The story of this market
The typical home in ZIP 33405 sells for about $792,000, or $1,063 per square foot.
Prices are up +170.3% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,566 a month.
ZIP 33405 — West Palm Beach
The 33405 market shows extremely low transaction volume, with only one closed sale reported in the most recent period, leading to highly volatile year-over-year price metrics. Data for many specific indicators such as tax rates, inventory, and demographic breakdowns are not currently published at the ZIP level. The market is characterized by a mix of high-end luxury listings and limited residential turnover.
Median prices moved up 170.3% year over year.
Homes spend a median of 55 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 14.2% — a stable, low-distress profile.
ZCTA 33405, Palm Beach County FL
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
not determinable
- Rapids Waterpark4.27.8 mi
- Fun Depot4.22.8 mi
- Ninja Kidz Action Park for kids4.97.4 mi
- Silverball Retro Arcade4.714.1 mi
- K1 Speed Riviera Beach3.99.2 mi
- South Florida Fair4.48.3 mi
- Loggerhead Marinelife Center4.815.1 mi
- PGA National Resort4.412.4 mi
- iTHINK Financial Amphitheatre4.58 mi
- Raymond F. Kravis Center for the Performing Arts4.72.8 mi
- Palm Beach Zoo & Conservation Society4.50.6 mi
- Manatee Lagoon4.76.8 mi
- Phil Foster Park4.68.3 mi
- CityPlace4.63 mi
- Flagler Museum4.83.5 mi
- Morikami Museum and Japanese Gardens4.817.4 mi
- Loggerhead Marinelife Center4.815.1 mi
- CityPlace4.63 mi
- Flagler Museum4.83.5 mi
- Norton Museum of Art4.72.5 mi
- Phil Foster Park4.68.3 mi
- CityPlace4.63 mi
- Okeeheelee Park4.86.5 mi
- Lake Worth Beach Park4.63.8 mi
- Mounts Botanical Garden4.63.6 mi
- U-Tiki Beach at Jupiter Inlet Marina4.519.4 mi
- Sailfish Marina4.47.8 mi
- Safe Harbor Rybovich4.75.9 mi
- Ocean Inlet Park4.78.4 mi
- Palm Harbor Marina4.63.6 mi
- PGA National Resort4.412.4 mi
- The Park4.81 mi
- Drive Shack4.72 mi
- Palm Beach Par-3 Golf Course4.72.6 mi
- Palm Beach National Golf & Country Club4.57.1 mi
- Tanger Outlets Palm Beach4.54.5 mi
- The Gardens Mall4.512.7 mi
- The Mall at Wellington Green4.59.3 mi
- CityPlace4.63 mi
- Boynton Beach Mall3.99.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price diverges 15.4% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $670,000 (-15.4% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.