Home Values

Palm Beach Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$873,500

  • 11.1% 1-year change
  • 0.4% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold

Buyers' Market
Sellers' Market

The median home value in Palm Beach is $873,500. Palm Beach home values have gone up 11.1% over the past year and Zillow predicts they will rise 0.4% within the next year. The median list price per square foot in Palm Beach is None.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Palm Beach is 4.7%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Palm Beach homeowners underwater on their mortgage is 14.2%, which is lower than Miami-Fort Lauderdale Metro at 19.0%.

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Relative ZHVI
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Palm Beach Market Overview

Data through Apr 30, 2015
  • $873,500 ZHVI
  • 0.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $532,125 Median sale price
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Palm Beach Market Health

Data through Apr 30, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 14.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Palm Beach Shores $386,300
Lake Clarke Shores $257,800
South Palm Beach $221,000
Name Median ZHVI
Haverhill $153,400
West Palm Beach $148,500
Lake Park $134,200
Name Median ZHVI
Riviera Beach $128,100
Lake Worth $98,100
Lake Worth Corridor $90,500

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $415 Median sale price / sq ft
  • No data Listings with price cut
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Palm Beach Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $4,396 Palm Beach
    $1,796 Miami-Fort Lauderdale Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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