Palm Beach County’s housing market is shifting but still strong, with luxury buyers active, new communities rising in the west, and city planners setting fresh growth limits. Here’s what’s happening now.
Luxury Market Still Going Strong
High-end homes remain in high demand. Wealthy buyers from across the U.S. continue to relocate for Palm Beach’s ocean views, golf-course estates, and low-tax lifestyle. Waterfront and country-club properties—especially those in Boca Raton, Palm Beach Island, and Jupiter—are holding value and attracting competitive offers.
New Communities Are Reshaping the West
Massive master-planned developments such as Avenir in Palm Beach Gardens, Westlake, and Arden near Wellingtonare transforming farmland into new neighborhoods with modern homes, schools, parks, and shopping.
These areas give buyers more space at lower prices than coastal towns, making them attractive to families and first-time homeowners.
Home Prices and Inventory
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Median listing price is around $485,000, a slight 3% drop compared to last year.
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Inventory is climbing, giving buyers more choice and slightly more bargaining power.
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Sellers with move-in-ready properties—especially in the luxury segment—still see quick sales.
Zoning and Infrastructure Changes
Local governments are stepping in to manage growth:
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West Palm Beach has approved new height limits along parts of the northern waterfront to protect views and prevent overbuilding.
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County commissioners have asked developers to pause some projects along Lyons Road until traffic and road improvements catch up with construction.
These moves could help stabilize growth but may also tighten the supply of coastal condos and new single-family homes.
What Buyers, Sellers, and Investors Should Know
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Buyers: Western communities like Westlake and Avenir may offer the best value and newest amenities.
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Sellers: Well-maintained homes near the coast remain in high demand—staging and pricing correctly are key.
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Investors: Watch zoning changes and road projects that could affect long-term property values.
Looking Ahead
Experts expect steady but moderate price growth into 2026, with interest rates and insurance costs shaping affordability. Demand for Palm Beach County’s lifestyle—year-round sunshine, strong economy, and cultural attractions—remains a key driver.
