West Palm Beach 33406

Name: 33406 West Palm Beach, FL housing market record
Creator: Lotvox
License: https://lotvox.com/terms

Palm Beach County, FL · 8,423 properties with county records

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West Palm Beach 33406 is in Palm Beach County, FL, part of the Miami–Fort Lauderdale Metro. The typical home value in West Palm Beach 33406 is $429,129 (Zillow Home Value Index, August 2026), up 1.9% from a year earlier. Homes that sold went under contract in a median 97 days, and 28% of listings took a price cut (Redfin Data Center, period ending Aug 31, 2026). On Lotvox's market-leverage reading of that data, with 3.8 months of supply, buyers hold the advantage. The Lotvox Turnover Index is not published for 33406 yet: it appears only where a held-out test on the county's recorded sales beats chance. Across Palm Beach County's 50 ZIPs with a Zillow value, the middle one is $464,900, so 33406 sits 8% below the county middle. Typical rent is $2,256 a month (Zillow Observed Rent Index, August 2026). Lotvox holds county assessor records for 8,423 properties in 33406.

Headline value data through August 2026. Each source below carries its own date.

Is 33406 a buyer's or seller's market?

By Lotvox's leverage reading of Redfin data through Aug 31, 2026, 33406 is a buyer's market. Homes went under contract in a median 97 days with 3.8 months of supply.

What do homes in 33406 sell for?

The typical home value in 33406 is $429,129 (Zillow Home Value Index, August 2026), up 1.9% in a year. County records put the median at about $134 per square foot (computed Apr 21, 2026).

Who is likely to sell in 33406?

Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 33406 has not passed that test yet. When it does, the score appears here.

How does 33406 compare to Palm Beach County?

33406's typical value of $429,129 compares with a middle value of $464,900 across Palm Beach County's 50 ZIPs. Both are Zillow Home Value Index figures for August 2026.

Where does this 33406 data come from?

Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.

Sources: Zillow Home Value Index (ZHVI) (as of Aug 31, 2026) · Redfin Data Center (as of Aug 31, 2026) · Zillow Observed Rent Index (ZORI) (as of Aug 31, 2026) · county assessor records (counted Oct 15, 2026) · How Lotvox works

Cite as: Lotvox ZIP market record, 33406 West Palm Beach, FL, data through August 2026, https://lotvox.com/miami/zip/33406

Listings Flow Ladder — Listings flow could not be loaded (429).

Should you buy here?

buyer-timing lens

46affordability /100

Buyer leverage is buyer advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden

35.8%

stretched

Days on market

daily

Price cuts

27.7%

of active

Valuation

+133.8%

vs assessor

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Rent vs own — the renter's question first

$2,256

median rent · per month

$2,806

total cost to own · per month

+$550

more to own · per month

Rent to price — the investor's question first

15.9×

price to annual rent

Lower is friendlier to a buy-to-let case. This is a ratio of published medians, not a yield on any particular property.

/100

Mixed

stable · buyer advantage · prices rising year-over-year.

Price trend

Affordability

Valuation

Economic health

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / seller

buyer-timing lens

Balanced Market

Needs 16.2% correction for affordability

DOM: 90d (rising) · Market Dynamics rolling median · hourly

Score Components

Payment Burden (25%)50

Valuation Gap (25%)10

Supply & Demand (20%)100

Buy vs Rent (15%)25

Cancellation Rate (10%)25

Days on Market (5%)75

Balanced market in 33406. List price is roughly fair — focus on condition and value. Payment burden: 32.6% of median income. Median days on market: 90. Renting is approximately 22% cheaper than buying (price-to-rent ratio: 14.6).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.

STABLEBUYER ADVANTAGE

Market is holding steady with balanced conditions. Buyers have strong negotiating leverage.

