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North Palm Beach Today

Monday, November 4, 2024

Palm Beach County home prices rose in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Palm Beach County rose by $55,000 while total sales decreased by 12.7%.

From January through June of 2022, there were 20,002 homes sold, with a median sale price of $365,000 - a 17.7% increase over the $310,000 median sale price for the same period of the previous year. There were 22,899 homes sold in Palm Beach County in the first half of 2021.

The median sales tax in Palm Beach County for the most recent year with available data, 2018, was $2,864 approximately 0.8% of the median home sale price for the first half of 2022.

The following histogram displays changes in median sales prices in Palm Beach County from January 2021 to June 2022.

Jan. - June 2021July - Dec. 2021Jan. - June 2022$310000$310000$335000$335000$365000$365000

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