Zip 33407 (West Palm Beach, FL) Housing

The housing in 33407 West Palm Beach, FL is quite impressive. The median value of a house is $315,000 which is lower than the U.S. median value of $338,100. However, the 1 year appreciation rate in this area is 22.04%, which is significantly higher than the 8.27% nationwide rate of appreciation. This makes 33407 West Palm Beach a very appealing option for potential homebuyers looking to invest in real estate and benefit from rising values in the years to come.

The median home cost in West Palm Beach (zip 33407) is $315,000. Home appreciation the last 10 years has been 200.8%. Home Appreciation in West Palm Beach (zip 33407) is up 27.8%.

Average Age of Homes

- The median age of West Palm Beach (zip 33407) real estate is 41 years old

The Rental Market in West Palm Beach (zip 33407)

- Renters make up 40.9% of the West Palm Beach (zip 33407) population
- 5.5% of houses and apartments in West Palm Beach (zip 33407), 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
	14,657.0	139,647,020.0
	46	42
	$315,000	$338,100
	27.8%	16.6%
	80.3%	57.0%
	200.8%	101.1%
	$7.97	$10.98
	$1,708	$2,690
	39.2%	57.4%
	16.9%	11.2%
	43.8%	31.4%
Vacant Housing
	5.5%	1.9%
	0.3%	0.4%
	1.3%	0.7%
	0.5%	0.4%
	4.9%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	3.8%	2.4%
	1.2%	2.8%
	2.7%	3.9%
	3.9%	4.5%
	13.6%	11.3%
	18.5%	13.0%
	33.8%	20.1%
	12.7%	13.6%
	3.0%	8.3%
	3.5%	9.7%
	1.7%	3.9%
	0.0%	2.2%
	0.4%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	7.9%	13.6%
	17.9%	13.2%
	15.6%	14.8%
	7.9%	13.6%
	12.9%	10.0%
	5.5%	4.7%
	10.5%	12.2%

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