Palm Beach County’s housing market has shifted from pandemic-era frenzy to a healthier balance. Median prices that once climbed at double-digit rates now sit only a few points lower than last year, while inventory keeps rebuilding. Mortgage rates around 6.7% have cooled bidding wars, yet steady demand from out-of-state buyers is holding values firm. The sky isn’t falling—it’s just no longer a seller’s playground.
This guide focuses on what matters right now: typical sale prices by property type, months of supply buyers face, and the cities—from budget-friendly West Palm Beach to upscale Boca Raton—moving fastest. You’ll also see why condos behave differently from single-family homes, how luxury migration props up the top end, and practical tactics whether you’re buying or listing in 2025’s steadier market.
2025 Market Snapshot: Prices And Supply In Palm Beach County
According to a recent report, Palm Beach County home prices in mid-2025 paint a mixed picture. The typical single-family house closed near $613,000, roughly 5% lower than last summer, while the median condo sold for about $300,000 after a 6% dip. Inventory is shaping the market even more than pricing. Active single-family listings equal 5.5 months of demand, close to a balanced level. Condo supply has grown to 9.3 months, clearly favoring buyers.
Here’s a quick snapshot by property type:…