The housing market in 33480 Palm Beach, FL is highly sought after. With a median home value of $1,248,300, it is significantly higher than the US house median value of $338,100. This area has had a rapid appreciation rate over the past year at 22.04%, much higher than the national average of 8.27%. Clearly this market shows potential for growth and prosperity, making it a great investment opportunity for buyers looking to capitalize on the recent trend.
The median home cost in Palm Beach (zip 33480) is $1,248,300. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Palm Beach (zip 33480) is up 27.8%.
Average Age of Homes
- The median age of Palm Beach (zip 33480) real estate is 45 years old
The Rental Market in Palm Beach (zip 33480)
- Renters make up 6.9% of the Palm Beach (zip 33480) population
- 1.1% of houses and apartments in Palm Beach (zip 33480), 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.