Zip Code 33411

Royal Palm Beach, FLPalm Beach County

Real Estate Market Analysis

Q3 2025 Report
$490,000 (Q2 2025)
Median Home Value
~68,000
Population
$82,400
Median Income
A- (Niche 2025)
School District Rating

Market Statistics

Property Values

$490,000 (Q2 2025)
Median Home Value
$2,850/month (Q2 2025)
Median Rent
$278
Price per Sq Ft

Market Performance

Home Appreciation+4.2% YoY (2024-2025)
Market VelocityAverage DOM: 32 days; 18% of listings sell above list price
Foreclosure Rate0.7% (below state average)

Area Information

Area Size~35 sq mi
CountyPalm Beach
Primary CityRoyal Palm Beach

Housing Profile

Housing Statistics

Total Housing Units~27,000
Owner Occupied71%
Rental Properties29%
Vacant Units5.2%
New ConstructionActive, with several single-family and townhome developments (2024-2025)

Housing Types

Single-family homesTownhomesCondos55+ communities

Demographics

~68,000
Population
41.2
Median Age
$82,400
Median Income
96.1% (unemployment 3.9%)
Employment Rate
34% bachelor's degree or higher
Education Levels
Predominantly families and retirees; average household size: 2.8
Family Composition

Education Quality

School District Performance

A- (Niche 2025)
District Rating
School DistrictPalm Beach County School District
Test ScoresAbove state average; reading and math proficiency 10-15% higher than FL average
Graduation Rates92%

Schools in Area

  • Royal Palm Beach High School
  • Cypress Trails Elementary
  • H.L. Johnson Elementary
  • Crestwood Middle School

Economic Factors

Employment & Business

Job Growth+2.1% (2024-2025)
Unemployment Rate3.9%
Business EnvironmentStrong retail, healthcare, logistics, and professional services presence
Commercial ActivityActive retail corridors, logistics hubs, and medical offices

Major Employers

  • Wellington Regional Medical Center
  • Palm Beach County School District
  • Publix Super Markets
  • Amazon Fulfillment Center

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • Florida Turnpike
  • SR-7/US-441
  • Palm Tran bus service

Utilities & Services

  • FPL (electric)
  • Village water/sewer
  • Comcast/Xfinity, AT&T (internet/TV)

Quality of Life

Safety & Environment

Violent crime 30% below state average; property crime 18% below state average

Good air quality, extensive green space, moderate flood risk in select areas

Healthcare Access

  • Wellington Regional Medical Center
  • Palms West Hospital
  • Multiple urgent care centers

Development Trends

Planned Developments

  • Crestwood North Townhomes (2025)
  • Royal Palm Estates expansion

Infrastructure Projects

  • Okeechobee Blvd widening (2025-2027)

Investment Outlook

Growth Outlook

Steady, with moderate population and housing growth projected through 2027

Investment Opportunities

  • New construction homes
  • Value-add single-family flips
  • Build-to-rent communities

Marketing Intelligence

Target Demographics

  • Young families
  • Retirees
  • Move-up buyers
  • Healthcare professionals

Competitive Advantages

  • Lower price per sqft vs. Boca Raton/Wellington
  • Strong schools
  • Family-friendly reputation

Pricing Strategies

Competitive pricing just below Wellington/Boca Raton, with incentives for quick close

Common Objections & Response Strategies

Objection: Not as prestigious as Wellington or Boca Raton

Response Strategy:

Emphasize value, strong schools, and lower taxes

Objection: Concerns about hurricane risk

Response Strategy:

Highlight recent construction codes, flood mitigation, and insurance options

Objection: Commute to downtown West Palm Beach

Response Strategy:

Showcase proximity to Turnpike/SR-7 and flexible work trends

Professional Recommendations

1

Leverage school quality and community amenities in marketing

2

Target move-up and first-time buyers with tailored financing options

3

Promote new construction and builder incentives

4

Monitor insurance and tax changes impacting affordability

5

Network with local employers for relocation leads

Competitive Analysis

Comparable Markets

  • Wellington (33414)
  • Boca Raton (33434, 33496)
  • West Palm Beach (33411, 33417)

Market Positioning

Family-oriented, value-driven alternative to Wellington/Boca

Competitive Advantages

  • Lower entry price
  • Newer housing stock
  • Lower crime rates

Price Comparison

~10-20% lower median home price than Wellington/Boca Raton

Investment Metrics

5.4% (single-family rental)
Cap Rates
6.1% gross yield
Rental Yields
14.3
Price-to-Rent
Positive for well-priced single-family and townhome rentals
Cash Flow
3.8% annualized through 2027
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability, newer homes, and good schools; FHA/VA options common

Move-Up Buyers

Seeking larger homes, new construction, and community amenities

Downsizers

Interest in 55+ communities and low-maintenance townhomes

Investors

Focus on single-family rentals and value-add flips; strong rental demand

Relocators

Drawn by job growth, suburban lifestyle, and access to healthcare

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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