33401
West Palm Beach, Florida

The West Palm Beach 33401 market trades at a median of $572,500 as of February 2026, reflecting 7.0% annual appreciation despite homes averaging 115.5 days on market. Only 5% of properties close above asking price, signaling limited urgency among buyers. This combination of positive price momentum and extended marketing periods indicates demand exists but at a measured pace, with sellers maintaining pricing power while buyers exercise selectivity in their purchasing decisions.

These conditions favor patient buyers who can leverage the 115-day average timeline to conduct thorough due diligence and negotiate terms beyond price, given that 95% of transactions close at or below list. Income-focused investors benefit from the 7.0% price growth potentially exceeding rental income drag, though the extended DOM requires sufficient capital reserves. Sellers with properly priced assets still capture appreciation gains, but those expecting bidding wars will face reality against current market velocity.

The PropIQ score of 51 sits at neutral, suggesting neither imminent correction nor acceleration from current trends. The gap between positive price growth and weak above-list activity warrants monitoring—if DOM extends beyond 120 days while that 5% figure deteriorates further, price growth likely moderates. Conversely, any contraction in inventory against stable DOM would push the market into buyer competition territory and lift the intelligence score accordingly.