Search for a property
Search for a property
Miami Real Estate
Login
Sign in to your account to access all features
Create an account
Welcome Aboard!
The Royal Palm Acres market
Market report · Neighbourhood · Mar 2026
The Royal Palm Acres market, in numbers
Part of Fort Lauderdale — see the Fort Lauderdale report
Homes in Royal Palm Acres typically sell in about 255 days.
Some comparisons are hidden until at least 3 transactions close in a month. Medians below are drawn from very small samples — treat them as indicative.
Median sale price
$420k
↓ −8.1% MoM
1 sales closed in Mar 2026
Low sampleMedian rent
$3,900/mo
1 leases closed in Jun 2026
Low sampleTime to sell
255 days
typical days on market
Low sampleDays from listing to going under contract.
Sells 169 days slower than Fort Lauderdaledays on market
Your questions, answered
Straight answers from Royal Palm Acres’s closed transactions.
What does a home here cost?
The median sale closed at $420k in Mar 2026. Typical sales ranged $420k–$420k.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $2,789/mo including taxes — comfortable at a household income around $112k a year, using the 30% rule. Renting instead costs $3,900/mo.
Is now a good time to buy?
Too few recent sales for a confident read — see the longer-run trend below.
How fast do homes sell?
About 255 days from listing to contract in Mar 2026. The pace picks up toward November and slows around January.
How much room is there to negotiate?
Not enough closed sales this month to measure — the price-cut chart below is the best proxy.
When is the best time to list?
Closings peak in November and bottom out around January. Listing four to six weeks ahead of the peak historically gets the most eyes.
Is it a good rental investment?
Yield needs at least 3 closed sales and 3 closed leases in a month — this area doesn’t clear that bar yet.
Buying vs renting
Price-to-rent ratio is 9.0 — buying typically starts to beat renting after roughly 3–4 years here.
To buy — median sale price
Sale price, $
$420k↓ −8.1% MoM
Mar 2026 — median $420k · 1 sales · 255 days on market · low sample
$0
$1.0M
$2.0M
$3.0M
Sep ’25
Nov ’25
Jan ’26
Mar ’26
May ’26
Jul ’26
To rent — median monthly rent
Monthly rent, $
$3,900/mo
Jun 2026 — median $3,900/mo · 1 leases · 38 days on market · low sample
$1,000
$2,000
$3,000
$4,000
Sep ’25
Nov ’25
Jan ’26
Mar ’26
May ’26
Jul ’26
MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.
What each size costs
Medians over the last 12 months.
Beds
To buy
To rent
Volume
1 bed
—
$1,625/mo
1 closed Low sample
2 beds
$507k
$3,200/mo
4 closed Low sample
3 beds
$455k
$3,900/mo
4 closed Low sample
What sells here
Sales mix and median price by property type, last 12 months.
House
$494k
100% of sales · 6 closed
Market depth
Supply and demand
Listings per month
Aug 2026 — 0 closed · 2 new · 32 active
0
10
20
30
40
Sep ’24
Dec ’24
Mar ’25
Jun ’25
Sep ’25
Dec ’25
Mar ’26
Jun ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in November
0
0.5
1
1.5
2
J
F
M
A
M
J
J
A
S
O
N
D
Average closings by calendar month, drawn from at least two years of history.
Price-cut pressure
% of active listings
Aug 2026 — 69% of active listings cut · median cut 6.6%
0%
25%
50%
75%
Sep ’24
Dec ’24
Mar ’25
Jun ’25
Sep ’25
Dec ’25
Mar ’26
Jun ’26
3-month averageSingle month
HOA fees per sqft
$ per sqft, monthly
Too few closed transactions to chart HOA fees here.
Median monthly HOA fee per square foot among closed sales.
How neighbourhoods compare across Fort Lauderdale
Median sale price, last 12 months. Tap a row to open its report.
Based on 22 closed transactions over the period shown · Updated Sep 1, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.