Palm Beach Gardens, FL is an affluent city with a median housing value of $607,500. This is far higher than the US house median value of $338,100 and reflects the city's desirability and high level of living standards. The US has experienced a 1 year house appreciation rate of 8.27%, however in Palm Beach Gardens this rate is much higher at 22.04%. This shows that investing in property in Palm Beach Gardens is worthwhile as it has been outperforming the average American market over the past year.
The median home cost in Palm Beach Gardens is $607,500. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Palm Beach Gardens is up 27.8%.
Average Age of Homes
- The median age of Palm Beach Gardens real estate is 24 years old
The Rental Market in Palm Beach Gardens
- Renters make up 23.1% of the Palm Beach Gardens population
- 2.0% of houses and apartments in Palm Beach Gardens, 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.