Palm Beach Gardens, FL—33418
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 $691,000, with a year-over-year change of -4.9%. This indicates that home prices in Palm Beach Gardens, FL are decreasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $691,000 | -4.9% |
| Single Family | $812,000 | -4.5% |
| Condos | $316,000 | -9.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $176,000 | -13.7% |
2 Bed | $360,000 | -7.5% |
3 Bed | $656,000 | -4.8% |
4 Bed | $1,129,000 | -4.6% |
| 5 Bed | $1,789,000 | -2.7% |
% of Housing Stock
Rental Trends — Palm Beach Gardens, FL
As of July '25, Rentcast reports the average rent in Palm Beach Gardens, FL is $3,990, with a year-over-year rent change of 9.0%. Per bedroom, the median rent as of July '25 in Palm Beach Gardens, FL is 1-bedrooms: $2,290, 2-bedrooms: $3,480, 3-bedrooms: $4,480, 4-bedrooms: $6,860. The most common rental property sizes in Palm Beach Gardens, FL are 2-bedroom and 3-bedroom, accounting for 43.7% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,990 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,260 | $2,290 |
| 2 Bed Rent | $3,000 | $3,480 |
| 3 Bed Rent | $3,950 | $4,480 |
| 4 Bed Rent | $6,750 | $6,860 |
% 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 77. This is a increase of 13.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $838,000 | -3.0% |
Listing Count | 493 | 6.0% |
| Listings as % of Homes | 1.6% | 6.0% |
Days on Market | 77 | 13.0% |
Demographics — Palm Beach Gardens, FL
As of the latest ACS Survey released in 2023, Palm Beach Gardens, FL has a population of 43,000, which has increased by 6.8% over the past 5 years. Palm Beach Gardens, FL is a moderately popular place for families, as children make up 18.1% of the population. The area has a highly educated workforce, with 59.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,000 | 6.8% |
% Under 18 | 18.1% | 13.1% |
% Seniors | 29.7% | -2.3% |
% WFH | 22.4% | 135.8% |
% w/ College Degree | 59.0% | 13.2% |
As of the latest ACS Survey released in 2023, Palm Beach Gardens, FL is a predominantly white area, with 75.0% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Palm Beach Gardens, FL is hispanic, making up 12.5% of the population. Foreign-born residents account for 14.9% of the population in Palm Beach Gardens, FL, and this percentage has decreased by 7.5% 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 | 75.0% | -3.5% |
% Black | 5.5% | -9.8% |
% Hispanic | 12.5% | 16.8% |
% Asian | 4.1% | 7.9% |
% Foreign Born | 14.9% | -7.5% |
Mortgage and Risk — Palm Beach Gardens, FL
According to HUD data as of 2023, there were 706 mortgage originations in Palm Beach Gardens, FL, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Palm Beach Gardens, FL. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 706 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 11.0% |
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 0.6%. 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 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 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 41 |
Total Units Section 8 | 41 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $2,260 | $2,370 |
| 2 Bedroom | -$170 | $3,000 | $2,830 |
| 3 Bedroom | -$250 | $3,950 | $3,700 |
| 4 Bedroom | -$2,330 | $6,750 | $4,420 |
Affordability — Palm Beach Gardens, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $691,000 |
| Median Household Income | $123,000 |