West Palm Beach (Palm Beach County) home prices rose in January 2021

Medium realestate4

The median sale price of a home sold in January 2021 in West Palm Beach in Palm Beach County rose by $38,000 while total sales increased by 10%, according to BlockShopper.com.

In January 2021, there were 264 homes sold, with a median sale price of $228,000 - a 20% increase over the $190,000 median sale price for the same period of the previous year. There were 240 homes sold in West Palm Beach in January 2020.

The median sales tax in West Palm Beach for the most recent year with available data, 2018, was $2,805, approximately 1.2% of the median home sale price for January 2021.

The following table compares West Palm Beach 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)
Royal Palm Beach876631.8%$269,000$260,999.503.1%
South Palm Beach14955.6%$260,000$310,000-16.1%
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%
West Palm Beach (unincorporated)180207-13%$165,250$165,0000.2%
Palm Springs31296.9%$165,000$170,000-2.9%
* This story only considers sales data for the part of West Palm Beach that is in Palm Beach County.

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