Real Estate Market Update for 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 36% from one year earlier, and down 19% 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 120-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 125%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 70-thousand dollars. The number of units sold increased 77% year-over-year, and increased more than 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.
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Map Information for West Palm Beach, FL
Area Information for West Palm Beach, FL
  • Population: 102,130
  • Median Age: 39.29 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,847/sq mi
  • Population Change Since 2000: 24.74%
  • 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: $48,709
  • Annual Residential Turnover: 18%
  • Median Home Sales Price: $123,950
  • Closest Major Sports Team: Jupiter Hammerheads (a)
  • Change Avg. Household Income Since 2000: 37.2%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for West Palm Beach, FL
Median Age: 39.29 Married: 31% Number of Households: 43,965 Households with Children: 9,432
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 West Palm Beach, FL

      School Name Distance Type Grades School Rating Parent Rating
      The King's Academy 0.7 mi Private PRESCHOOL-12 0 0
      Royal Palm Beach High School 1.5 mi Public 9-12 3 3
      Berean Christian School 1.6 mi Private PRESCHOOL-12 0 0
      Benoist Farms Elementary School 1.7 mi Public PRESCHOOL-5 2 0
      Everglades Elementary School 1.9 mi Public K-5 4 0
      Indian Ridge School 2.0 mi Public K-12 1 0
      Western Academy Charter School 2.2 mi Public K-8 5 0
      Hooked On Learning 2.4 mi Private 3-12 0 0
      The Learning Foundation Of Florida 2.4 mi Private 3-12 0 0
      Cypress Trails Elementary School 2.5 mi Public K-5 4 0
      Crestwood Community Middle School 2.7 mi Public 6-8 3 0
      H. L. Johnson Elementary School 3.0 mi Public PRESCHOOL-5 5 0
      Palm Beach Central Community High School Adult 3.1 mi Public 9-12 0 0
      Palm Beach Central High School 3.1 mi Public 9-12 4 3
      Wellington Christian School 3.2 mi Private PRESCHOOL-12 0 0
      Royal Palm Beach Elementary School 3.2 mi Public K-5 4 0
      Cholee Lake Elementary School 3.4 mi Public PRESCHOOL-5 2 0
      Elbridge Gale Elementary School 3.4 mi Public PRESCHOOL-5 4 0
      Wynnebrook Elementary School 3.6 mi Public PRESCHOOL-5 3 0
      Education Place 3.6 mi Private 3-11 0 0
      Pine Jog Elementary School 3.7 mi Public PRESCHOOL-5 3 0
      Okeeheelee Middle School 3.7 mi Public 6-8 2 0
      Goliath Academy 4.0 mi Private 9-12 0 0
      Melaleuca Elementary School 4.0 mi Public PRESCHOOL-5 2 0
      Emerald Cove Middle School 4.0 mi Public 6-8 4 0
      Equestrian Trails Elementary School 4.1 mi Public PRESCHOOL-5 5 0
      Hope-centennial Elementary School 4.2 mi Public K-5 1 0
      Wellington Elementary School 4.3 mi Public PRESCHOOL-5 3 0
      Grassy Waters Elementary School 4.3 mi Public PRESCHOOL-5 2 0
      Jeaga Middle School 4.4 mi Public 6-8 1 0
      Liberty Park Elementary School 4.9 mi Public PRESCHOOL-5 2 0
      Summit Christian School 5.1 mi Private PRESCHOOL-12 0 0
      Forest Hill Elementary School 5.2 mi Public K-5 1 0
      Wellington High Adult Education Center 5.2 mi Public 9-12 0 0
      Wellington High School 5.2 mi Public 9-12 4 4
      New Horizons Elementary School 5.5 mi Public PRESCHOOL-5 3 5
      Seminole Trails Elementary School 5.7 mi Public PRESCHOOL-5 1 0
      Binks Forest Elementary School 5.7 mi Public K-5 5 0
      Egret Lake Elementary School 5.9 mi Public K-5 1 0
      Berkshire Elementary School 6.0 mi Public PRESCHOOL-5 3 0
      Wellington Landings Middle School 6.1 mi Public 6-8 5 0
