The housing market in 33409 West Palm Beach, FL is doing quite well compared to the US housing market as a whole. The median value of homes in 33409 is $274,700 which is significantly lower than the US median of $338,100. Furthermore, the 1 year house appreciation rate in 33409 has been 22.04%, much higher than the national rate of 8.27%. This trend shows that 33409's housing market is growing faster and stronger than other parts of the country. Therefore, it may be a good place for potential home buyers to consider buying a property.
The median home cost in West Palm Beach (zip 33409) is $274,700. Home appreciation the last 10 years has been 200.8%. Home Appreciation in West Palm Beach (zip 33409) is up 27.8%.
Average Age of Homes
- The median age of West Palm Beach (zip 33409) real estate is 30 years old
The Rental Market in West Palm Beach (zip 33409)
- Renters make up 44.3% of the West Palm Beach (zip 33409) population
- 3.6% of houses and apartments in West Palm Beach (zip 33409), 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.