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Overview

Get to know Palm Beach. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Palm Beach real estate market, all in one place. Analyze how the market is performing against historical data. Guaranteed Rate helps you explore Palm Beach without having to leave home.

The median home price in Palm Beach for the week end on April 12th 2024 was compared to $1,533, the median rent. Unemployment sits at 1.7% as of April 12th 2024. The population of Palm Beach is 8,593. The median age of the locals is 68.5.

Market trends

Single Family Homes
Condo/Townhomes

In the past week, single family homes in Palm Beach sold on average for $1,475,000 and spent 108 days on the market. In Palm Beach, the inventory of 343 experienced a 9% relisting. The average price per square foot was $491.

In the past week, condo/townhomes in Palm Beach sold on average for $449,000 and spent 81 days on the market. In Palm Beach, the inventory of 247 experienced a 5% relisting. The average price per square foot was $327.

Population trends

As previously noted, the population of Palm Beach is 8,593 and the median age is 68.5. Among Palm Beach residents, there is a homeowner vacancy rate of 2.7% and a rental vacancy rate of 3.3% from a total of 9,828 units.

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All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Guaranteed Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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