Palm Beach Gardens Home Prices: $695K, Down 2% — 3 ZIPs (2026)

$695,181. That’s the typical home value in Palm Beach Gardens as of February 2026 — down 2.0% from a year ago, but up nearly $10,000 since the October low. The market hit bottom last fall and has climbed for four straight months.

Quick answer: The average home price in Palm Beach Gardens, FL is $695,181 as of February 2026, down 2.0% year over year according to Zillow.

Current Home Prices in Palm Beach Gardens

The headline number tells one story. The price range across neighborhoods tells another.

The gap between the cheapest and priciest ZIP in this city is over $230,000. That’s a meaningful difference for a town of about 63,000 people. You’re not buying into one market here — you’re picking between three.

The 2.0% annual decline is mild. To put it in dollars, a home worth $710,000 last February is worth roughly $14,000 less today. That’s a correction, not a crash.

The trough came in October 2025 at $685,493. From there, values have ticked up four months in a row. February 2026 alone added $3,477 to the typical value.

So the year-over-year number reads as a decline, but the recent trend reads as a recovery. Both are true at the same time.

Palm Beach Gardens Home Prices by Neighborhood

Three ZIP codes cover the city. Each one targets a different buyer.

Most Expensive

33412 leads at $802,734, roughly 16% above the city median. Rent here clears $5,000 a month, the only ZIP in the city above that line.

33418 sits in the middle at $710,944. Values are slightly above the city average and rents come in at $3,049.

Most Affordable

33410 is the entry point at $571,864 — nearly $231,000 cheaper than 33412 and the only sub-$600K ZIP in the city. Rent of $2,601 is also the lowest of the three. If you’re priced out of the rest of Palm Beach Gardens, this is where you look.

Rent vs Buy in Palm Beach Gardens

The three ZIPs average about $3,600 in monthly rent.

A 20% down payment on the $695,181 median works out to $556,145 financed. At a 7% rate over 30 years, principal and interest alone come to roughly $3,700 a month. Add Florida property taxes (typically 1-2% of value annually) and homeowners insurance — both of which run high in coastal counties — and the monthly nut for owners pushes well past $5,000.

Renters in 33410 and 33418 are paying less than half of what an equivalent home would cost to own. Even in 33412, where rents top $5,000, ownership at the local price point is still more expensive on a monthly basis.

That math favors renting in 2026, especially for buyers who haven’t yet built a down payment. The case for buying rests on long-term appreciation — and with values down 2% over the past year, that case is on hold.

Population Growth and Migration

Palm Beach Gardens has added 4,036 residents since 2020.

Growth has accelerated. The city added 304 residents in 2021, then 1,126 in 2022, 1,435 in 2023, and 1,171 in 2024. Four-year growth comes to 6.8%.

That’s slower than several Florida peers.

Palm Beach Gardens grew at almost the same rate as Tampa, but at a fraction of the absolute scale. It’s not a boomtown like Port St. Lucie. It’s a small, steadily growing suburb in a metro that keeps drawing people in.

For housing demand, the 6.8% gain matters. Population grew while home values dipped — meaning the price softness reflects national rate pressure, not local exodus.

Palm Beach Gardens Housing Market Trends

Twelve months of monthly data show the full cycle.

Prices fell every month from March through October 2025 — eight straight months of declines totaling $23,921. The bottom held in October. November ticked up. December, January, and February each added more.

The recent four-month gain comes to $9,688. Roughly 40% of last year’s losses have been recovered. February’s $3,477 monthly gain was the largest of the rebound.

You’re not looking at a chart that crashed. You’re looking at a market that softened, found a floor, and started inching back.

Is Palm Beach Gardens a Good Place to Buy in 2026?

The data points in two directions.

In favor of buying: prices are 2% below year-ago levels, four ZIPs offer different price points, and the population keeps growing. The October-to-February rebound suggests the easy declines are over. If you wait, you may pay more, not less.

Against buying: rent is dramatically cheaper than ownership at current rates. The $230,000 spread between ZIPs means you need to know exactly what you’re getting — buying in 33412 at $800K commits you to a different market than 33410 at $571K.

The verdict depends on your timeline. For buyers planning to stay 5+ years, the slight price dip combined with steady population growth makes the math workable. For shorter timelines, the rent-vs-buy gap argues for waiting and saving.

This isn’t a screaming buyer’s market. It’s a steady one with mild softness — which historically has been a fine time to buy if you can afford the carry costs.

Palm Beach Gardens Housing Market Outlook for 2026-2027

The 3-month trend is up. Values gained $3,477 in February, $2,650 in January, and $2,430 in December — a clear acceleration.

If the current pace continues, prices could test the $700,000 mark by mid-2026. That would still leave values below the March 2025 peak of $709,414, but well above the October trough.

The 12-month picture is more uncertain. The year-over-year reading is still negative at -2.0%. For that to flip positive, the city needs to cross roughly $709K — which would require seven more months at February’s pace.

Population growth supports the case for further recovery. Four years of steady gains suggest demand isn’t going away. What happens next depends largely on mortgage rates, which sit outside this dataset.

Similar Markets in FL

If Palm Beach Gardens prices push your budget, several Florida cities offer comparison points:

• Port Saint Lucie — a fast-growing alternative one county north with much higher population growth.
• Fort Lauderdale — a larger coastal market in the same metro area.
• Pembroke Pines — a Broward County suburb with similar single-family character.
• Miami — the metro anchor, with deeper inventory and a broader price spectrum.
• Tampa — a Gulf Coast option with comparable population growth.

Frequently Asked Questions

What is the average home price in Palm Beach Gardens?

The typical home value is $695,181 as of February 2026. That figure is based on the Zillow Home Value Index across three ZIP codes — 33410, 33412, and 33418 — which range from $571,864 to $802,734.

Are home prices going up or down in Palm Beach Gardens?

Year over year, prices are down 2.0%. But the short-term trend is up: values have risen for four consecutive months since bottoming at $685,493 in October 2025, gaining $9,688 over that stretch.

Is it cheaper to rent or buy in Palm Beach Gardens?

Renting is cheaper at current mortgage rates. Average rent across the city sits near $3,600, while a 20% down mortgage on the median home runs about $3,700 in principal and interest before adding Florida property taxes and homeowners insurance.

What is the most affordable neighborhood in Palm Beach Gardens?

ZIP 33410 is the cheapest at $571,864 — roughly $231,000 below the priciest ZIP in the city and about 18% under the city median. It also has the lowest average rent at $2,601 per month.

Methodology

Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.