Palm Beach, FL County is a popular place to live due to its high median housing value of $447,100. This is significantly higher than the national average of $338,100 and also shows an impressive one-year appreciation rate of 20.71%, which is 12.44% more than the US average of 8.27%. Real estate in Palm Beach has seen a steady increase in value over the past year, making it a great investment for those looking to settle down in this area.
The median home cost in Palm Beach County is $447,100. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Palm Beach County is up 27.8%.
Average Age of Homes
- The median age of Palm Beach County real estate is 32 years old
The Rental Market in Palm Beach County
- Renters make up 23.6% of the Palm Beach County population
- 2.0% of houses and apartments in Palm Beach County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.