The Palm Beach Lakes South housing market is somewhat competitive. The median sale price of a home in Palm Beach Lakes South was $455K last month, up 21.3% since last year.
What is the housing market like in Palm Beach Lakes South today?
In August 2024, Palm Beach Lakes South home prices were up 21.3% compared to last year, selling for a median price of $455K. On average, homes in Palm Beach Lakes South sell after 60 days on the market compared to 42 days last year. There were 3 homes sold in August this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$455,000
+21.3% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Palm Beach Lakes South, FL
$455,000
+21.3%
United States
To compare other locations to the Palm Beach Lakes South and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in West Palm Beach add value to a home.
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Work with the best agents in Palm Beach Lakes South
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How hot is the Palm Beach Lakes South housing market?
Palm Beach Lakes South is somewhat competitive. Homes sell in 42 days.
0
100
40
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 42 days.
Hot homes
can sell for about 1% below list price and go pending in around 13 days.
Learn about schools in the Palm Beach Lakes South area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Palm Beach Lakes South housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palm Beach Lakes South.
Flood Factor - Minor
31% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm Beach Lakes South has a minor risk of flooding. 13 properties in Palm Beach Lakes South are likely to be
severely affected
by flooding over the next 30 years. This represents 31% of all properties in Palm Beach Lakes South. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Palm Beach Lakes South has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palm Beach Lakes South is most at risk from hurricanes. 680 properties in Palm Beach Lakes South have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 179 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 193 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Palm Beach Lakes South has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Palm Beach Lakes South have an Extreme Heat Factor®.
Palm Beach Lakes South is expected to see a 257% increase in the number of days over 105ºF over the next 30 years. Palm Beach Lakes South is expected to experience 7