What is the median home price in North Palm Beach?

Homes that closed over the trailing twelve months medianed $627,500, while active listings ask a median $514,450. Measured 25 September 2026 across 352 sales and 299 active listings.

Will I get my asking price here?

Less often than anywhere else measured. Homes closed at a median 91.2% of their original asking price and 92% closed below what they first asked, both the weakest figures in this set. On a $627,500 sale that gap is about $60,000.

How long does it take to sell?

Sold listings averaged 57 days from listing to accepted offer against 101 for active listings, the longest in this set. Only 38 of 299 listings are under contract, the thinnest forward book measured, so absorption is slow relative to what is on offer.

Is this a condominium market?

Yes, which surprises people. 215 of 284 residential active listings are condominiums against only 57 single-family homes, despite the town's single-family reputation.

Does the milestone inspection apply to me?

For many sellers here, yes. 168 active listings are in buildings of three storeys or more and 59% of the town's stock predates 1980. A building that has completed its inspection and funded reserves sells far more easily than one that has not.

Why is the association fee so high?

Because most of the inventory is older waterfront condominium with genuine maintenance obligations. The median monthly fee is $1,300, roughly $15,600 a year, which a buyer capitalises into what they will pay for the unit.

Should I rent my home out instead of selling?

The case is weaker here than in most of the county. 203 rentals are active at a $2,800 median, roughly 5.4% of the $627,500 median sale price annually before costs, and the $1,300 median association fee consumes much of that gross yield.

Where do these numbers come from?

The MLS record for North Palm Beach, measured 25 September 2026: trailing twelve months for sold figures, a point-in-time snapshot for active ones. Ask us for current numbers before you price.

North Palm Beach home sale report: prices, sale-to-list and days on market

This North Palm Beach home sale report contains the clearest pricing warning in the county. Homes here closed at a median 91.2% of their original asking price and 92% closed below what the seller first asked, both the weakest figures of any city measured. Over the trailing twelve months 352 homes closed at a median of $627,500.

Free Home Valuation

Every situation on this page comes down to a number: what the property is worth and what you would net. We will work both out from recent sales near you, at no cost.

The headline numbers

352 homes closed in North Palm Beach over the trailing twelve months at a median of $627,500.

299 listings are currently active, of which 284 are residential, asking a median of $514,450.

Only 38 are under contract, a thin forward book relative to the active count.

Sold listings averaged 57 days on market. Active listings are averaging 101, the longest of any city in this set.

The active inventory prices at a median $375 per square foot.

All figures were measured on 25 September 2026 and describe a market that moves, so treat them as a snapshot.

The county's weakest sale-to-asking ratio

Homes closed at a median 91.2% of their ORIGINAL asking price, the lowest figure of any city in this set.

92% of sales closed below what the seller first asked, the highest proportion measured anywhere here.

On the $627,500 median that 8.8% gap is roughly $60,000, which exceeds a negotiated commission at either end.

Read plainly: more than nine sellers in ten here fail to get their opening number.

That is not a weak market. Sold listings still moved in 57 days and the volume is steady.

It means sellers here habitually start above what buyers will pay and then discover it slowly.

Why the pricing goes wrong here

74% of active residential listings are waterfront, the highest share of any city in this set by a wide margin.

Frontage, outlook, water access and vessel capability all price separately and none of them appears in public records.

That means there is no external check on an asking price: an automated valuation cannot see what the buyer is actually paying for.

So asking prices drift upward, because nothing contradicts them until the market does.

The interquartile range runs from $290,000 at the 25th percentile to $1,895,000 at the 75th, a factor of more than six.

In a market that varied, a seller without frontage-matched comparables is guessing rather than pricing.

The 44-day spread and the thin forward book

Sold listings averaged 57 days while active listings are averaging 101, a spread of 44 days.

Only 38 listings are under contract against 299 active, which is the thinnest forward book in this set.

Together those say absorption is slow relative to the inventory on offer.

It does not mean the market takes 101 days. Correctly priced homes took 57 and overpriced ones are still waiting.

Add board approval time, which matters here because most of the inventory is condominium.

Plan your move from the 57-day figure plus approval time, and price to reach it.

A condominium market in older buildings

215 of the 284 residential active listings are condominiums, 57 are single-family homes and 8 are townhouses.

That condominium dominance is unexpected in a town with a single-family reputation.

168 active listings are in buildings of three storeys or more, and 59% of the town's stock predates 1980.

That combination makes Florida's milestone inspection requirement and the structural integrity reserve study requirement live issues for a large share of sellers.

A building that has completed its milestone inspection and funded its reserves sells straightforwardly. One that has not is a much harder sale.

A buyer's agent will read a year of board minutes, so the position is better established before listing than discovered under contract.

Housing age at a high price point

80% of active listings were built before 2000 and 59% before 1980, with a median year built of 1975.

16% were built in 2010 or later, so there is a modern minority.

