January 2021: Home prices in Royal Palm Beach (unincorporated) increased

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The median sale price of a home sold in January 2021 in Royal Palm Beach (unincorporated) rose by $151,250 while total sales increased by 4.2%, according to BlockShopper.com.

In January 2021, there were 50 homes sold, with a median sale price of $292,000 - a 107.5% increase over the $140,750 median sale price for the same period of the previous year. There were 48 homes sold in Royal Palm Beach (unincorporated) in January 2020.

The median sales tax in Royal Palm Beach (unincorporated) for the most recent year with available data, 2018, was $2,435, approximately 0.8% of the median home sale price for January 2021.

The following table compares Royal Palm Beach (unincorporated) 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)
Riviera Beach977038.6%$315,000$181,95073.1%
Boca Raton (unincorporated)220233-5.6%$311,450$255,00022.1%
Delray Beach19515228.3%$295,000$262,50012.4%
Boynton Beach (unincorporated)23020512.2%$293,250$253,00015.9%
Royal Palm Beach (unincorporated)50484.2%$292,000$140,750107.5%
Lake Worth213219-2.7%$290,000$230,00026.1%
Boca Del Mar CDP40385.3%$270,000$250,0008%
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%

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