Market Overview
Home Prices in Palm Beach, FL
The median home value in Palm Beach, FL is $2,145,595 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Palm Beach are priced423% above average. Palm Beach is part of the Miami-Fort Lauderdale-Pompano Beach, FL metro area.
Over the past five years, Palm Beach home values have risen by approximately60.8%, reflecting strong long-term appreciation in this market.
Price History
Palm Beach Home Price Trend
City Comparison
Palm Beach vs. National Median
At $2,145,595, homes in Palm Beach cost 423% above the national median of $410,000. Buyers in Palm Beach should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Palm Beach?
20% Down Payment
$429,119
on $2,145,595
Monthly P&I
$11,190/mo
30-yr @ 6.8%
Total Monthly Est.
~$14,211/mo
incl. taxes & insurance
Income Needed
$568,440
gross annual (30% rule)
10% Down Option
$214,560
+ PMI applies
Loan Amount (20% dn)
$1,716,476
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Palm Beach, FL?
The median home value in Palm Beach is $2,145,595 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1% year-over-year.
How much have home prices changed in Palm Beach?
Over the past year, home values in Palm Beach have decreased by 1%. Over five years, prices have risen approximately 60.8%.
How much do I need to earn to buy a home in Palm Beach?
To comfortably afford the median home price of $2,145,595 with a 20% down payment ($429,119) at today's rates (6.8%), you'd need a gross annual income of approximately $568,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Palm Beach compare to the national average home price?
The national median home value is approximately $410,000. At $2,145,595, homes in Palm Beach are 423% above the national average.
What metro area is Palm Beach part of?
Palm Beach is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.