Market Intelligence · FL / West Palm Beach

West Palm Beach, FL 33406 Housing Market

The typical home value in West Palm Beach, FL 33406 is $429,128, up 1.6% over the past year. Sellers are listing at a median price of $362,448, and homes are taking a median of 64 days to go under contract.

Updated August 2026Median value$429K

The median home value in West Palm Beach, FL 33406 is $429K as of August 2026, up 1.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 33406 range

$395K to $463K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.6% over 12 months

Typical home value in 33406 over the last 12 months: $422K in Aug 2025 to $429K in Aug 2026 (+1.6%).

Aug 2025$422K

Aug 2026$429K

The numbers

What is the 33406 housing market like?

Typical home value

$429K

Up1.6%YoY

Median list price

$362K

Down1.0%MoM

Days on market

64

Up4.9%MoM

Homes for sale

61

Down9.0%MoM

Price cuts

18.5%

Up3.2%MoM

New listings

20

Flat0.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 33406 home prices compare?

  • 33406$429,128
  • West Palm Beach$431,851
  • Florida$345,153
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (West Palm Beach: 12 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

There are 61 homes for sale in 33406, with 20 new listings hitting the market. The median list price of $362,448 sits well below the typical home value of $429,128, which often reflects a mix of smaller or lower-priced homes in the active inventory. Values are up 1.6% over the past year, so appreciation is modest rather than strong. With a median of 64 days on market and 18.5% of listings carrying a price cut, buyers have room to negotiate. A seller here should price carefully and expect some time before an offer lands.

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20% · $85,826

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