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<p style="font:12px system-ui;margin:4px 0 0"><a href="https://lotvox.com/miami/zip/33406?utm_source=embed&utm_medium=backlink">West Palm Beach 33406 housing market data</a> by <a href="https://lotvox.com/">Lotvox</a></p>

Market snapshot

each number, once

Median price

$429,129

▴ 1.9% YoY

Days on market

daily · zip_data

Median rent

$2,256

ZORI

Investor score

71/100

cash-flow lens

Active listings

90-day

Valuation

3 lenses, different anchors

vs assessor

+133.8%

Market vs assessed value — a tax-roll lag, not a deal signal.

Avg assessor$1,003,250

county CAMA · properties_v

vs income

—

Fair-value model not available for this market.

fair_value_scores · 10-state coverage

vs county comps

+74.7%

County-wide market — the widest, slowest signal.

Palm Beach+74.7%

Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.

Pricing detail

Price / sqft$134

Price-to-income5.4×

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How 33406 ranks in FL

percentile vs all Florida ZIPs · n=1098

Market velocity21%

Supply tightness0%

Affordability35%

Investment yield56%

Appreciation81%

Affordability, supply & momentum

27SUPPLY

BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply16.1 mo

Days on Market97d

Inv vs History-26.0%

Listing Density8.7/1k

Affordability — payment burden

Monthly payment (P&I)$2,377

Payment burden35.8%

Median income · ZIP$79,696

Mortgage rate7.4% · 30yr

Total monthly own$2,806

Monthly rent$2,256

Market dynamics

Price cut %27.7%

Momentumstable

LeverageBUYER ADVANTAGE

Months of supply3.8

Sales (90d)60

Investment analysis

Median rent$2,256

Price-to-rent15.9

Est. cap rate4.5%

Buy vs rentneutral

Livability

Walk score1

Transit score1

Bike score—

Historical trends

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Housing pulse

4 charts, one facade

Housing pulse — Housing pulse could not be loaded (429).

Price bands

mix-shift

Price Bands — the median behind the median

A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Palm Beach.

Current tiers · 12 months to Aug 25floor 10 sales/tier

3 tiers had too few sales in this ZIP and are shown at county or metro level — see the stamp on each row.

Tier	Median	$/sqft	Sales	Share	Source
Under $250k	$163k	$157	26	9.5%	ZIP
$250k–$500k	$345k	$269	131	48.0%	ZIP
$500k–$750k	$580k	$332	79	28.9%	ZIP
$750k–$1M	$800k	$421	24	8.8%	ZIP
$1M–$1.5M	$1.20M	$459	2,284	—	COUNTY · Palm Beach, FL
$1.5M–$2M	$1.71M	$535	1,221	—	COUNTY · Palm Beach, FL
$2M+	$2.95M	$843	2,042	—	COUNTY · Palm Beach, FL
All sales (the headline median)	$450k	$306	273	100%	ZIP

No mix-shift history for this area. no geography from this ZIP up to metro has 8+ quarters of 10+ recorded arms-length sales across at least 4 price tiers. Trends are drawn only from recorded transactions; the last-sale snapshot above cannot carry a time series, because a property that sold twice keeps only its latest sale — which drags the history upward through the tiers and would invent the very mix shift this section exists to test for.

National context — not local

NAR's aggregate existing-home median for the United States and the South census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 33406.

United States
South

Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.

Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.

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Palm Beach County context

macro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

ZIP 33406→Palm Beach County, FL

12-Month Direction

-12Moderate Deterioration

Confidence

100%

DeterioratingStableImproving

BuildersLens Market Intelligence

Market Score

35· Weak

Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.

Payment Burden

35.8%

stretched

Source: Freddie Mac PMMS (FRED MORTGAGE30US) 7.4% · Zillow ZHVI · Census income · Updated 2026-10-08

Price-to-rent

15.9x

neutral

Source: Zillow ZHVI ÷ (Zillow ZORI × 12)

Valuation0

+74.7%

overvalued

Source: Lotvox comps · Updated 2026-05-15