Homes Under $500K in Palm Beach, FL

There are 26 homes under $500K for sale in Palm Beach, Florida right now, priced from $275K to $500K. The median list price is $389,000. That puts this segment 85% below the overall Palm Beach median of $2,610,000 across 258 active listings.

These homes average 1,001 square feet of living area on lots averaging 0.17 acres. Average pricing runs $392 per square foot versus $4,118 citywide. The median year built is 1971. 4% of them include a private pool.

This segment averages 159 days on market, 18 days longer than the Palm Beach average of 141. The median closed-sale price in Palm Beach is $2,625,000. Deals close at 92.1% of list price. The absorption rate is 7.5%.

The largest concentration is in Patrician Of Palm Beach Condo, with 15 available listings. The rest is spread across 11 other communities and 2 ZIP codes.

María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.