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

In July 2026, the median home sale price in West Palm Beach (33406), FL was $479,250, with homes selling in an average of 62 days — slower than the 54-day average last year, suggesting buyers have more negotiating room. A total of 234 homes sold in this period, up from 192 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 $480,000 in July 2026, compared to $489,500 in July 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 July 2026, compared to $550,000 in July 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 $306,950 in July 2026, compared to $315,000 in July 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 July 2026, compared to $0 in July 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 July 2026, compared to $0 in July 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 44.23% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $709,642 (up 36.31% year-over-year), and the average price per square foot is $316 compared to $319 in 2025. Properties spend an average of 87 days on the market before going under contract.
75
for sale
42
for rent
234
sold
Median Price
$480K
Median SQFT Price
$316
SF Range
883 - 3,296 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 6.49%
Local Unemployment 3.6%

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
$719,999
House
0 room(s) · 2,280 sqft
SKY RANCH, West Palm Beach
725 Mercury St, West Palm Beach FL 33406
New
For Sale
$310,000
Townhouse
2 bds · 2 ba · 1,236 sqft
FOREST LAKES, West Palm Beach
1610 Forest Lakes Circle # B, West Palm Beach FL 33406
New
For Sale
$598,000
House
3 bds · 2 ba · 1,433 sqft
Military Hill, West Palm Beach
4317 Vicliff Rd, West Palm Beach FL 33406
New
For Sale
$649,000
House
3 bds · 2 ba · 1,482 sqft
EDGEWATER PARK, West Palm Beach
2433 Palm Road, West Palm Beach FL 33406
New
For Sale
$480,000
House
3 bds · 2 ba · 940 sqft
GUN CLUB EST,
4181 Winchester Lane, FL 33406
For Sale
$325,000
Townhouse
2 bds · 2 ba · 1,374 sqft
Wellesley At Lake Clarke S,WELLESLEY AT TLAKE C, Lake Clarke Shores
8161 Andover Court # 61d, Lake Clarke Shores FL 33406
For Sale
$699,000
House
4 bds · 2 ba · 2,116 sqft
ESTATES OF LAKE CLARKE SHO, Lake Clarke Shores
7561 Nemec Drive N, Lake Clarke Shores FL 33406
For Sale
$325,000
Townhouse
3 bds · 2 ba · 1,383 sqft
SUMMIT LAKE,Summit Lake, West Palm Beach
946 Summit Lake Drive, West Palm Beach FL 33406

Market Trends nearby