Hypoluxo home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Hypoluxo rose by $23,000 while total sales increased by 36.8%, according to BlockShopper.com.

In October 2020, there were 26 homes sold, with a median sale price of $215,000 - a 12% increase over the $192,000 median sale price for the same period of the previous year. There were 19 homes sold in Hypoluxo in October 2019.

The median sales tax in Hypoluxo for the most recent year with available data, 2018, was $2,360, approximately 1.1% of the median home sale price for October 2020.

The following table compares Hypoluxo to other Palm Beach County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Lake Park1320-35%$250,000$199,59225.3%
Sandalfoot Cove CDP48449.1%$242,000$215,50012.3%
Riviera Beach79755.3%$242,000$199,00021.6%
Lantana24229.1%$237,500$222,5006.7%
Royal Palm Beach (unincorporated)6061-1.6%$226,500$129,60074.8%
Hypoluxo261936.8%$215,000$192,00012%
Boynton Beach19116118.6%$215,000$180,00019.4%
Haverhill34-25%$200,000$265,000-24.5%
Palm Springs2832-12.5%$186,000$121,20053.5%
West Boca39-66.7%$181,000$170,0006.5%
Greenacres6690-26.7%$172,500$188,050-8.3%

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