Market Report

West Palm Beach, FL 33405

Single-Family Homes

Greg Forest Group | SERHANT. | 561.220.2007


West Palm Beach, FL 33405

Thu Oct 15 2026
This week the median list price for West Palm Beach, FL 33405 is $2,799,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 103. Click here to stay informed with the West Palm Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

West Palm Beach, FL 33405

Thu Oct 15 2026
This week the median list price for West Palm Beach, FL 33405 is $2,799,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 103. Click here to stay informed with the West Palm Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the West Palm Beach market.
Median List Price $2,799,000
Median Price of New Listings $3,990,000
Per Square Foot $1,027
Average Days on Market 144
Median Days on Market 77
Price Decreased 23%
Price Increased 0%
Relisted 6%
Inventory 103
Median Rent
Market Action 31
Slight Seller's Advantage

Price trends in this zip code continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here. We’ll look at the Market Action Index later in the report to gauge the leading indicators.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$7,775,000 4,884 0.25 - 0.5 acre 5 5.3 11 3 0 171
$3,870,000 3,035 4,500 - 6,500 sqft 4 4.3 74 5 3 59
$867,500 1,848 4,500 - 6,500 sqft 3 2 76 3 4 108
$490,000 1,221 4,500 - 6,500 sqft 3 2 77 2 0 49