That combination of old housing at high prices means buyers expect either condition or a price reflecting its absence.

98% of the stock is concrete block, the highest share in this set, which is genuinely favourable for insurability.

Roof age remains the first filter an insurer applies, and it still removes financed buyers when it fails.

Cast iron and galvanized plumbing both appear in this era of construction and both draw underwriter attention.

The association fee is a real part of your price

86% of active listings sit in an association, with a median monthly fee of $1,300, the second highest in this set.

At that level the fee is a substantial part of how a buyer values the property, because they compare total monthly carrying cost.

A $1,300 monthly fee is roughly $15,600 a year, which a buyer capitalises into what they will pay.

It reflects older waterfront buildings with genuine maintenance obligations rather than excessive charging.

One community, Old Port Cove, accounts for 11% of residential listings at a $375,000 median against $625,000 for the rest.

Match your comparables to your own building, because fee levels and reserve positions vary considerably.

The rental market, if you are weighing selling against letting

203 rental listings are active here at a median asking rent of $2,800 a month.

Against a $627,500 median sale price that is roughly 5.4% of value annually before costs, among the weaker ratios measured.

Once the $1,300 median association fee is deducted the case weakens considerably further.

That fee is the cost a landlord cannot avoid, and here it is high enough to consume much of the gross yield.

Leasing restrictions in older waterfront buildings are frequently strict, so check your documents before assuming letting is possible.

On a waterfront home held for decades the capital gains position frequently matters more than the yield, and that belongs with a CPA.

What this means if you are listing now

Take the 91.2% ratio as the central fact: an accurate opening price is worth more here than any other decision.

Price from closed sales matched on frontage and water access rather than on square footage alone.

Expect to achieve somewhere near 91.2% of an optimistically set price, and considerably better than that if you price to the market.

Plan for roughly 57 days to an accepted offer plus board approval time.

If you are in an older building of three storeys or more, get the milestone and reserve position in writing before listing.

Ask us for a valuation and you will see the specific sales it rests on and what we adjusted for.

MLS figures on this page were measured on 2026-09-25 and are a snapshot of a market that moves. Ask us for current numbers before pricing. Nothing here is legal or tax advice; for those, speak to an attorney or a CPA.

Frequently Asked Questions

What is the median home price in North Palm Beach?: Homes that closed over the trailing twelve months medianed $627,500, while active listings ask a median $514,450. Measured 25 September 2026 across 352 sales and 299 active listings.
Will I get my asking price here?: Less often than anywhere else measured. Homes closed at a median 91.2% of their original asking price and 92% closed below what they first asked, both the weakest figures in this set. On a $627,500 sale that gap is about $60,000.
Does that mean the market is weak?: No. Sold listings still moved in 57 days and the volume is steady. It means sellers here habitually start above what buyers will pay and then discover it slowly, which is a pricing habit rather than a demand problem.
Why does pricing go wrong so often here?: Because 74% of active residential listings are waterfront, the highest share in this set, and frontage, outlook, water access and vessel capability all price separately while appearing nowhere in public records. Nothing contradicts an inflated asking price until the market does.
How long does it take to sell?: Sold listings averaged 57 days from listing to accepted offer against 101 for active listings, the longest in this set. Only 38 of 299 listings are under contract, the thinnest forward book measured, so absorption is slow relative to what is on offer.
Is this a condominium market?: Yes, which surprises people. 215 of 284 residential active listings are condominiums against only 57 single-family homes, despite the town's single-family reputation.
Does the milestone inspection apply to me?: For many sellers here, yes. 168 active listings are in buildings of three storeys or more and 59% of the town's stock predates 1980. A building that has completed its inspection and funded reserves sells far more easily than one that has not.
Why is the association fee so high?: Because most of the inventory is older waterfront condominium with genuine maintenance obligations. The median monthly fee is $1,300, roughly $15,600 a year, which a buyer capitalises into what they will pay for the unit.
Should I rent my home out instead of selling?: The case is weaker here than in most of the county. 203 rentals are active at a $2,800 median, roughly 5.4% of the $627,500 median sale price annually before costs, and the $1,300 median association fee consumes much of that gross yield.
Where do these numbers come from?: The MLS record for North Palm Beach, measured 25 September 2026: trailing twelve months for sold figures, a point-in-time snapshot for active ones. Ask us for current numbers before you price.

How much does it cost to sell a house in North Palm Beach?

How much does it cost to sell a house in North Palm Beach: real numbers, and why this market has the county's widest gap between asking and closing.

Selling a waterfront home in North Palm Beach

Selling a waterfront home in North Palm Beach: 74% of listings are waterfront, and the county's worst sale-to-list ratio is the consequence.

How to choose a listing agent in North Palm Beach

How to choose a listing agent in North Palm Beach: verifiable questions in the market where sellers most often fail to get their asking price.

Work out your numbers

What is my home worth?

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Current market reports

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What we do between the listing agreement and the closing table, phase by phase.

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