West Palm Beach, FL metro area Housing Market
Cold MarketComprehensive housing market data for the West Palm Beach, FL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$515K
↓ 1.0% YoY
Days on Market
86 days
↓ 3.4% YoY
Active Inventory
13,320
↓ 10.3% YoY
Homes Sold
2,509
↑ 15.9% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
West Palm Beach, FL metro area Market Summary
The West Palm Beach, FL metro area housing market is cooling down. As of March 2026, the median home sale price is $515K, down 1.0% year-over-year. Homes are spending a median of 86 days on the market, 3.4% shorter than a year ago.
There are 13,320 homes for sale — 10.3% fewer than last year. With 5.3 months of supply, this is a balanced market. 3,416 new listings were added during this period, down 7.2% year-over-year.
Homes are selling for 95.0% of their list price on average, suggesting room for negotiation. 6.7% of homes sell above their asking price. 27.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
86
Contributing Factors
How This Market Compares
vs. National Median
vs. Florida Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
West Palm Beach, FL metro area Market Trends
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Detailed Market Metrics
Median List Price
$545K
Price per Sq Ft
$304
Sale-to-List Ratio
95.0%
Months of Supply
5.3
Sold Above List
6.7%
Price Drops
27.1%
New Listings
3,416
↓ 7.2% YoY
Pending Sales
3,223
Off Market in 2 Weeks
18.0%
Other Markets in Florida
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$371K · 76d on market
Miami, FL metro area
$580K · 95d on market
Cape Coral, FL metro area
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Fort Lauderdale, FL metro area
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Deltona, FL metro area
$360K · 78d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.