Palm Beach County, FL housing market

The median sale price in Palm Beach County, FL was $540K in May 2026, up 1.9% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $523K, holding steady against $521K across the three months before that. That puts prices 1.6% below the strongest three-month stretch on record here, which ended in Mar 2025 at $532K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $473K for Jun 2026, down 1.3% year over year.

Buyers had 12,345 homes to choose from in May 2026, down 12.3% year over year (Redfin). At the current sales pace that standing inventory works out to 5.3 months of supply; convention treats four to six months as a balanced market, which puts Palm Beach County, FL squarely inside it. 2,957 homes came to market in May 2026, up 0.7% year over year, against 2,330 closings, up 5.8% year over year. Homes that sold in May 2026 took a median of 81 days to go under contract, 5 days slower than this market's usual May pace.

Sellers were asking a median of $489K in Jul 2026, down 1.2% year over year (Realtor.com via FRED). Asking prices and closing prices never describe the same homes, so the gap between them reads as seller expectation rather than a discount available to buyers: in May 2026 the list median ran 7.6% below the closing median. Competition is measurable in the closings themselves: 8% settled above asking, and the average sale landed at 95% of its final list price. 24% of listings carried a price cut in May 2026.

This page tracks 18 monthly housing series for Palm Beach County, FL — median sale price, median list price, ZHVI home value, inventory (active), active listings, median days on market, and more — sourced from Realtor.com via FRED, Redfin, Zillow ZHVI, running from Aug 2016 through Jul 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.