April 2021: Home prices in Royal Palm Beach increased

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The median sale price of a home sold in April 2021 in Royal Palm Beach rose by $68,900 while total sales increased by 57.4%, according to BlockShopper.com.

In April 2021, there were 85 homes sold, with a median sale price of $319,900 - a 27.5% increase over the $251,000 median sale price for the same period of the previous year. There were 54 homes sold in Royal Palm Beach in April 2020.

The median sales tax in Royal Palm Beach for the most recent year with available data, 2018, was $2,495, approximately 0.8% of the median home sale price for April 2021.

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

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Palm Beach Gardens19411963%$405,000$363,50011.4%
Uninc-33413/West Palm Beach Canal20-$351,000$0-
Boca Raton (unincorporated)25918043.9%$320,000$302,0006%
Royal Palm Beach855457.4%$319,900$251,00027.5%
Lake Worth28220736.2%$315,000$275,00014.5%
South Palm Beach167128.6%$314,000$330,000-4.8%
North Palm Beach684551.1%$305,000$295,0003.4%
Delray Beach20813356.4%$293,500$280,0004.8%

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