Royal Palm Beach, FL—33411
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Royal Palm Beach, FL
As of Oct '25, the median home price in Royal Palm Beach, FL is $461,000, 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 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $461,000 | -4.4% |
| Single Family | $520,000 | -4.2% |
| Condos | $168,000 | -16.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $111,000 | -17.8% |
2 Bed | $207,000 | -13.7% |
3 Bed | $475,000 | -4.4% |
4 Bed | $616,000 | -4.0% |
| 5 Bed | $746,000 | -4.5% |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,700 |
| Studio Rent | N/A | N/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 |
% of Rental Stock
Property Listings — Royal Palm Beach, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Royal Palm Beach, FL is 71. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $454,000 | -7.0% |
Listing Count | 572 | 6.0% |
| Listings as % of Homes | 1.3% | 6.0% |
Days on Market | 71 | 12.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 75,300 | 5.2% |
% Under 18 | 20.7% | -3.7% |
% Seniors | 21.1% | 17.9% |
% WFH | 11.1% | 177.5% |
% w/ College Degree | 38.9% | 18.2% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $461,000 |
| Median Household Income | $89,300 |