Buyer's MarketMay 2026

West Palm Beach Housing Market Report

Live MLS data · 200 active listings · $226K median · Updated May 2026

TL;DR

The West Palm Beach housing market has 200 active listings with a median asking price of $226K as of May 2026. 70% of listings have had a price reduction. Average price per square foot is $336, with homes spending an average of 134 days on market — a buyer's market.

200

Active Listings

$226K

Median Price

$336

Avg $/sqft

134

Avg Days on Market

70%

Price Reduced

Price Distribution

Under $300K
127 (64%)
$300K–$500K
39 (20%)
$500K–$750K
15 (8%)
$750K–$1M
5 (3%)
$1M–$2M
8 (4%)
$2M+
6 (3%)

By Property Type

Condos
$190K
Single-Family
$580K
Townhouses
$335K
Villa
$159K

Median Price by Bedrooms — West Palm Beach

BedroomsActive ListingsMedian Price
Studio/1 BR51$115K
2 BR92$230K
3 BR41$450K
4 BR10$745K
5+ BR6$10M

ELLA AI Market Analysis — West Palm Beach

The West Palm Beach real estate market currently has 200 active listings as of May 2026, with a median asking price of $226K and an average of $336/sqft. Homes are spending an average of 134 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.

Villa represent the best value in West Palm Beach right now, with an average price per square foot of $205 and a median asking price of $159K. There are currently 13 active villa listings available.

With 70% of listings having seen a price reduction, there is meaningful negotiating room in West Palm Beach. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.

Frequently Asked Questions — West Palm Beach Real Estate Market

What is the average home price in West Palm Beach right now?

As of May 2026, the median asking price in West Palm Beach is $226K, with an average of $741K. Prices range from $50K to $42.5M. The average price per square foot is $336.

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

West Palm Beach is currently a buyer's market. Homes average 134 days on market and 70% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.

How long do homes stay on the market in West Palm Beach?

As of May 2026, homes in West Palm Beach spend an average of 134 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.

What is the most affordable property type in West Palm Beach?

Villa are currently the most affordable by price per square foot in West Palm Beach, averaging $205/sqft with a median price of $159K. There are 13 active villa listings available.

How much can I save buying in West Palm Beach with Casa Simple?

Based on the median home price of $226K in West Palm Beach, Casa Simple buyers typically receive a rebate of $2K–$3K at closing. This is cash back from the buyer's agent commission — you pay nothing extra. The exact rebate depends on purchase price and plan.

What is the average HOA fee in West Palm Beach?

HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.

Ready to buy in West Palm Beach?

ELLA analyzes every listing in West Palm Beach with an AI-powered IQ score. Get up to $3K back at closing.