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The City Palms market
Market report · Neighbourhood · Jun 2025
The City Palms market, in numbers
Part of West Palm Beach — see the West Palm Beach report
Homes in City Palms typically sell in about 232 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
$643k
1 sales closed in Jun 2025
Low sampleMedian rent
$3,000/mo
2 leases closed in Dec 2025
Low sampleTime to sell
232 days
typical days on market
Low sampleDays from listing to going under contract.
Sells 123 days slower than West Palm Beachdays on market
Your questions, answered
Straight answers from City Palms’s closed transactions.
What does a home here cost?
The median sale closed at $643k in Jun 2025. Typical sales ranged $643k–$643k.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $5,140/mo including taxes and HOA — comfortable at a household income around $206k a year, using the 30% rule. Renting instead costs $3,000/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 232 days from listing to contract in Jun 2025. The pace picks up toward June and slows around March.
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 June and bottom out around March. 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 17.8 — buying typically starts to beat renting after roughly 5–7 years here.
To buy — median sale price
Sale price, $
$643k
To rent — median monthly rent
Monthly rent, $
$3,000/mo
Dec 2025 — median $3,000/mo · 2 leases · 129 days on market · low sample
$2,500
$2,750
$3,000
$3,250
$3,500
Aug ’25
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’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
—
$2,500/mo
1 closed Low sample
2 beds
—
$3,500/mo
1 closed Low sample
Market depth
Supply and demand
Listings per month
Jul 2026 — 0 closed · 0 new · 0 active
0
0.25
0.5
0.75
1
Aug ’24
Nov ’24
Feb ’25
May ’25
Aug ’25
Nov ’25
Feb ’26
May ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in June
0
0.2
0.4
0.6000000000000001
0.8
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
No active listings this month
0%
25%
50%
75%
100%
Aug ’24
Nov ’24
Feb ’25
May ’25
Aug ’25
Nov ’25
Feb ’26
May ’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 West Palm Beach
Median sale price, last 12 months. Tap a row to open its report.
Based on 6 closed transactions over the period shown · Updated Aug 9, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.