Balanced MarketAugust 2026

West Palm Beach Housing Market Report

Live MLS data · 400 active listings · $360K median · Updated August 2026

TL;DR

The West Palm Beach housing market has 400 active listings with a median asking price of $360K as of August 2026. 17% of listings have had a price reduction. Average price per square foot is $440, with homes spending an average of 89 days on market — a balanced market.

400

Active Listings

$360K

Median Price

$440

Avg $/sqft

89

Avg Days on Market

17%

Price Reduced

Price Distribution

Under $300K
170 (43%)
$300K–$500K
87 (22%)
$500K–$750K
50 (13%)
$750K–$1M
19 (5%)
$1M–$2M
26 (7%)
$2M+
48 (12%)

By Property Type

Condos
$200K
House
$689K
Townhouses
$295K
Duplex
$589K
Agriculture
$499K

Median Price by Bedrooms — West Palm Beach

BedroomsActive ListingsMedian Price
Studio/1 BR91$120K
2 BR145$245K
3 BR86$480K
4 BR49$900K
5+ BR29$2.3M

ELLA AI Market Analysis — West Palm Beach

The West Palm Beach real estate market currently has 400 active listings as of August 2026, with a median asking price of $360K and an average of $440/sqft. Homes are spending an average of 89 days on market — conditions are relatively balanced between buyers and sellers.

Townhouses represent the best value in West Palm Beach right now, with an average price per square foot of $244 and a median asking price of $295K. There are currently 27 active townhouses listings available.

With 17% of listings having reduced their price and an average DOM of 89 days, West Palm Beach offers opportunities for both buyers and sellers. ELLA's IQ score analyzes each listing individually to identify the best-value opportunities.

Frequently Asked Questions — West Palm Beach Real Estate Market

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

As of August 2026, the median asking price in West Palm Beach is $360K, with an average of $1.2M. Prices range from $52K to $42.5M. The average price per square foot is $440.

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

West Palm Beach is currently a balanced market. Homes average 89 days on market with 17% showing price reductions. Well-priced properties still move at a fair pace, and both sides can negotiate effectively.

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

As of August 2026, homes in West Palm Beach spend an average of 89 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?

Townhouses are currently the most affordable by price per square foot in West Palm Beach, averaging $244/sqft with a median price of $295K. There are 27 active townhouses listings available.

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

Based on the median home price of $360K in West Palm Beach, Casa Simple buyers typically receive savings of $2K–$5K at closing. This is a closing cost credit — you pay nothing extra. The exact amount 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 $5K back at closing.