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Palm Beach Real Estate Statistics
| Average Price | $7.6M |
|---|---|
| Lowest Price | $199K |
| Highest Price | $95M |
| Total Listings | 456 |
| Avg. Price/SQFT | $2.1K |
Property Types (active listings)
About Palm Beach
Palm Beach, Florida, is a part of the South Florida metropolitan area and home to more than 9200 residents. The town is famous for its family-friendly community, historic beachfront resorts, and beautiful beaches. While the history of Palm Beach started 3000 years ago with the arrival of Jaega, American settlers began the inhabitants in around 1872.
Elisha Newton “Cap” Dimik became the first mayor of the island and established Cocoanut Grove House in 1880. The primary extension of the Florida East Coast Railway southward in 1894 led to a separate city for hotel workers and other laborers. Although the island was initially considered West Palm Beach, the town of Palm City came into existence in 1911. Since then, the town has been holding its cultural grace while embracing modern amenities.
Palm Beach Real Estate
The real estate trends of Palm Beach are significantly booming with over 143.8% increase in median price since last year. The median sale price of a Palm Beach home was recorded at $3.9 million in November 2024. Besides this, the average price of Palm Beach homes per sq. ft. is $1.7K, which is 28.9% higher than last year.
Despite the increasing prices, there’s no downgrade in the demand. Palm Beach homes for sale find their owner within 95 days on average. However, the price and demand keep fluctuating throughout the year. You can buy the right property in Palm Beach at the right time and make your investment worthwhile. The Mastropieri Group features experienced Realtors® in Palm Beach to assist you at every step and ensure you find your dream home with ease.
Things to Do in Palm Beach
Flagler Museum
The Henry Morrison Flagler Museum, or Whitehall, is the most iconic place to visit in Palm Beach. It was the home of Henry Flagler and still holds a variety of historic art collections and architectural tours. Moreover, you can also look around guided tours of Glided Age history and special events.
Palm Beach Zoo
Undoubtedly, Palm Beach’s vibrant beaches attract everyone, but the town has a lot more to offer you. Palm Beach Zoo is another family-friendly attraction with over 500 animals, including exotic species. You would love to visit this place with your kids and enroll them in educational programs.
Norton Museum of Art
Norton Museum of Art is a worthwhile place for art enthusiasts. Being among the leading art museums, it spotlights collections of artists like Picasso, Monet, and Pollock. Like every museum, it also hosts various exhibitions that highlight European, American, and Chinese art. Don’t forget to visit the beautiful sculpture garden!
The Breakers Palm Beach
With Italian Renaissance-style architecture, The Breakers is a historic yet luxury resort in Palm Beach. The resort has its roots back to 1896 but features all the modern amenities, including outdoor pools, golf courses, dining restaurants, and more.
Education in Palm Beach
The education in Palm Beach is considered above average when compared to other parts of Florida. The School District of Palm Beach County (SDPBC) primarily serves the education system, followed by numerous schools and colleges. Here’s the list of top schools and educational institutions in Palm Beach:
Elementary Schools
High Schools
Colleges and Universities
Palm Beach Frequently Asked Questions
How walkable is Palm Beach?
Palm Beach is a very walkable town with a Walk Score of 72. Regardless of the place you’re visiting, most activities can be completed on foot. You can also enjoy this vibrant town on your bike as the Bike Score is 67.
What is the public transportation to and from Palm Beach?
Palm Beach, Florida, relies on three public transportation options, including Palm Tran, Tri-Rail, and Amtrak. We all know Palm Tran is a reliable public bus system that connects West Palm Beach to every municipality. On the other hand, Tri-Rail and Amtrak are rail services that you can use to travel to or from Palm Beach.
What is healthcare like in Palm Beach?
Palm Beach offers a wide range of healthcare options, and the healthcare network is rich in numerous hospitals and health centers. For instance, the Palm Beach Health Network and Health Care District of Palm Beach Country can fulfill the healthcare needs of the town. Not to mention, there are several hospitals nearby including Lakeside Medical Center and Bethesda Hospital.
How safe is Palm Beach?
In addition to being a town with a luxurious lifestyle, Palm Beach has strong law enforcement. The annual crime rate is 70 incidents per 1000 residents, which is considerably safe. Recently, police also warned residents about “opportunistic criminals” to ensure safety in the town.
Not to mention, Palm Beach, Florida is a perfect place to be and enjoy the vibrancy of the Atlantic Ocean. If you’re looking for Palm Beach homes for sale, you might get overwhelmed by numerous options and suggestions. With years of expertise and trust, The Mastropieri Group's Realtors® can help you find your dream home. It’s a journey to your dream home, and we are with you to the end of the line.
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