Is West Palm Beach, FL 33404 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

West Palm Beach is a buyer’s market. With about 7.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score7/ 100

More competitive than 2% of U.S. ZIP codes, and #697 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply7.7Under 4 months = seller’s market
Sold above original list7.2%Share of sales, last 3 months
Median sale-to-list95%Sold price ÷ list price
Median days on market140Listing to accepted offer
Median price per sq ft$325▲ +3.4% vs. last year

The West Palm Beach housing market right now

In the three months ending August 31, 2026, 7% of homes in West Palm Beach, FL 33404 sold above their list price, the typical home went under contract in 140 days and there were 7.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 129 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (94 days then) and the median sale price rose 21% to $459,801. Overall, West Palm Beach is less competitive than a year ago, which gives buyers more room.

Within Palm Beach County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 51%. On our competition score, West Palm Beach ranks #697 of 796 FL ZIP codes with enough sales (score 7 out of 100).

Nearby, buyers who want less competition could look at Pahokee 33476 (0% sold over asking) or Boca Raton 33432 (0% sold over asking), while South Bay 33493 (25% sold over asking) and West Palm Beach 33406 (19% sold over asking) are even more competitive.

Nearby markets

Belle Glade 33430Buyer’s market $225 /sq ftBoca Raton 33428Balanced $312 /sq ftBoca Raton 33431Balanced $427 /sq ftBoca Raton 33432Buyer’s market $856 /sq ft Browse all markets →

Where West Palm Beach is

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Questions about West Palm Beach real estate

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

A buyer’s market: there were 7.7 months of supply in West Palm Beach, FL 33404 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 140 days in the latest three months.

Do homes in West Palm Beach sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.

What are property taxes in West Palm Beach?

About 0.86% of a home’s value a year in Palm Beach County, or roughly $3,440 on a $400,000 home.

What is the median home price in West Palm Beach?

The median sale price was $459,801 in the three months ending August 31, 2026, about $325 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