Is North Palm Beach, FL 33408 a buyer’s or seller’s market?

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

North Palm Beach is a buyer’s market. With about 7.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score4/ 100

More competitive than 1% of U.S. ZIP codes, and #758 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 supply7.9Under 4 months = seller’s market
Sold above original list3.8%Share of sales, last 3 months
Median sale-to-list94.2%Sold price ÷ list price
Median days on market117Listing to accepted offer
Median price per sq ft$406▲ +21.1% vs. last year

The North Palm Beach housing market right now

In the three months ending August 31, 2026, 4% of homes in North Palm Beach, FL 33408 sold above their list price, the typical home went under contract in 117 days and there were 7.9 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 109 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (3% then), homes sold faster (123 days then) and the median sale price rose 13% to $597,242. Overall, North Palm Beach is more competitive than a year ago, so tougher for buyers.

Within Palm Beach County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 84%. On our competition score, North Palm Beach ranks #758 of 796 FL ZIP codes with enough sales (score 4 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 North Palm Beach is

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Questions about North Palm Beach real estate

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

A buyer’s market: there were 7.9 months of supply in North Palm Beach, FL 33408 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 North Palm Beach?

The typical home went under contract in 117 days in the latest three months.

Do homes in North Palm Beach sell over asking?

4% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.

What are property taxes in North 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 North Palm Beach?

The median sale price was $597,242 in the three months ending August 31, 2026, about $406 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