Real Estate Market Update for 33404 (West Palm Beach, FL)
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 41% from one year earlier, and down 32% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 100-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 2%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 80-thousand dollars. The number of units sold increased 150% year-over-year, and increased 150% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 33404 (West Palm Beach, FL)
Area Information for 33404 (West Palm Beach, FL)
  • Population: 27,923
  • Median Age: 39.31 yr
  • Median Commute Time: 19.76 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 3,631/sq mi
  • Population Change Since 2000: -.63%
  • Closest Airport: Palm Beach International
  • Closest College: Lincoln College Of Tech And Culinary
  • Closest Jr. College: Palm Beach Community College-lake Worth
  • Median Household Income: $36,328
  • Annual Residential Turnover: 17.9%
  • Median Years in Residence: 2.68 yr
  • Median Home Sales Price: $87,199
  • Closest Major Sports Team: Florida Panthers
  • Change Avg. Household Income Since 2000: 17%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33404 (West Palm Beach, FL)
Median Age: 39.31 Married: 23% Number of Households: 11,421 Households with Children: 3,293
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 33404 (West Palm Beach, FL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Roosevelt Middle School 0.3 mi Public 6-8 3 3
      John F. Kennedy Middle School 0.4 mi Public 6-8 1 2
      Potentials Charter School 0.4 mi Public PRESCHOOL-5 0 5
      Lincoln Elementary School 0.5 mi Public PRESCHOOL-5 2 3
      R J Hendley Christian Education 0.6 mi Private PRESCHOOL-8 0 4
      Dr. Mary Mcleod Bethune Elementary School 0.6 mi Public K-5 2 3
      Inlet Grove Community High School 0.7 mi Public 9-12 2 3
      Suncoast Community High School 0.7 mi Public 9-12 5 4
      Washington Elementary Magnet School 0.8 mi Public PRESCHOOL-5 2 2
      West Riviera Elementary School 0.8 mi Public PRESCHOOL-5 1 4
      Riviera Beach Maritime Academy 1.0 mi Public 9-12 3-5 3
      Palm Beach Virtual Instruction (course Offerings) 1.1 mi Public - 0 0
      Inlet Grove High Adult 1.1 mi Public 9-12 0 0
      Bethel Junior Academy 1.1 mi Private K-8 0 0
      Oak Grove Academy 1.2 mi Public 6-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 33404 (West Palm Beach, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.