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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 $440,000, with homes selling in an average of 64 days — slower than the 48-day average last year, suggesting buyers have more negotiating room. A total of 270 homes sold in this period, up from 244 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 $521,700 in August 2026, compared to $480,000 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 $687,500 in August 2026, compared to $575,000 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 $322,000 in August 2026, compared to $282,000 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 68 homes listed for sale in West Palm Beach (33406), FL, a decrease of 11.69% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $750,817 (up 45.94% year-over-year), and the average price per square foot is $304 compared to $309 in 2025. Properties spend an average of 87 days on the market before going under contract.
68
for sale
42
for rent
270
sold
Median Price
$522K
Median SQFT Price
$304
SF Range
880 - 2,941 SF
Beds
1 - 7
Avg. Dom
87 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

New
For Sale
$500,000
House
4 bds · 2 ba · 1,714 sqft
LAWN LAKE, West Palm Beach
2521 Myrica Road, West Palm Beach FL 33406
New
For Sale
$329,900
Townhouse
3 bds · 2 ba · 1,386 sqft
WELLESLEY AT LAKE CLARKE S, Lake Clarke Shores
8120 NORTHBORO Court # 20A, Lake Clarke Shores FL 33406
For Sale
$334,500
Townhouse
2 bds · 2 ba · 1,236 sqft
FOREST LAKES, West Palm Beach
1524 FOREST LAKES Circle # A, West Palm Beach FL 33406
For Sale
$865,000
House
3 bds · 2 ba · 2,406 sqft
ESCONDIDA, Lake Clarke Shores
6785 ESCONDIDA Drive, Lake Clarke Shores FL 33406
For Sale
$2,400,000
House
3 bds · 2 ba · 2,411 sqft
MORRISON, West Palm Beach
2681 RANCH HOUSE Road, West Palm Beach FL 33406
For Sale
$349,000
Townhouse
3 bds · 2 ba · 1,600 sqft
WOODBRIDGE LAKES, West Palm Beach
1701 WOODBRIDGE LAKES Circle, West Palm Beach FL 33406
For Sale
$535,000
House
3 bds · 2 ba · 1,200 sqft
POLO CLUB ESTATES 2, West Palm Beach
3407 TACONIC Drive, West Palm Beach FL 33406
-$4K
For Sale
$275,000
Townhouse
2 bds · 2 ba · 1,218 sqft
SOMERSET, West Palm Beach
3874 VICTORIA Drive, West Palm Beach FL 33406

Market Trends nearby