      Bear Lakes Middle School 6.1 mi Public 6-8 1 0
      Palm Springs Middle School 6.2 mi Public 6-8 2 0
      Western Pines Community Middle School 6.4 mi Public 6-8 4 0
      Golden Grove Elementary School 6.4 mi Public K-5 4 0
      West Gate Elementary School 6.4 mi Public PRESCHOOL-5 1 0
      Renaissance Charter School At West Palm Beach 6.6 mi Public K-8 1 0
      Leadership Academy West 6.6 mi Public 9-12 1 0
      Riviera Beach Preparatory & Achievement Academy 6.7 mi Public 9-12 1 0
      K-8 Flva Virtual School Continuity Program 6.7 mi Public K-8 5 0
      Renaissance Learning Academy 6.7 mi Public 9-12 0 0
      Palm Beach Virtual Franchise 6.9 mi Public 6-12 5 3
      Palm Beach Lakes High School 6.9 mi Public 9-12 1 3
      Palm Beach Virtual Instruction Program 6.9 mi Public K-12 3 0
      Matlock Academy 7.2 mi Private 9-12 0 0
      Worthington High School 7.2 mi Public 9-12 1 0
      Meadow Park Elementary School 7.3 mi Public PRESCHOOL-5 3 0
      Atlantis Academy Palm Beaches 7.5 mi Private K-12 0 0
      G-star School Of The Arts 7.5 mi Public 9-12 4 3
      Learning Path Academy 7.7 mi Public PRESCHOOL-5 0 0
      Renaissance Charter School At Summit 7.7 mi Public -8 0 0
      Bak Middle School Of The Arts 7.8 mi Public 6-8 5 0
      Belvedere Elementary School 8.1 mi Public K-5 2 0
      Conniston Middle School 8.2 mi Public 6-8 2 0
      Palmetto Elementary School 8.3 mi Public K-5 1 0
      Alexander W Dreyfoos Junior School Of The Arts 8.4 mi Public 9-12 5 4
      Forest Hill Community High School 8.5 mi Public 9-12 1 3
      Highridge Family Center 8.5 mi Public 5-12 1 0
      U. B. Kinsey/palmview Elementary School 8.6 mi Public PRESCHOOL-5 2 0
      Palm Beach Virtual Instruction (course Offerings) 8.7 mi Public 6-12 0 0
      North Technical Education Center 8.7 mi Public UNGRADE-UNGRADE 0 0
      Saint Ann Catholic School 8.9 mi Catholic PRESCHOOL-8 0 0
      Pleasant City Elementary School 9.0 mi Public PRESCHOOL-5 1 0
      Suncoast Community High School 9.1 mi Public 9-12 5 4
      John F. Kennedy Middle School 9.1 mi Public 6-8 1 0
      Grove Park Elementary School 9.1 mi Public K-5 1 0
      South Olive Elementary School 9.2 mi Public K-5 4 0
      Washington Elementary Magnet School 9.5 mi Public PRESCHOOL-5 2 0
      Northboro Elementary School 9.5 mi Public PRESCHOOL-5 2 0
      Roosevelt Middle School 9.7 mi Public 6-8 2 3
      Riviera Beach Maritime Academy 9.9 mi Public 9-12 3 3
      Gardens School Of Technology Arts Inc 10.2 mi Public K-8 4 0
      Inlet Grove Community High School 10.2 mi Public 9-12 2 3
      His Academy/institute 10.7 mi Private 3-12 0 0
      Palm Beach Gardens High School 10.7 mi Public 9-12 2 3
      Howell L. Watkins Middle School 10.7 mi Public 6-8 1 0
      Church In The Gardens Preschool 10.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      Coastal Middle & Sr High School 10.9 mi Private 9-12 0 0
      Lake Park Elementary School 11.0 mi Public K-5 2 0
      Palm Beach Gardens Elementary School 11.1 mi Public PRESCHOOL-5 4 0
      Bright Futures Academy 11.4 mi Public K-8 3 0
      Timber Trace Elementary School 11.8 mi Public PRESCHOOL-5 5 0
      Allamanda Elementary School 11.9 mi Public K-5 3 0
      Watson B. Duncan Middle School 11.9 mi Public 6-8 4 0
      Marsh Pointe Elementary School 12.3 mi Public K-5 5 0
      The Benjamin School 12.8 mi Private PRESCHOOL-12 0 0
      North Palm Beach Elementary School 13.3 mi Public PRESCHOOL-5 2 0
      Dwight D. Eisenhower Elementary School 13.3 mi Public PRESCHOOL-5 2 0
      William T. Dwyer High School 13.9 mi Public 9-12 4 3
      Juno Beach Preparatory School 14.9 mi Private K-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: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 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.