Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$475,754+2.3% YoY · prices are rising
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 16% have cut their price
Income needed to buy, per year$103,134About 1.2× the local median income ($84,857): a stretch for a typical household
Days on market72 daysFaster than a year ago: sellers have the edge
Next 12 months+0.7%Zillow expects prices to rise slightly
The typical home in Palm Beach County, FL is worth $475,754, up 2.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $419,663, so the area is 13.4% overvalued. It is a balanced market, leaning toward sellers: homes take about 72 days to sell, listings are down 14% from a year ago, 16% of listings have had a price cut. Zillow expects prices to rise about 0.7% over the next year. A household needs about $103,134 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,857. Typical rent is $2,673 a month, or $3,458 for a house. In the latest IRS figures, 1,374 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$475,754
Change in 1 year
+2.3%
Overvalued %
+13.4%
Show 7 more
Fair home value
$419,663
Change in 5 years
+26.0%
Zillow forecast, next 12 months
+0.7%
Home value to income
5.6×
Monthly mortgage payment (20% down)
$2,578
Income needed to afford it
$103,134
Property tax rate
0.86%
Rent and investing
Typical rent
$2,673
Typical rent for houses
$3,458
Price-to-rent ratio
14.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,349
Gross rental yield
6.74%
Cap rate (estimate)
4.38%
Market activity
Listings vs a year ago
−14.4%
Days on market
72
Listings with a price cut
16.0%
Show 3 more
Homes for sale
10,566
Pending sales per 100 listings
27
Asking price per sq ft
$306
People and jobs
Median household income
$84,857
Population change (1 year)
+0.1%
Unemployment rate
5.5%
Show 4 more
Population
1,575,726
Income adjusted for cost of living
$74,306
Net moves in (IRS)
−1,374
Cost of living (US = 100)
114.2
Schools, risk and environment
School rating (1 to 10)
6.0
FEMA hazard risk score (0 to 100)
99.2
Unhealthy air days a year
0
Show 4 more
Flood risk score
98.9
Wildfire risk score
95.3
Walkability (1 to 20)
10.7
Road, rail and air noise
54 dB
Questions people ask
Is Palm Beach County, FL overvalued?
Home prices in Palm Beach County, FL are well above what local incomes have historically supported: fair value is about $419,663, so the area is 13.4% overvalued.
Is Palm Beach County, FL a buyer's or seller's market?
Palm Beach County, FL is a balanced market, leaning toward sellers: homes take about 72 days to sell, listings are down 14% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Palm Beach County, FL?
Home values in Palm Beach County, FL are up 2.3% over the last year. Zillow's forecast for the next 12 months is +0.7%.
How much do you need to earn to buy a home in Palm Beach County, FL?
A household needs about $103,134 a year to afford the typical home in Palm Beach County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,857.