Market Intelligence
Palm Beach County Real Estate Statistics (2026)
51+ current, sourced statistics on the Palm Beach County housing market — prices by submarket, migration, taxes, insurance, schools, and cost of living. Every figure below is attributed to a named source. Updated August 2026.
Compiled by Ernst Cenege, licensed Florida real estate agent (Statewide Realty Group). Journalists and writers are welcome to cite these figures — a link back to this page is appreciated.
Market Overview & Prices (2026)
- The single-family median sale price in Palm Beach County reached about $675,000 in early 2026, up roughly 4.3% year-over-year.(Source: Palm Beach County MLS market reports, 2026)
- Condos and townhomes carried a median price near $315,000 in 2026.(Source: Palm Beach County MLS market reports, 2026)
- Blended across all property types, the county-wide median sale price sits around $522,239.(Source: Blended Redfin, Realtor.com & Zillow, mid-2026)
- Zillow’s county-wide average home value was $471,499 in 2026, down about 2.1% year-over-year — reflecting condo-market softening pulling the all-types average down.(Source: Zillow Home Value Index, 2026)
- The median list price countywide was about $504,500 in April 2026.(Source: Realtor.com / FRED, 2026)
- Roughly 21,000+ homes were listed for sale across Palm Beach County in 2026.(Source: Aggregated MLS listing portals, 2026)
- Median single-family time-to-contract held near 42 days, with time-to-sale around 83 days.(Source: Palm Beach County MLS market reports, 2026)
- Single-family inventory eased to about 4.9 months of supply, down from 5.7 months a year earlier.(Source: Palm Beach County MLS market reports, 2026)
- Condo inventory ran higher at about 8.9 months of supply, down from 10 months a year earlier.(Source: Palm Beach County MLS market reports, 2026)
- Southeast Florida home prices are projected to grow a modest 3–5% through 2026 — not the double-digit surges of the pandemic years.(Source: Regional market forecasts, 2026)
Median Prices by Submarket (2026)
- Boca Raton — median price about $895,000, up 6.2% year-over-year (the county’s highest).(Source: Internal market data, blended sources, mid-2026)
- Jupiter — median about $884,000, up 7.3% year-over-year, with the county’s top A+ school rating.(Source: Internal market data, blended sources, mid-2026)
- Palm Beach Gardens — median about $812,000, up 5.9% year-over-year.(Source: Internal market data, blended sources, mid-2026)
- Delray Beach — median about $742,000, up 8.1% year-over-year (second-fastest appreciation).(Source: Internal market data, blended sources, mid-2026)
- Wellington — median about $689,000, with A-rated schools and equestrian acreage.(Source: Internal market data, blended sources, mid-2026)
- West Palm Beach — median about $542,000, up 9.2% year-over-year — the fastest-appreciating submarket in the county.(Source: Internal market data, blended sources, mid-2026)
- Lake Worth Beach — median about $492,000.(Source: Internal market data, blended sources, mid-2026)
- Boynton Beach — median about $478,000, up 4.8% year-over-year — the county’s most affordable submarket.(Source: Internal market data, blended sources, mid-2026)
Migration & Who’s Moving Here
- Nearly 20,000 people relocated from New York to Palm Beach County between 2017 and 2022, taking roughly $4 billion in income with them.(Source: Bloomberg / IRS migration data)
- The New York households that moved to Palm Beach County in that window had an average per-capita income near $190,000.(Source: Bloomberg / IRS migration data)
- The Miami–Fort Lauderdale–West Palm Beach metro added roughly 123,000 residents in a single recent year — among the largest numeric gains of any U.S. metro.(Source: U.S. Census Bureau)
- Florida’s net domestic migration slowed sharply to about 22,000 in 2025, down from a pandemic-era pace near 208,000 per year.(Source: University of Florida BEBR study, 2026)
- Florida gained a net 55,349 income-tax filers from interstate migration between 2022 and 2023 — second only to Texas.(Source: IRS migration data)
- Florida recorded the largest net inflow of adjusted gross income of any state — meaning arrivals earn more, on average, than those leaving.(Source: IRS migration data)
- Palm Beach County is the third-largest county in Florida, with roughly 1.5 million residents.(Source: U.S. Census Bureau, 2026)
