Palm Beach Gardens, FL—33412
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Palm Beach Gardens, FL
As of Oct '25, the median home price in Palm Beach Gardens, FL is $782,000, with a year-over-year change of -3.2%. This indicates that home prices in Palm Beach Gardens, FL are decreasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $782,000 | -3.2% |
| Single Family | $793,000 | -3.4% |
| Condos | $571,000 | -10.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $551,000 | -7.2% |
3 Bed | $679,000 | -3.4% |
4 Bed | $880,000 | -3.1% |
| 5 Bed | $1,304,000 | -2.0% |
% of Housing Stock
Rental Trends — Palm Beach Gardens, FL
As of July '25, Rentcast reports the average rent in Palm Beach Gardens, FL is $5,670, with a year-over-year rent change of 42.1%. Per bedroom, the median rent as of July '25 in Palm Beach Gardens, FL is 1-bedrooms: $2,220, 2-bedrooms: $2,630, 3-bedrooms: $5,600, 4-bedrooms: $5,740. The most common rental property sizes in Palm Beach Gardens, FL are 2-bedroom and 3-bedroom, accounting for 59.9% and 16.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,800 | $5,670 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,820 | $2,220 |
| 2 Bed Rent | $2,340 | $2,630 |
| 3 Bed Rent | $5,800 | $5,600 |
| 4 Bed Rent | $5,770 | $5,740 |
% of Rental Stock
Property Listings — Palm Beach Gardens, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Palm Beach Gardens, FL is 103. This is a increase of 57.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,140,000 | 1.0% |
Listing Count | 275 | 29.0% |
| Listings as % of Homes | 2.0% | 29.0% |
Days on Market | 103 | 57.0% |
Demographics — Palm Beach Gardens, FL
As of the latest ACS Survey released in 2023, Palm Beach Gardens, FL has a population of 15,500, which has increased by 3.9% over the past 5 years. Palm Beach Gardens, FL is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 41.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,500 | 3.9% |
% Under 18 | 18.5% | 17.1% |
% Seniors | 26.5% | 15.7% |
% WFH | 13.2% | 45.1% |
% w/ College Degree | 41.4% | 10.4% |
As of the latest ACS Survey released in 2023, Palm Beach Gardens, FL is a predominantly white area, with 71.8% of the population identifying as white. The white population has grown by 3.3% in the last 5 years. The second most common race or ethnicity in Palm Beach Gardens, FL is black, making up 11.6% of the population. Foreign-born residents account for 15.6% of the population in Palm Beach Gardens, FL, and this percentage has decreased by 18.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.8% | 3.3% |
% Black | 11.6% | -7.2% |
% Hispanic | 11.1% | 2.8% |
% Asian | 3.1% | -45.6% |
% Foreign Born | 15.6% | -18.8% |
Mortgage and Risk — Palm Beach Gardens, FL
According to HUD data as of 2023, there were 276 mortgage originations in Palm Beach Gardens, FL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Palm Beach Gardens, FL. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 276 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Palm Beach Gardens, FL
As of 2024, the percent of homes in Palm Beach Gardens, FL under the Section 8 program is 3.9%. 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 Palm Beach Gardens, FL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 35 |
Total Units Section 8 | 35 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,820 | $2,130 |
| 2 Bedroom | $210 | $2,340 | $2,550 |
| 3 Bedroom | -$2,430 | $5,800 | $3,370 |
| 4 Bedroom | -$1,700 | $5,770 | $4,070 |
Affordability — Palm Beach Gardens, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $782,000 |
| Median Household Income | $135,000 |