All Home Types
Palm Beach, FL Housing Market
What is the housing market like in Palm Beach today?
In October 2024, Palm Beach home prices were down 34.7% compared to last year, selling for a median price of $1.7M. On average, homes in Palm Beach sell after 131 days on the market compared to 113 days last year. There were 10 homes sold in October this year, down from 16 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,715,000
-34.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Palm Beach, FL
$1,715,000
-34.7%
United States
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Palm Beach Migration & Relocation Trends
In Sep '24 - Nov '24, 30% of Palm Beach homebuyers searched to move out of Palm Beach, while 70% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Palm Beach from outside metros.
- New York homebuyers searched to move into Palm Beach more than any other metro followed by San Francisco and Washington.
Where are people moving to Palm Beach from?
- 70% of Palm Beach homebuyers searched to stay within the Palm Beach metropolitan area.
- Cape Coral was the most popular destination among Palm Beach homebuyers followed by Orlando and Jacksonville.
Where are people from Palm Beach moving to?
Number of People Moving to Palm Beach
least
most
People are moving to Palm Beach from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4,605 | ||
| 2 | 1,578 | ||
| 3 | 1,287 | ||
| 4 | 1,017 | ||
| 5 | 678 | ||
| 6 | 664 | ||
| 7 | 507 | ||
| 8 | 252 | ||
| 9 | 153 | ||
| 10 | 78 | ||
People are leaving Palm Beach for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,262 | ||
| 2 | 1,513 | ||
| 3 | 871 | ||
| 4 | 732 | ||
| 5 | 713 | ||
| 6 | 700 | ||
| 7 | 610 | ||
| 8 | 604 | ||
| 9 | 522 | ||
| 10 | 346 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Palm Beach.
Provided by First Street Foundation
Transportation in Palm Beach
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