The Palm Beach Farms housing market is somewhat competitive. The median sale price of a home in Palm Beach Farms was $860K last month, up 62.3% since last year. The median sale price per square foot in Palm Beach Farms is $334, up 35.4% since last year.
What is the housing market like in Palm Beach Farms today?
In March 2024, Palm Beach Farms home prices were up 62.3% compared to last year, selling for a median price of $860K. On average, homes in Palm Beach Farms sell after 62 days on the market compared to 71 days last year. There were 3 homes sold in March this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$860,000
+62.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palm Beach Farms, FL
$860,000
+62.3%
United States
To compare other locations to the Palm Beach Farms and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Coconut Creek add value to a home.
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How hot is the Palm Beach Farms housing market?
Palm Beach Farms is somewhat competitive. Homes sell in 33 days.
0
100
63
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 around list price and go pending in around 33 days.
Hot homes
can sell for about 2% above list price and go pending in around 9 days.
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 Farms housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palm Beach Farms.
Risk Factor
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm Beach Farms has a minor risk of flooding. 0 properties in Palm Beach Farms are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Palm Beach Farms. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palm Beach Farms has a minor risk of wildfire. There are 7 properties in Palm Beach Farms that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Palm Beach Farms.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Palm Beach Farms has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palm Beach Farms is most at risk from hurricanes. 651 properties in Palm Beach Farms 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 186 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 197 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Palm Beach Farms has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Palm Beach Farms have an Extreme Heat Factor®.
Palm Beach Farms is expected to see a 271% increase in the number of days over 106ºF over the next 30 years. Palm Beach Farms is expected to experience 8