33460
West Palm Beach, Florida

# Market Report: ZIP Code 33460, West Palm Beach, FL

The 33460 market has shifted decisively in favor of buyers, with median sale prices declining 4.6% year-over-year to $415,000 as of February 2026. Homes are sitting 83.5 days on average before selling, well above the typical threshold for a balanced market. Only 10% of properties are commanding above-list prices, signaling that seller pricing power has evaporated. This data confirms a cooling cycle where inventory absorption has slowed and negotiating leverage has transferred from sellers to purchasers.

First-time buyers and value-focused investors gain maximum advantage in these conditions. The 4.6% price decline creates entry points below 2025 levels, while extended days-on-market at 83.5 provides negotiating room on list prices and concessions. Cash buyers can particularly exploit the thin 10% above-list activity by submitting below-ask offers with higher acceptance probability. Sellers face disadvantages unless pricing 5-8% below recent comparables to compete in the elongated selling window, making this cycle unfavorable for those requiring quick liquidity.

The PropIQ score of 55 signals continued caution through Q2 2026, suggesting price stabilization remains quarters away rather than weeks. Monitor month-over-month inventory growth and whether days-on-market extends past 90, which would indicate further price compression ahead. The 10% above-list metric serves as the key leading indicator—if this drops below 8%, expect another 3-5% median price decline before a floor establishes.