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The Downtown West Palm Beach market
Market report · Neighbourhood · Aug 2026
The Downtown West Palm Beach market, in numbers
Part of West Palm Beach — see the West Palm Beach report
Homes in Downtown West Palm Beach typically sell in about 81 days, prices are up 5.6% on a year ago. With 78.0 months of inventory, it’s a buyer’s market.
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
$199k
↓ −31.1% MoM↑ +5.6% YoY
1 sales closed in Aug 2026
Low sampleMedian rent
$2,325/mo
↓ −13.1% MoM↑ +16.8% YoY
4 leases closed in Aug 2026
Time to sell
81 days
typical days on market
Low sampleDays from listing to going under contract.
Months of inventory
78.0 mo
buyer’s market
Low sampleActive listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.
Sells 9 days faster than West Palm Beachdays on market
Your questions, answered
Straight answers from Downtown West Palm Beach’s closed transactions.
What does a home here cost?
The median sale closed at $199k in Aug 2026, up 5.6% on a year ago. Typical sales ranged $199k–$199k.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $2,153/mo including taxes and HOA — comfortable at a household income around $86k a year, using the 30% rule. Renting instead costs $2,325/mo.
Is now a good time to buy?
78.0 months of inventory points to a buyer’s market. Prices are still climbing, so waiting has a cost.
How fast do homes sell?
About 81 days from listing to contract in Aug 2026. The pace picks up toward April 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 April 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 7.1 — buying typically starts to beat renting after roughly 3–4 years here.
To buy — median sale price
Sale price, $
$199k↓ −31.1% MoM↑ +5.6% YoY
Aug 2026 — median $199k · 1 sales · 81 days on market · low sample
$0
$250k
$500k
$750k
$1.0M
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’26
Aug ’26
To rent — median monthly rent
Monthly rent, $
$2,325/mo↓ −13.1% MoM↑ +16.8% YoY
Aug 2026 — median $2,325/mo · 4 leases · 23 days on market
$0
$5,000
$10k
$15k
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’26
Aug ’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
$190k
$2,035/mo
28 closed
2 beds
$390k
$2,219/mo
22 closed
3 beds
$635k
$2,549/mo
12 closed
What sells here
Sales mix and median price by property type, last 12 months.
Condo
$321k
69% of sales · 11 closed
House
$352k
19% of sales · 3 closed
Townhouse
$772k
13% of sales · 2 closed
Low sampleMarket depth
Supply and demand
Listings per month
Sep 2026 — 0 closed · 1 new · 130 active
0
50
100
150
200
Oct ’24
Jan ’25
Apr ’25
Jul ’25
Oct ’25
Jan ’26
Apr ’26
Jul ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in April
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
Sep 2026 — 42% of active listings cut · median cut 7.2%
0%
25%
50%
75%
Oct ’24
Jan ’25
Apr ’25
Jul ’25
Oct ’25
Jan ’26
Apr ’26
Jul ’26
3-month averageSingle month
HOA fees per sqft
$ per sqft, monthly
$0.63 per sqft · Aug 2026
$0.40
$0.60
$0.80
$1.00
$1.20
Oct ’24
Jan ’25
Apr ’25
Jul ’25
Oct ’25
Jan ’26
Apr ’26
Jul ’26
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 114 closed transactions over the period shown · Updated Oct 3, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.