33414
West Palm Beach, Florida

West Palm Beach ZIP 33414 shows cooling momentum with a median sale price of $668,000, down 1.8% year-over-year as of February 2026. Inventory is absorbing slowly, with homes averaging 97.5 days on market—well above the velocity seen in tighter Florida markets. Only 5% of sales close above list price, indicating minimal competitive pressure and suggesting sellers hold limited pricing power in current negotiations.

This environment favors patient buyers with financing secured and flexibility on closing timelines. The 97.5-day marketing period creates room for due diligence and price negotiation, particularly since 95% of transactions occur at or below asking price. Sellers facing time constraints or holding properties beyond the three-month average DOM may need to adjust expectations. Investors seeking cash flow should scrutinize cap rates carefully given the negative price trajectory.

The PropIQ score of 45 signals caution, reflecting deteriorating price momentum and extended liquidity timelines that typically precede further softening. With days-on-market approaching 100 and year-over-year depreciation already established, the data suggests continued buyer advantage through Q2 2026. Monitor whether DOM extends beyond 110 days or if the percentage of above-list sales drops below 3%—both would indicate accelerating downward pressure on the $668,000 median.