What happened to the median home price in Hypoluxo during January 2021?

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The median sale price of a home sold in January 2021 in Hypoluxo rose by $23,250 while total sales decreased by 14.3%, according to BlockShopper.com.

In January 2021, there were 12 homes sold, with a median sale price of $189,500 - a 14% increase over the $166,250 median sale price for the same period of the previous year. There were 14 homes sold in Hypoluxo in January 2020.

The median sales tax in Hypoluxo for the most recent year with available data, 2018, was $2,360, approximately 1.2% of the median home sale price for January 2021.

The following table compares Hypoluxo to other Palm Beach County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Lake Park141216.7%$256,750$233,50010%
Lake Worth Corridor CDP181250%$243,750$216,70012.5%
Boynton Beach165167-1.2%$229,000$183,00025.1%
West Palm Beach26424010%$228,000$190,00020%
Sandalfoot Cove CDP31310%$206,000$234,500-12.2%
Hypoluxo1214-14.3%$189,500$166,25014%
Greenacres7282-12.2%$173,000$155,00011.6%
West Palm Beach (unincorporated)180207-13%$165,250$165,0000.2%
Palm Springs31296.9%$165,000$170,000-2.9%
Mangonia Park220%$153,550$83,206.8684.5%
Belle Glade440%$152,000$193,500-21.4%

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