West Palm Beach, FL 33406 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demographics
Economy
West Palm Beach, FL — 33406
Market Hotness
50
Hotness Rank
#6,413
Hotness Score
50
Supply Score
31
Demand Score
69
DOM vs US
+8.5%
Slower
Price vs US
85%
Below avg
Median Listing Price
$367K
Population
26,945
Households
719,463
Median Days on Market
62
Active Listings
65
New Listings
28
Housing Market
Pricing
Median Listing Price
$367K
-9.4% YoY
Average Listing Price
$520K
+3.2% YoY
Price per Sq Ft
$300
+4.9% YoY
Median Sq Ft
1,379
-0.4% YoY
Inventory
Active Listings
65
-32.1% YoY
New Listings
28
0.0% YoY
Total Listings
98
-22.3% YoY
Buyer Competition
Pending Listings
34
+11.5% YoY
Pending Ratio
0.53
+20.6% YoY
Median Days on Market
62
+4.2% YoY
Price Reduced
20.1%
-4.7% YoY
Units & Occupancy
2024 Occupancy
719K
units
Occupied
605,430
84.2%
Vacant
114,033
15.8%
2024 Tenure
605K
occupied
Owner
424,264
70.1%
Renter
181,166
29.9%
Renter Share
29.9%
-0.7% YoY
Total Housing Units
719,463
+0.8% YoY
FY2026 Fair Market Rent — Palm Beach County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,788
/month
1 BR
$1,901
/month
2 BR
$2,254
/month
3 BR
$2,920
/month
4 BR
$3,388
/month
FMR Trends — Palm Beach County
Source: HUD Fair Market Rents
Demographics
Median Age
45.3
2024
Population
ZIP Population
26,945
+1.1% YoY
Palm Beach County Population
1,582,055
+1.6% YoY
Households
Total Households
605,430
+1.4% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.49
+0.4% YoY
Age
2024 Age Mix
1.5M
residents
Under 18
289,116
18.8%
Adults 18–64
863,701
56.3%
65 & Over
380,989
24.8%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
289,116
+1.5% YoY
Population 65 & Over
380,989
+2.7% YoY
Median Age
45.30
-0.2% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
87.8%
Moved (within US)
11.1%
Other
1.1%
Veterans
5.1%
-5.6% YoY
Economy
Income
Median Household Income
$84K
+3.0% YoY
Per-Capita Income
$52K
+2.7% YoY
Mean Household Income
$129K
+2.9% YoY
Poverty
Below Poverty Level
11.3%
+1.8% YoY
Transportation to Work
2023 Commute Mode
of workers
Drove alone
71.4%
Public transit
1.4%
Worked from home
13.8%
Other
13.4%
Worked From Home
15.4%
+11.6% YoY
Mean Commute
26.50
+0.4% YoY
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