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Market Intelligence · FL / West Palm Beach

West Palm Beach, FL 33406 Housing Market

West Palm Beach's 33406 ZIP code has a typical home value of $429,073, up 2.3% over the past year. The median list price stands at $358,472, with homes taking a median of 58 days to sell as of September 2026.

Updated September 2026Median value$429K

The median home value in West Palm Beach, FL 33406 is $429K as of September 2026, up 2.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with 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

+2.3% over 12 months

Typical home value in 33406 over the last 12 months: $419K in Sep 2025 to $429K in Sep 2026 (+2.3%).

Sep 2025$419K

Sep 2026$429K

The numbers

What is the 33406 housing market like?

Typical home value

$429K

Up2.3%YoY

Median list price

$358K

Down1.1%MoM

Days on market

58

Down9.4%MoM

Homes for sale

59

Down3.3%MoM

Price cuts

9.8%

Down46.8%MoM

New listings

34

Up70.0%MoM

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

The outlook

33406 housing market forecast 2027

+0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33406 to rise 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 33406 rose 2.3%, per the Zillow Home Value Index.

Will home prices drop in 33406?

Zillow's forecast does not call for a drop: it expects typical home values in 33406 to rise 0.7% by September 2027, after a 2.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 33406 home prices compare?

  • 33406$429,073
  • West Palm Beach$430,089
  • Florida$344,436
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (West Palm Beach: 12 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

The market in 33406 is showing modest upward momentum in home values, though list prices remain below that typical-value figure. As of September 2026, there are 59 homes for sale with 34 new listings entering the market. The median time on market of 58 days suggests steady but not rapid turnover. Only 9.8% of listings have seen a price cut, which is a relatively low share. For sellers, this indicates a market where pricing discipline has held up, though you should still expect homes to sit for roughly two months before finding a buyer.

Monthly payment

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20% · $85,815

Common questions

What people ask us.

What is the typical home value in 33406?

The typical home value in West Palm Beach's 33406 ZIP code is $429,073, reflecting a 2.3% increase over the past year.

How long do homes usually stay on the market in 33406?

Homes in 33406 have a median days on market of 58 as of September 2026, indicating a moderate pace of sale.

How many homes are currently for sale in 33406?

As of September 2026, there are 59 homes for sale in 33406, with 34 new listings added to the market.

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