Explore Palm Beach
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Why Live in Palm Beach
Palm Beach, Florida, is a small city known for its historical roots and luxurious appeal. With a population of around 9,000, it retains a charming small-town atmosphere despite being home to numerous celebrities. The city is famous for its Mediterranean Revival-style downtown centered around Worth Avenue, often compared to Rodeo Drive, featuring art galleries, boutiques, and upscale dining options. The area is walkable, with palm trees providing shade and the Worth Avenue Clock Tower marking the beach entrance. Palm Beach is renowned for its white sandy beaches and exclusive beach clubs like The Breakers, a historic resort. Golf enthusiasts can enjoy the Raymond Floyd Course, which offers scenic views of the Intracoastal Waterway. The city is connected to Downtown West Palm Beach by two bridges, facilitating access to the mainland and Interstate 95. Public transportation is available via PalmTrans buses. The School District of Palm Beach County includes the highly rated Alexander W. Dreyfoos School of the Arts, a top choice for creative students. While specific crime data for Palm Beach is not detailed, the county has reported lower violent crime rates compared to national averages. Home styles range from condos to historic estates, particularly in the prestigious Estate Section, known for its waterfront mansions. Potential homebuyers should consider hurricane season and flood zones when evaluating properties.
Home Prices in Palm Beach, FL
The median home sale price in Palm Beach, FL is $3,775,000, down 8% year-over-year. Homes in Palm Beach sell in 121 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$3,775,000
|
Median Single Family Sale Price
$12,375,000
|
|
Median Townhouse Sale Price
$6,000,000
|
Median 2 Bedroom Sale Price
$695,000
|
|
Median 1 Bedroom Sale Price
$342,500
|
Average Price Per Sq Ft
$2,223
|
|
Number of Homes for Sale
140
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Last 12 months Home Sales
235
|
|
Months of Supply
7.10
|
Median List Price
$4,350,000
|
|
Median Change From 1st List Price
6%
|
Median Home Sale Price YoY Change
-8%
|
Palm Beach Types of Homes for Sale
Palm Beach Real Estate Listings
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