Zip 33406 (West Palm Beach, FL) Housing

The housing market in West Palm Beach, FL (33406) is booming. The median value of homes in this area is $387,700, which is considerably higher than the US median value of $338,100. Additionally, the rate of housing appreciation in this area over the past year was 22.04%, significantly higher than the US average of 8.27%. This has created a competitive and dynamic housing market in West Palm Beach that shows no signs of slowing down.

The median home cost in West Palm Beach (zip 33406) is $387,700. Home appreciation the last 10 years has been 200.8%. Home Appreciation in West Palm Beach (zip 33406) is up 27.8%.

Average Age of Homes

- The median age of West Palm Beach (zip 33406) real estate is 39 years old

The Rental Market in West Palm Beach (zip 33406)

- Renters make up 32.5% of the West Palm Beach (zip 33406) population
- 2.1% of houses and apartments in West Palm Beach (zip 33406), 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
	9,181.0	139,647,020.0
	44	42
	$387,700	$338,100
	27.8%	16.6%
	80.3%	57.0%
	200.8%	101.1%
	$8.61	$10.98
	$2,079	$2,690
	61.9%	57.4%
	8.0%	11.2%
	30.1%	31.4%
Vacant Housing
	2.1%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.3%	0.4%
	1.8%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	2.5%	2.4%
	1.2%	2.8%
	1.0%	3.9%
	2.3%	4.5%
	5.6%	11.3%
	20.0%	13.0%
	27.6%	20.1%
	14.3%	13.6%
	12.2%	8.3%
	5.0%	9.7%
	1.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	2.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	7.7%	13.6%
	27.8%	13.2%
	20.2%	14.8%
	7.7%	13.6%
	18.8%	10.0%
	1.1%	4.7%
	0.7%	12.2%

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