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Royal Palm Beach, FL—33411

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$456,000
4.4% YoY Growth
Household Income
$89,300
30.4% YoY Growth
Days on Market
77
4.0% Shorter YoY
Home Price Forecast
2.0%
Median Rent
$2,400
1.5% YoY Growth
1-Bed Rent
$1,800
6.8% YoY Growth
2-Bed Rent
$2,150
2.2% YoY Growth
3-Bed Rent
$2,950
0.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Royal Palm Beach, FL

As of Dec '25, the median home price in Royal Palm Beach, FL is $456,000, with a year-over-year change of -4.4%. This indicates that home prices in Royal Palm Beach, FL are decreasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$456,000-4.4%
Single Family $515,000-4.1%
Condos $166,000-17.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • $110,000
    -18.5%
    2 Bed
    $207,000-13.4%
    3 Bed
    $471,000-4.1%
    4 Bed
    $613,000-3.8%
    5 Bed $742,591-4.2%
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    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    6.9%
    2 Bedrooms
    25.3%
    3 Bedrooms
    46.1%
    4 Bedrooms
    16.5%
    5+ Bedrooms
    4.6%

    Rental Trends — Royal Palm Beach, FL

    As of July '25, Rentcast reports the average rent in Royal Palm Beach, FL is $2,700, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Royal Palm Beach, FL is 1-bedrooms: $1,790, 2-bedrooms: $2,210, 3-bedrooms: $3,020, 4-bedrooms: $4,060. The most common rental property sizes in Royal Palm Beach, FL are 3-bedroom and 2-bedroom, accounting for 37.0% and 36.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,400$2,700
    Studio Rent N/AN/A
    1 Bed Rent $1,800$1,790
    2 Bed Rent $2,150$2,210
    3 Bed Rent $2,950$3,020
    4 Bed Rent $3,800$4,060
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    % of Rental Stock

    Studio
    1.7%
    1 Bedroom
    17.2%
    2 Bedrooms
    36.1%
    3 Bedrooms
    37.0%
    4 Bedrooms
    5.4%
    5+ Bedrooms
    2.7%

    Property Listings — Royal Palm Beach, FL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Royal Palm Beach, FL is 72. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $442,0000.0%
    Listing Count
    5433.0%
    Listings as % of Homes1.3%3.0%
    Days on Market
    77-4.0%
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    Demographics — Royal Palm Beach, FL

    As of the latest ACS Survey released in 2023, Royal Palm Beach, FL has a population of 75,300, which has increased by 5.2% over the past 5 years. Royal Palm Beach, FL is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 38.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    75,3005.2%
    % Under 18
    20.7%-3.7%
    % Seniors
    21.1%17.9%
    % WFH
    11.1%177.5%
    % w/ College Degree
    38.9%18.2%
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    As of the latest ACS Survey released in 2023, Royal Palm Beach, FL is a predominantly white area, with 43.6% of the population identifying as white. The white population has shrunk by 14.2% in the last 5 years. The second most common race or ethnicity in Royal Palm Beach, FL is black, making up 24.3% of the population. Foreign-born residents account for 26.0% of the population in Royal Palm Beach, FL, and this percentage has increased by 9.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    43.6%-14.2%
    % Black
    24.3%4.7%
    % Hispanic
    23.7%17.3%
    % Asian
    4.6%4.5%
    % Foreign Born
    26.0%9.2%
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    Mortgage and Risk — Royal Palm Beach, FL

    According to HUD data as of 2023, there were 300 mortgage originations in Royal Palm Beach, FL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Royal Palm Beach, FL. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    300
    % Conventional Loans
    74.0%
    % Government Loans
    26.0%
    % Investor Loans
    2.0%
    % Second Loans
    1.0%
    % Cash Out Refinance
    16.0%
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    Rentals and Section 8 — Royal Palm Beach, FL

    As of 2024, the percent of homes in Royal Palm Beach, FL under the Section 8 program is 4.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Royal Palm Beach, FL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    260
    Total Units Section 8
    255
    % Rentals under Section 8
    4.1%
    % Occupied Section 8
    82.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$60$1,800$1,860
    2 Bedroom$70$2,150$2,220
    3 Bedroom-$50$2,950$2,900
    4 Bedroom-$330$3,800$3,470

    Affordability — Royal Palm Beach, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5
    Median Home Price$456,000
    Median Household Income$89,300

    Royal Palm Beach, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    West Palm Beach, FL

    33413

    Century Village, FL

    33417

    Wellington, FL

    33414

    Palm Beach Gardens, FL

    33412

    West Palm Beach, FL

    33415

    Frequently Asked Questions