Real Estate Market Update for 33415 (West Palm Beach, FL)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 47% from one year earlier, and down 9% 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 over 130-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 45%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 50-thousand dollars. The number of units sold decreased 25% year-over-year, and increased 50% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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.
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Map Information for 33415 (West Palm Beach, FL)
Area Information for 33415 (West Palm Beach, FL)
  • Population: 49,142
  • Median Age: 36.28 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 6,642/sq mi
  • Population Change Since 2000: 24.41%
  • Closest Airport: Palm Beach International
  • Closest College: Keiser University-west Palm Beach
  • Closest Jr. College: Palm Beach Community College-lake Worth
  • Median Household Income: $35,870
  • Annual Residential Turnover: 15%
  • Median Home Sales Price: $75,000
  • Closest Major Sports Team: Jupiter Hammerheads (a)
  • Change Avg. Household Income Since 2000: 8.58%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33415 (West Palm Beach, FL)
Median Age: 36.28 Married: 29% Number of Households: 17,655 Households with Children: 5,997
    • 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 33415 (West Palm Beach, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Summit Christian School 0.6 mi Private PRESCHOOL-12 0 0
      West Palm Beach Jr Academy 0.9 mi Private PRESCHOOL-8 0 0
      Pace Center For Girls 0.9 mi Public 6-12 0 0
      The Open Doorway Inc 1.0 mi Private 1-10 0 0
      Forest Hill Elementary School 1.0 mi Public K-5 1 0
      Melaleuca Elementary School 1.0 mi Public PRESCHOOL-5 2 0
      Pine Jog Elementary School 1.1 mi Public PRESCHOOL-5 3 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: Onboard Informatics © 2015. School Performance data by School Review data by
      Local Weather for 33415 (West Palm Beach, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.