Zip 33405 (West Palm Beach, FL) Housing

The housing market in 33405 West Palm Beach, FL is booming. The median value of homes there is $489,200, which is significantly more than the US house median value of $338,100. In the last year alone, home values have appreciated by an impressive 22.04%, compared to the national average of 8.27%. This area is currently experiencing a surge in interest due to its desirable location and strong economy. Furthermore, with increasing demand for housing and limited supply, it appears that this trend will continue for some time.

The median home cost in West Palm Beach (zip 33405) is $489,200. Home appreciation the last 10 years has been 200.8%. Home Appreciation in West Palm Beach (zip 33405) is up 27.8%.

Average Age of Homes

- The median age of West Palm Beach (zip 33405) real estate is 63 years old

The Rental Market in West Palm Beach (zip 33405)

- Renters make up 33.1% of the West Palm Beach (zip 33405) population
- 0.9% of houses and apartments in West Palm Beach (zip 33405), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	West Palm Beach, Florida	United States
	9,245.0	139,647,020.0
	65	42
	$489,200	$338,100
	27.8%	16.6%
	80.3%	57.0%
	200.8%	101.1%
	$7.74	$10.98
	$2,366	$2,690
	53.0%	57.4%
	9.5%	11.2%
	37.5%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	3.2%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.2%	2.4%
	2.2%	2.8%
	0.5%	3.9%
	0.4%	4.5%
	7.7%	11.3%
	9.9%	13.0%
	26.1%	20.1%
	21.3%	13.6%
	6.4%	8.3%
	13.1%	9.7%
	3.6%	3.9%
	3.3%	2.2%
	2.0%	0.8%
	1.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.5%	13.6%
	2.5%	13.6%
	3.9%	13.6%
	8.8%	13.2%
	10.3%	14.8%
	3.9%	13.6%
	33.0%	10.0%
	11.5%	4.7%
	18.1%	12.2%

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