The story of this market
The typical home in Palm Beach, Florida sells for about $3,195,000, or $1,660 per square foot.
Prices are down 4.75% from a year ago, which gives buyers more room to negotiate. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,944 a month.
Monthly price momentum
Home values since 2015
+1%
FL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Palm Beach, Florida
The Palm Beach housing market is currently experiencing a cooling phase, characterized by a year-over-year price decline and an increase in days on market. High interest rates and economic uncertainty are tempering demand, though the ultra-luxury segment remains resilient due to cash-heavy buyers. The market is currently in a balanced state, with inventory levels rising slightly from previous lows.
No ARED county foreclosure postings attributed to Palm Beach yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price diverges 34.3% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 1.6% year over year.
Homes spend a median of 112 days on market with 6.2 months of supply — a slower-moving market.
17% of listings have cut prices · homes sell at 94.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 5.2% — a stable, low-distress profile.
- Rapids Waterpark4.26.2 mi
- Boomers Boca Raton4.223.4 mi
- Fun Depot4.25.9 mi
- Ninja Kidz Action Park for kids4.910 mi
- Silverball Retro Arcade4.716.9 mi
- South Florida Fair4.49.7 mi
- Loggerhead Marinelife Center4.812.4 mi
- PGA National Resort4.410.7 mi
- iTHINK Financial Amphitheatre4.59.4 mi
- Raymond F. Kravis Center for the Performing Arts4.71.4 mi
- Palm Beach Zoo & Conservation Society4.53.4 mi
- Loggerhead Marinelife Center4.812.4 mi
- Manatee Lagoon4.74.1 mi
- Phil Foster Park4.65.4 mi
- CityPlace4.61.3 mi
- Morikami Museum and Japanese Gardens4.820.5 mi
- Loggerhead Marinelife Center4.812.4 mi
- Gumbo Limbo Nature Center4.823.5 mi
- CityPlace4.61.3 mi
- Flagler Museum4.80.7 mi
- Phil Foster Park4.65.4 mi
- CityPlace4.61.3 mi
- Okeeheelee Park4.88.5 mi
- Lake Worth Beach Park4.66.3 mi
- Mounts Botanical Garden4.64.9 mi
- Sailfish Marina4.45 mi
- Safe Harbor Rybovich4.73.2 mi
- Palm Harbor Marina4.61.1 mi
- Riviera Beach Marina Village4.64.8 mi
- Safe Harbor Rybovich | Riviera Beach4.75.2 mi
- PGA National Resort4.410.7 mi
- The Park4.84 mi
- Drive Shack4.72.8 mi
- Palm Beach Par-3 Golf Course4.75.1 mi
- Palm Beach National Golf & Country Club4.59.7 mi
- Tanger Outlets Palm Beach4.53.4 mi
- The Gardens Mall4.510.3 mi
- The Mall at Wellington Green4.511.4 mi
- CityPlace4.61.3 mi
- Boynton Beach Mall3.912.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A world-renowned luxury shopping destination featuring high-end boutiques, galleries, and restaurants that define the town's commercial character.
A historic, iconic luxury resort that serves as a major social and economic anchor for the town, offering extensive recreational facilities.
A scenic, multi-mile path along the Intracoastal Waterway popular for walking and cycling, providing residents with unique waterfront access.
Palm Beach is best suited for ultra-high-net-worth individuals, retirees, and seasonal residents seeking an exclusive, secure, and amenity-rich lifestyle. It is less suitable for traditional commuters or entry-level buyers due to the extreme price point and limited housing inventory.
The area is served by highly-rated public and private institutions, with schools in the vicinity consistently ranking among the top in the state. Educational quality is a primary driver of property value and family-oriented demand in the town.
Transportation is primarily private-vehicle based, with limited public transit infrastructure. The town is accessible via major bridges connecting to West Palm Beach and the regional highway network.
The town offers world-class amenities including the iconic Worth Avenue shopping district, the historic Lake Trail, and exclusive access to pristine Atlantic beaches. Residents enjoy a high concentration of private golf clubs, luxury dining, and cultural venues like the Society of the Four Arts.
The rental market is highly seasonal and dominated by luxury, short-term, and high-end annual leases. Vacancy pressure is low due to limited supply, and the market is heavily influenced by wealthy seasonal residents and investors seeking high-yield, short-term rental opportunities.
The economy is anchored by high-end hospitality, private wealth management, and luxury retail. It serves as a global destination for the ultra-wealthy, driving significant local economic impact through tourism and real estate transactions.
Economic momentum is driven by high-net-worth individuals, luxury retail, and the hospitality sector, with limited space for large-scale new development. Infrastructure investment is focused on maintaining the town's historic character while upgrading coastal defenses and utility resilience.
Development is strictly regulated by historic preservation and zoning ordinances, limiting large-scale projects. Current planning focuses on coastal resilience and infrastructure maintenance.
Parcels are subject to standard municipal and county tax levies, with no significant MUD or PID presence typical of newer suburban developments.
Crime in Palm Beach is generally low compared to regional averages, with the town maintaining a high-security profile due to its affluent nature and significant private security presence. Reported trends remain stable, focusing primarily on property-related concerns rather than violent crime.
The town faces significant exposure to coastal flooding, storm surge, and hurricane-force winds, necessitating robust building standards and comprehensive insurance coverage. The insurance market is characterized by high premiums and strict underwriting requirements due to these climate-related risks.
The insurance market is challenging, with high premiums driven by hurricane and flood risk. Most properties require specialized coverage due to their high value and coastal location.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov; figures reflect the town's unique demographic profile as a high-wealth, seasonal enclave.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.