Market report · FL

West Palm Beach, FL

Buyer's market

Cash-flow-friendly fundamentals: 7.0% gross rent yield and 79% of sales closing below list make West Palm Beach a steady BRRRR and rental market.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$400k
Typical home value
↓0.4%
-2.3%
YoY change
$2,327
Median rent
↑6.2%
6.99%
Gross yield
56
Median DOM
99/100
MDR score
Detail Value Detail Value
Median list price $434,333 Median sale price $467,633
Sale-to-list ratio 0.961 % sold below list +79.4%
Active inventory 1,932 New listings 358
Trends · 36-month series

How West Palm Beach has moved.

Typical home value $401k → $400k · ↓0.4% (36mo)
$395k $404k $412k $421k May 23Nov 24Apr 26
Median rent (ZORI) $2k → $2k · ↑6.2% (36mo)
$2k $2k $2k $2k May 23Nov 24Apr 26
Median days on market 64d → 56d · ↓12.0% (36mo)
56d 59d 61d 64d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.961 → 0.961 · ↓0.0% (36mo)
0.959 0.960 0.960 0.961 Jan 26Feb 26Mar 26

West Palm Beach sits at a median home value of $399,650 as of the latest Zillow read, down 2.3% year-over-year — a meaningful softening that’s putting deal flow back on the table for cash buyers.

The sale-to-list ratio sits at 0.961, and 79.4% of closed sales are landing below list. That’s a clear buyer’s market — sellers are negotiating, and motivated-seller direct mail is converting at rates we haven’t seen since 2014.

Rents tell a stronger story. The Zillow Observed Rent Index for West Palm Beach is $2,327/mo against a $400k median — that’s a 6.99% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.

Median days-on-market is running around 56 days against 1,932 active listings. Pace is moderate — neither chaos nor stagnation. Standard wholesaling cadences work here.

MDR’s composite investor score for West Palm Beach is 99/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. That puts it in our top tier — actively recommended for new capital deployment this cycle.

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FAQ

West Palm Beach for investors.

Is West Palm Beach a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for West Palm Beach is 99/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. That puts West Palm Beach in our top tier — actively recommended for new capital deployment this cycle.

What is the median home price in West Palm Beach?

The typical home value in West Palm Beach as of the most recent Zillow read is $399,650. Median list price is $434,333 and median sale price is $467,633. Year-over-year change: -2.3%.

What can a landlord expect to rent a property for in West Palm Beach?

Zillow's Observed Rent Index for West Palm Beach is $2,327/mo. Against the typical home value of $400k, that produces a gross annual rent yield of 6.99% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.

Is West Palm Beach a buyer's or seller's market?

West Palm Beach's current sale-to-list ratio is 0.961 with 79.4% of homes closing below list. That's a clear buyer's market — sellers are negotiating. Median days on market: 56 days. Active inventory: 1,932 listings.

Which investment strategy works best in West Palm Beach?

West Palm Beach's data favors wholesaling — soft pricing and motivated sellers make spreads workable. See the per-strategy breakdowns at /wholesaling/west-palm-beach, /brrrr/west-palm-beach, and /flipping/west-palm-beach.

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