May.

The following table compares Lake Worth Corridor CDP to other Palm Beach County cities with similar median sale prices in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Royal Palm Beach675228.8$400,000$340,00017.6
Boca Del Mar CDP41387.9$400,000$285,00040.4
North Palm Beach463627.8$395,000$367,5007.5
Hypoluxo261844.4$355,000$336,0005.7
Lake Worth26422218.9$352,850$285,00023.8
Lake Worth Corridor CDP14137.7$344,000$298,00015.4
Lantana3233-3$334,500$250,00033.8
Lake Park1318-27.8$330,000$247,50033.3
Sandalfoot Cove CDP393030$325,000$261,25024.4
Riviera Beach887222.2$299,500$327,500-8.5
Boynton Beach23215351.6$274,050$190,00044.2

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