Palm Beach, FL housing market
The typical Palm Beach home is worth about $2,140,000, up 2.1% in a year, 470% above the Florida typical home. Homes typically sell in 77 days, below asking.
Home values, sales, trends and how Palm Beach compares with the towns next door — updated as new data is published.
Palm Beach at a glance
A balanced market
About 4.5 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Palm Beach | Florida |
|---|---|---|
| 2017 | $937,000 | $209,000 |
| 2018 | $989,000 | $226,000 |
| 2019 | $1,079,000 | $242,000 |
| 2020 | $1,080,000 | $253,000 |
| 2021 | $1,177,000 | $276,000 |
| 2022 | $1,643,000 | $340,000 |
| 2023 | $2,204,000 | $392,000 |
| 2024 | $2,070,000 | $402,000 |
| 2025 | $2,111,000 | $397,000 |
| 2026 | $2,072,000 | $377,000 |
| August 2026 | $2,140,000 | $376,000 |
27 new homes permitted in 2025
Builders were permitted 27 new homes in Palm Beach in 2025, all single-family houses, worth about $90.3 million to build. That's 2.9 per 1,000 residents, slower than across Florida (8.3). Over the past 10 years, Palm Beach has permitted 291 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Palm Beach gained 897 residents while 215 new homes were permitted: about 4.2 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Florida: 2.8 new residents per new home.
How Palm Beach ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 14 | 14 | 0 | $51.1 million |
| 2025 | 27 | 27 | 0 | $90.3 million |
| 2024 | 25 | 25 | 0 | $68.8 million |
| 2023 | 22 | 22 | 0 | $61.7 million |
| 2022 | 26 | 26 | 0 | $68.7 million |
| 2021 | 25 | 25 | 0 | $96.2 million |
| 2020 | 50 | 50 | 0 | $79.9 million |
| 2019 | 42 | 42 | 0 | $63.9 million |
| 2018 | 26 | 26 | 0 | $28.6 million |
| 2017 | 28 | 28 | 0 | $25 million |
| 2016 | 20 | 20 | 0 | $39.3 million |
| 2015 | 23 | 23 | 0 | $27.6 million |
| 2014 | 21 | 21 | 0 | $25.2 million |
| 2013 | 19 | 19 | 0 | $22.8 million |
| 2012 | 16 | 16 | 0 | $19.2 million |
| 2011 | 14 | 14 | 0 | $16.7 million |
| 2010 | 6 | 6 | 0 | $7.6 million |
| 2009 | 8 | 8 | 0 | $10.8 million |
| 2008 | 11 | 11 | 0 | $14.9 million |
| 2007 | 20 | 20 | 0 | $27 million |
| 2006 | 33 | 26 | 7 | $39.4 million |
| 2005 | 41 | 32 | 9 | $48.8 million |
| 2004 | 36 | 29 | 7 | $43.3 million |
| 2003 | 27 | 27 | 0 | $37.3 million |
| 2002 | 50 | 18 | 32 | $41.7 million |
| 2001 | 27 | 27 | 0 | $36.1 million |
| 2000 | 48 | 48 | 0 | $79.2 million |
How Palm Beach ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Palm Beach and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Palm Beach | $2.14M | +2.1% | $2,410 | 27 | $168,403 |
| Lantana | — | −0.5%† | $2,040 | 3 | $70,012 |
| West Palm Beach | $404K | +1.5% | $2,330 | 101 | $73,446 |
| Lake Worth Beach | $443K | +0.5% | $2,090 | 108 | $61,200 |
| Riviera Beach | $411K | +0.7% | $1,950 | 175 | $68,060 |
† FHFA price index change, where Zillow has no home value for the town.
12.7 years of income
The typical Palm Beach home costs about 12.7 years of the town's median household income, more than across Florida (5 years).
How Palm Beach ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,410
HUD's Fair Market Rent for a two-bedroom in Palm Beach is $2,410 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Palm Beach pay a median of $2,311. A two-bedroom takes about 17% of the town's median household income.
Studio $1,910 · 4 bedrooms $3,620
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (33480; West Palm Beach-Boca Raton, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.