The Downtown West Palm Beach housing market is not very competitive. The median sale price of a home in Downtown West Palm Beach was $560K last month, up 11.2% since last year. The median sale price per square foot in Downtown West Palm Beach is $404, down 16.6% since last year.
What is the housing market like in Downtown West Palm Beach today?
In October 2024, Downtown West Palm Beach home prices were up 11.2% compared to last year, selling for a median price of $560K. On average, homes in Downtown West Palm Beach sell after 137 days on the market compared to 86 days last year. There were 41 homes sold in October this year, down from 68 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$560,000
+11.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown West Palm Beach, FL
$560,000
+11.2%
United States
To compare other locations to the Downtown West Palm Beach 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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How hot is the Downtown West Palm Beach housing market?
Downtown West Palm Beach is not very competitive. Homes sell in 65 days.
0
100
14
Not Very 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 3 months
Multiple offers are rare.
The average homes sell for about 8% below list price and go pending in around 65 days.
Hot homes
can sell for about 2% below list price and go pending in around 42 days.
Learn about schools in the Downtown West Palm Beach area
Elementary
Middle
High
GreatSchools Rating
5/10
U. B. Kinsey/palmview Elementary School
Public • PreK-5
621
Students
8 reviews
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 Downtown West Palm Beach housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown West Palm Beach.
Flood Factor - Moderate
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown West Palm Beach has a moderate risk of flooding. 97 properties in Downtown West Palm Beach are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in Downtown West Palm Beach. Flood risk is increasing faster than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Downtown West Palm Beach has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown West Palm Beach is most at risk from hurricanes. 1,350 properties in Downtown West Palm Beach 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 214 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 230 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Downtown West Palm Beach has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown West Palm Beach have an Extreme Heat Factor®.
Downtown West Palm Beach is expected to see a 257% increase in the number of days over 105ºF over the next 30 years. Downtown West Palm Beach is expected to experience 7