The median sale price of a home sold in October 2020 in Lake Worth rose by $13,510 while total sales increased by 1.9%, according to BlockShopper.com.
In October 2020, there were 267 homes sold, with a median sale price of $272,000 - a 5.2% increase over the $258,490 median sale price for the same period of the previous year. There were 262 homes sold in Lake Worth in October 2019.
The median sales tax in Lake Worth for the most recent year with available data, 2018, was $2,593, approximately 1% of the median home sale price for October 2020.
The following table compares Lake Worth to other Palm Beach County cities with similar median sales prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Boca Raton (unincorporated) | 305 | 236 | 29.2% | $313,000 | $278,000 | 12.6% |
| Boca Del Mar CDP | 47 | 42 | 11.9% | $313,000 | $297,500 | 5.2% |
| Boynton Beach (unincorporated) | 276 | 205 | 34.6% | $299,950 | $262,500 | 14.3% |
| Delray Beach | 193 | 151 | 27.8% | $290,000 | $250,000 | 16% |
| Loxahatchee Groves | 6 | 6 | 0% | $280,000 | $356,234.54 | -21.4% |
| Lake Worth | 267 | 262 | 1.9% | $272,000 | $258,490 | 5.2% |
| Lake Worth Corridor CDP | 11 | 24 | -54.2% | $260,000 | $209,500 | 24.1% |
| North Palm Beach | 56 | 30 | 86.7% | $257,625 | $347,500 | -25.9% |
| Royal Palm Beach | 93 | 70 | 32.9% | $256,550 | $234,450 | 9.4% |
| West Palm Beach | 321 | 247 | 30% | $255,000 | $197,000 | 29.4% |
| Lake Park | 13 | 20 | -35% | $250,000 | $199,592 | 25.3% |
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