- The city of West Palm Beach has a population of about 129,656, with a median age of 41.1.(Source: U.S. Census Bureau, 2026)
Taxes — The 0% Income Tax Advantage
- Florida charges 0% state income tax — the single biggest financial driver behind relocation into Palm Beach County.(Source: Florida Department of Revenue)
- Florida also charges 0% state estate tax.(Source: Florida Department of Revenue)
- The Homestead Exemption reduces a primary residence’s taxable value by up to $50,000.(Source: Palm Beach County Property Appraiser)
- The Save Our Homes cap limits annual growth in a homestead property’s assessed value to 3% (or the CPI change, whichever is lower — 2.9% in 2025).(Source: Palm Beach County Property Appraiser)
- Palm Beach County’s published effective property tax rate is about 0.89% of value.(Source: Palm Beach County, published rate)
- Florida’s documentary stamp tax on deeds runs $0.70 per $100 of the purchase price.(Source: Florida Department of Revenue)
Insurance & Hurricane Costs
- Florida is the most expensive state in the nation for homeowners insurance, averaging about $10,384 per year for a home with a clean five-year claims history.(Source: MoneyGeek, 2026)
- South Florida homeowners insurance (Miami-Dade, Broward, Palm Beach) averages roughly $4,375 to $7,290+ per year — the highest-cost region in the state.(Source: MoneyGeek, 2026)
- Flood insurance is separate from homeowners coverage; a standard NFIP policy averages about $1,363 per year, rising to $2,000–$15,000+ in high-risk coastal zones.(Source: NerdWallet / NFIP, 2026)
- Florida’s Office of Insurance Regulation approved a statewide average rate decrease for Citizens Property Insurance effective June 1, 2026 — the first reduction since 2015.(Source: Florida Office of Insurance Regulation, 2026)
- Wind insurance on barrier-island and near-coastal properties can run 3 to 5 times mainland rates.(Source: Florida coastal insurance market data, 2026)
- Hurricane season runs June 1 through November 30 every year.(Source: National Weather Service)
Cost of Living & Demographics
- West Palm Beach’s median household income is about $73,446.(Source: U.S. Census Bureau)
- Palm Beach County unemployment was 4.4% in May 2026, up from 3.3% a year earlier.(Source: U.S. Bureau of Labor Statistics, 2026)
- The average one-way commute in West Palm Beach is 23.4 minutes, versus a 26.4-minute national average.(Source: U.S. Census Bureau / Data USA)
- Infant center-based daycare in Palm Beach County runs roughly $1,300–$1,900 per month, above Florida’s statewide average near $1,050.(Source: Daycare Cost Guide, 2026)
- West Palm Beach carries an 82 Walk Score — the highest of any Palm Beach County submarket.(Source: Walk Score, 2026)
- West Palm Beach averages about 233 sunny days a year — and about 63 inches of rain, making it the 4th-rainiest city in the United States.(Source: NOAA / U.S. climate data, 2026)
- Florida’s ACA marketplace premiums saw an approved weighted-average increase of 31.5% for 2026.(Source: healthinsurance.org, 2026)
Schools
- The Palm Beach County School District serves 191,428 students across 235 schools.(Source: Palm Beach County School District, 2026)
- It is the 10th-largest public school system in the United States and the 5th-largest in Florida.(Source: U.S. Census / district data, 2026)
- The district’s student-teacher ratio is 17:1, better than Florida’s statewide 18:1 average.(Source: Public school data, 2026)
Buyer Costs
- Florida buyer closing costs typically run 2–4% of the purchase price — lender fees, title insurance, appraisal, inspection, and prepaid items.(Source: Houzeo / Amerisave, 2026)
- A 20% down payment on the county-wide median (~$522,000) is about $104,400; on Boca Raton’s median (~$895,000) it is about $179,000.(Source: Calculated from median prices, 2026)
- All-in cash to close on the county median home typically runs about $105,000–$135,000 including down payment and closing costs.(Source: Calculated from median prices and closing-cost ranges, 2026)
About the Author
Ernst Cenege is a licensed Florida real estate agent specializing in Palm Beach County relocation, brokered by Statewide Realty Group. He tracks the county’s eight submarkets and the tax, insurance, and cost-of-living factors that actually drive relocation decisions. For the full picture, see thecomplete relocation guideor book a free consultation.