Royal Palm Beach, FL is an excellent place to invest in housing. The median value of a house in Royal Palm Beach is $463,200, which is significantly higher than the US median value of $338,100. In the past year, houses in Royal Palm Beach have appreciated by 22.04%, substantially more than the national appreciation rate of 8.27%. This indicates that now is an ideal time to purchase a home in Royal Palm Beach as it could provide great returns on investment down the line.
The median home cost in Royal Palm Beach is $463,200. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Royal Palm Beach is up 27.8%.
Average Age of Homes
- The median age of Royal Palm Beach real estate is 26 years old
The Rental Market in Royal Palm Beach
- Renters make up 18.0% of the Royal Palm Beach population
- 1.3% of houses and apartments in Royal Palm Beach, 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.