The housing market in 33417 West Palm Beach, FL is a rapidly appreciating area. The median value of homes in this area is $168,200, which is less than the US median house value of $338,100. However, the one year appreciation rate for houses in this area has been 22.04%, more than double the national average of 8.27%. This indicates that investing in real estate in this area can be a profitable venture and will likely continue to appreciate at a rapid pace.
The median home cost in West Palm Beach (zip 33417) is $168,200. Home appreciation the last 10 years has been 200.8%. Home Appreciation in West Palm Beach (zip 33417) is up 27.8%.
Average Age of Homes
- The median age of West Palm Beach (zip 33417) real estate is 38 years old
The Rental Market in West Palm Beach (zip 33417)
- Renters make up 27.3% of the West Palm Beach (zip 33417) population
- 0.9% of houses and apartments in West Palm Beach (zip 33417), 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.