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 56.1 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 sample

Median 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 sample

Days from listing to going under contract.

Months of inventory

56.1 mo

buyer’s market

Low sample

Active listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.

Sells 19 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?

56.1 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 July 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 July 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

$250k

$500k

$750k

$1.0M

$1.25M

Sep ’25

Nov ’25

Jan ’26

Mar ’26

May ’26

Jul ’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

$5,000

$10k

$15k

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

$181k

$1,995/mo

30 closed

2 beds

$390k

$2,251/mo

24 closed

3 beds

$670k

$2,549/mo

11 closed

What sells here

Sales mix and median price by property type, last 12 months.

Condo

$340k

75% of sales · 12 closed

House

$352k

19% of sales · 3 closed

Townhouse

$1.05M

6% of sales · 1 closed

Low sample

Market depth

Supply and demand

Listings per month

Aug 2026 — 1 closed · 3 new · 131 active

100

150

200

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 July

0.5

1.5

Average closings by calendar month, drawn from at least two years of history.

Price-cut pressure

% of active listings

Aug 2026 — 42% of active listings cut · median cut 7.2%

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

$0.63 per sqft · Aug 2026

$0.40

$0.60

$0.80

$1.00

$1.20

Sep ’24

Dec ’24

Mar ’25

Jun ’25

Sep ’25

Dec ’25

Mar ’26

Jun ’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.

Palm Beach Shores

$2.1M

South End

$1.57M↑ +15.4% YoY

Historic Southland Park

$1.3M

Ibis Golf and Country Club

$1.3M

Breakers West

$1.21M

Saratoga at Royal Palm

$716k↓ −2.2% YoY

$594k↓ −14.1% YoY

$553k

$548k

$510k

$475k

$397k↓ −39.1% YoY

$395k

Downtown West Palm Beach

$372k↑ +5.6% YoY

$363k

$346k

$340k

$333k↑ +0.6% YoY

$292k↓ −53.4% YoY

$270k

$235k

$212k

$164k↑ +47.3% YoY

$150k

$95k↓ −50.8% YoY

Homes for sale in Downtown West Palm Beach →Rentals in Downtown West Palm Beach →

Based on 128 closed transactions over the period shown · Updated Sep 1, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.