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Palm Beach

Why you'd want to live in Palm Beach

After over 100 years of graceful evolution, Palm Beach today is a fully developed community, world-renowned for its beauty, quality of life and small-town character. It is home to “Captains of Industry” and the world famous Worth Avenue. Approximately 9,000 citizens make Palm Beach their year-round home, and about 20,000 more have a seasonal home in Palm Beach where they enjoy the winter months. Together, these residents of Palm Beach donate more money per capita to charities than any other community in America. The Town is governed by an elected Mayor and a five-member Council, operates under the Council-Manager form of government, and provides a full range of quality municipal services. It has an active historic preservation program, strict zoning standards, high levels of public safety and public works services, 3 miles of public beaches, and a wide array of recreation programs, including award winning golf and tennis facilities.

Palm Beach Market Report

$6,481,014

AVERAGE PRICE OF 461 HOMES

$10,566,120

AVERAGE PRICE OF 277 MULTI-MILLION DOLLAR HOMES

$29,726,610

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$13,505,290

AVERAGE PRICE OF 137 HOMES WITH A POOL

$2,186,433

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $6,481,014
Avg Bedrooms 2.67 beds
Avg Bathrooms 3.25 baths

Average Price by Bedrooms

1 bedroom $776,396
2 bedrooms $1,516,648
3 bedrooms $5,176,479
4 bedrooms $9,403,927
5 bedrooms $16,264,280
Palm Beach Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 530 565 549 532 489
Average Price $6,624,143 $6,855,711 $7,040,924 $6,949,030 $7,127,338
Avg Price Change -3.50% -2.70% +1.32% -2.57% +2.59%
Median Price $1,996,375 $2,293,714 $2,345,945 $2,313,528 $2,231,455
Med Price Change -14.89% -2.28% +1.40% +3.68% +5.13%
Avg Bedrooms 2.69 beds 2.72 beds 2.77 beds 2.83 beds 2.83 beds
Avg Bathrooms 3.25 baths 3.3 baths 3.33 baths 3.35 baths 3.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Forest Hill 10 $1,493,700 100 days
Total Homes Average Price Avg Days on Site
All Homes 461 $6,481,014 139 days
Multi-Million Dollar Homes 277 $10,566,120 147 days
Newly Built Homes 18 $29,726,610 136 days
Homes with a Pool 137 $13,505,290 140 days
Reduced Price Homes 9 $2,186,433 145 days
Doug Campion - Re/Max 1st Choice
5080 PGA Boulevard
Palm Beach Gardens, FL 33418
561-339-6969
UP5DB701E1507748.jpg
Michael Reed
Mortgage Advisor
NMLS-60135
951 Yamato Road Suite 150
Boca Raton, FL
Office: (855) 762-2735
mreed@financeofamerica.com

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