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Real Estate Market Trends and Analytics in West Palm Beach (33406), FL

In August 2026, the median home sale price in West Palm Beach (33406), FL was $462,000, with homes selling in an average of 61 days — slower than the 51-day average last year, suggesting buyers have more negotiating room. A total of 236 homes sold in this period, up from 189 last year — a sign of an active market.
View all properties for sale in West Palm Beach (33406), FL

West Palm Beach (33406), FL Market Trend

Median List Price
The median list price of West Palm Beach (33406), FL, was $547,900 in August 2026, compared to $498,000 in August 2025.

West Palm Beach (33406), FL Market Trend for Houses

Median List Price
The median list price of houses in West Palm Beach (33406), FL, was $699,000 in August 2026, compared to $562,500 in August 2025.

West Palm Beach (33406), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in West Palm Beach (33406), FL, was $315,000 in August 2026, compared to $312,350 in August 2025.

West Palm Beach (33406), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in West Palm Beach (33406), FL, was $0 in August 2026, compared to $0 in August 2025.

West Palm Beach (33406), FL Market Trend for Commercial

Median List Price
The median list price of commercial in West Palm Beach (33406), FL, was $1,150,000 in August 2026, compared to $0 in August 2025.

West Palm Beach (33406), FL Housing Market Analysis

There are currently 75 homes listed for sale in West Palm Beach (33406), FL, an increase of 19.05% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $735,736 (up 37.49% year-over-year), and the average price per square foot is $333 compared to $333 in 2025. Properties spend an average of 76 days on the market before going under contract.
79
for sale
35
for rent
236
sold
Median Price
$525K
Median SQFT Price
$326
SF Range
360 - 3,296 SF
Beds
1 - 7
Avg. Dom
84 days
Year Built
1945 - 2025
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $286K
Median Monthly Mortgage $2K/mo
Median Rent $2K/mo
Homeownership Rate 65.4%
Cost Burden 25.4%

Foreclosure Risk Score

28/100 MODERATE
30-Year Mortgage Rate 6.58%
Local Unemployment 3.9%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in West Palm Beach (33406), FL

For Sale
$699,000
House
4 bds · 3 ba · 2,280 sqft
SKY RANCH, West Palm Beach
725 Mercury Street Street, West Palm Beach FL 33406
For Sale
$3,200
House
3 bds · 2 ba · 940 sqft
GUN CLUB EST,
4181 WINCHESTER Lane, FL 33406
New
For Sale
$715,000
House
4 bds · 4 ba · 1,878 sqft
CLOUD LAKE, West Palm Beach
106 E Chandler Road, West Palm Beach FL 33406
New
For Sale
$759,000
Multi-family
0 room(s) · 1,342 sqft
FLA-MANGO GROVELETS, Lake Clarke Shores
1900 CARISSA Road, Lake Clarke Shores FL 33406
New
For Sale
$218,000
Condo/Co-op
2 bds · 1 ba · 880 sqft
FAIRVIEW VILLAS CONDO,Fairview Villas, Palm Springs
1866 Fairview Villas Drive # 3, Palm Springs FL 33406
New
For Sale
$337,900
Townhouse
2 bds · 2 ba · 1,468 sqft
LAKE COLONY PH II,Lake Colony, West Palm Beach
4051 PALM BAY Circle # D, West Palm Beach FL 33406
New
For Sale
$328,000
Townhouse
2 bds · 2 ba · 1,502 sqft
Woodbridge Lakes, West Palm Beach
1633 Woodbridge Lakes Circle # 1633, West Palm Beach FL 33406
-$13K
For Sale
$144,900
Condo/Co-op
2 bds · 2 ba · 1,103 sqft
BOUNDBROOK CONDO S, Palm Springs
2532 Boundbrook Drive S # 107, Palm Springs FL 33406

Market Trends nearby