Is Palm Beach, FL 33480 a buyer’s or seller’s market?
Palm Beach is a buyer’s market. With about 6.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 0% of U.S. ZIP codes, and #771 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
The Palm Beach housing market right now
In the three months ending August 31, 2026, 2% of homes in Palm Beach, FL 33480 sold above their list price, the typical home went under contract in 131 days and there were 6.8 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 126 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (1% then), homes sold faster (165 days then) and the median sale price rose 8% to $1,781,729. Overall, Palm Beach is more competitive than a year ago, so tougher for buyers.
Within Palm Beach County, homes here sell more slowly than in 98% of the county’s ZIP codes, and sell less often over asking than in 94%. On our competition score, Palm Beach ranks #771 of 796 FL ZIP codes with enough sales (score 3 out of 100).
Nearby, South Bay 33493 (25% sold over asking) and West Palm Beach 33406 (19% sold over asking) are even more competitive.
Run the numbers for 33480
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 →Towns like Palm Beach nearby
Find towns like Palm Beach in other states →Where Palm Beach is
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Questions about Palm Beach real estate
Is Palm Beach a buyer’s or seller’s market?
A buyer’s market: there were 6.8 months of supply in Palm Beach, FL 33480 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 Palm Beach?
The typical home went under contract in 131 days in the latest three months.
Do homes in Palm Beach sell over asking?
2% of homes sold above their original list price, and the typical sale closed at 92.5% of the list price.
What are property taxes in 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 Palm Beach?
The median sale price was $1,781,729 in the three months ending August 31, 2026, about $1,201 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