West Palm Beach, FL metro area Housing Market

Cold Market

Comprehensive 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: January 2026

Median Sale Price

$530K

1.0% YoY

Days on Market

96 days

9.1% YoY

Active Inventory

13,410

11.6% YoY

Homes Sold

1,644

0.6% 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 January 2026, the median home sale price is $530K, up 1.0% year-over-year. Homes are spending a median of 96 days on the market, 9.1% longer than a year ago.

There are 13,410 homes for sale — 11.6% fewer than last year. With 8.2 months of supply, this is a buyer's market. 3,801 new listings were added during this period, down 6.5% year-over-year.

Homes are selling for 94.8% of their list price on average, suggesting room for negotiation. 5.6% of homes sell above their asking price. 25.8% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

93

Contributing Factors

Months of Supply 8.2
Days on Market 96
Price Drops 25.8%
Sale-to-List Ratio 94.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 25.3%
Days on Market (National: 66) 45.5%
Inventory (National: 1,210,379) 98.9%

vs. Florida Median

Median Price (Florida: $413K) 28.3%
Days on Market (Florida: 82) 17.1%

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

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$535K

Price per Sq Ft

$309

Sale-to-List Ratio

94.8%

Months of Supply

8.2

Sold Above List

5.6%

Price Drops

25.8%

New Listings

3,801

6.5% YoY

Pending Sales

2,516

Off Market in 2 Weeks

18.3%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.