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Saturday, November 23, 2024

Pricing for the median home in West Palm Beach (unincorporated) (Palm Beach County) increased during May

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The median sale price of a home sold in May in West Palm Beach (unincorporated) in Palm Beach County rose by $17,600 while total sales increased by 50.6 percent, according to BlockShopper.com.

In May, there were 247 homes sold, with a median sale price of $170,000 - an 11.5 percent increase over the $152,400 median sale price for the same period of the previous year. There were 164 homes sold in West Palm Beach (unincorporated) in May 2021.

The median sales tax in West Palm Beach (unincorporated) for the most recent year with available data, 2018, was $1,279, approximately 0.8 percent of the median home sale price for May.

The following table compares West Palm Beach (unincorporated) to other Palm Beach County cities with similar median sale prices in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Palm Springs3437-8.1$250,000$127,50096.1
Greenacres1087740.3$249,950$189,00032.2
Delray Beach (unincorporated)25322412.9$220,000$160,00037.5
West Boca5425$210,000$172,00022.1
Uninc-33413/West Palm Beach Canal10-$200,000$0-
Belle Glade115120$192,000$234,000-17.9
West Palm Beach (unincorporated)24716450.6$170,000$152,40011.5
South Bay52150$147,500$145,0001.7
West Boynton13-66.7$115,000$102,25012.5
Pahokee5366.7$82,099$19,300325.4
Canal Point (unincorporated)20-$52,000$0-
* This story only considers sales data for the part of West Palm Beach (unincorporated) that is in Palm Beach County.

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