The housing in 33401 West Palm Beach, FL is significantly more expensive than the national average. The median value for housing in this area is $423,000, compared to the U.S. median of $338,100. Additionally, there has been an impressive 1 year appreciation rate of 22.04%, much higher than the 8.27% national average. This indicates that real estate prices in the 33401 West Palm Beach area are rapidly increasing and can be a profitable investment opportunity for those looking to buy in the area.
The median home cost in West Palm Beach (zip 33401) is $423,000. Home appreciation the last 10 years has been 200.8%. Home Appreciation in West Palm Beach (zip 33401) is up 27.8%.
Average Age of Homes
- The median age of West Palm Beach (zip 33401) real estate is 35 years old
The Rental Market in West Palm Beach (zip 33401)
- Renters make up 43.6% of the West Palm Beach (zip 33401) population
- 4.0% of houses and apartments in West Palm Beach (zip 33401), 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.