Is West Palm Beach, FL 33402 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

West Palm Beach is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.4%Sold price ÷ list price
Median days on market137Listing to accepted offer
Median price per sq ft$363▲ +2.6% vs. last year

The West Palm Beach housing market right now

In the three months ending August 31, 2026, 0% of homes in West Palm Beach, FL 33402 sold above their list price, the typical home went under contract in 137 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (222 days then) and the median sale price rose 70% to $679,706. Overall, West Palm Beach is more competitive than a year ago, so tougher for buyers.

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Questions about West Palm Beach real estate

Is West Palm Beach a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in West Palm Beach, FL 33402 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in West Palm Beach?

The typical home went under contract in 137 days in the latest three months.

Do homes in West Palm Beach sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.

What is the median home price in West Palm Beach?

The median sale price was $679,706 in the three months ending August 31, 2026, about $363 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology