33478
West Palm Beach, Florida

The 33478 ZIP code recorded a median sale price of $932,250 as of February 2026, reflecting a moderate 5.3% annual appreciation. Homes are averaging 81 days on market, indicating measured absorption rather than competitive urgency. With only 4% of properties selling above list price, buyer leverage has clearly increased from the frenzied conditions of previous years, creating a negotiation environment that favors purchasers over sellers in most transactions.

This market configuration benefits patient buyers with strong financing who can capitalize on the 81-day marketing period to conduct thorough due diligence and negotiate terms. The 4% above-ask statistic suggests sellers accepting realistic pricing will transact, while optimistic pricing strategies face extended market time. Current homeowners considering selling should recognize that the 5.3% appreciation provides equity gains but the limited competition means properties must be priced accurately from listing day one to avoid becoming stale inventory.

The PropIQ score of 55 signals caution, suggesting underlying fundamentals may not support sustained appreciation at the current 5.3% pace. Buyers should monitor whether days on market extends beyond 81 or if the percentage selling above list drops further below 4%, both indicating softening demand. The moderate score warns against assuming recent price growth continues linearly, particularly if interest rate conditions change or inventory levels increase throughout 2026.