Rising Home Values in Palm Beach County: Comprehensive City-by-City Analysis
Posted by Andy Mandel on
The demand for housing remains high in Palm Beach County, with home values rising across the board last year in all 39 cities, towns, and villages. According to the property appraiser’s estimates released Wednesday, countywide taxable property values increased by 9.12%, factoring in new construction, and every municipality saw its overall home value rise.
Key Highlights:
- Highest Increase: Westlake saw the highest increase in taxable value at 40.50%.
- Lowest Increase: Atlantis had the lowest increase in taxable value at 4.99%.
- Highest Median Sales Price: The Town of Palm Beach had the highest median home sale price at $13 million.
- Lowest Median Sales Price: South Bay had the lowest median home sale price at $200,000.
Detailed…
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