Is West Palm Beach, FL 33405 a buyer’s or seller’s market?

The West Palm Beach housing market right now

In the three months ending August 31, 2026, 4% of homes in West Palm Beach, FL 33405 sold above their list price, the typical home went under contract in 70 days and there were 5.2 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. That’s based on 72 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold about as fast and the median sale price rose 7% to $952,088. Overall, West Palm Beach is less competitive than a year ago, which gives buyers more room.

Within Palm Beach County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in 78%. On our competition score, West Palm Beach ranks #652 of 796 FL ZIP codes with enough sales (score 10 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.