February 2026
North Palm Beach Market Update
The Village of North Palm Beach kicked off 2026 with a market full of contrasts, where rising prices and surging buyer interest tell a story of demand that has not slowed down, even as available homes continue to shrink. Whether you are eyeing a waterfront single-family home or a low-maintenance townhouse and condo, the numbers this month reveal some compelling shifts worth understanding before you make your next move.
North Palm Beach Single-Family Home
The single-family home segment was lean in January. Closed sales came in at just 3, down 25% from a year ago, and active inventory dropped 53% year over year to only 24 homes available across the village. With months supply of inventory sitting at just 2.6 months, down from 6.4 months a year ago, buyers are navigating a compressed and competitive landscape. On the pricing side, the median sale price landed at $635,000, which reflects a 68% decrease compared to January 2025, likely driven by the limited and specific mix of homes that closed this month rather than a true decline in home values. The bright spot here is demand. New listings jumped 17% to 14 homes, and new pending sales surged 80% to 9 contracts, a clear sign that buyers are ready and motivated as fresh inventory hits the market.
North Palm Beach Townhouses and Condos
The townhouse and condo market in North Palm Beach told a different story this January. Closed sales reached 10, down 41% from last year, while active inventory fell 50% to 93 units. Months supply dropped from 10.0 months a year ago to 5.9 months, signaling a tightening market that is moving toward more balanced territory. The standout number this month is the median sale price of $582,500, an impressive 85% jump from a year ago, reflecting the premium buyers are willing to pay for well-positioned townhouse and condo properties in this village. New listings came in at 34, down 42%, while new pending sales held at 9, down 50%, suggesting that while activity cooled slightly, serious buyers are still engaging.
North Palm Beach in January 2026 is a market defined by shrinking supply and serious buyers. Sellers hold significant leverage in both property types, and the jump in pending sales for single-family homes suggests a more active spring could already be in motion. If you are thinking about buying or selling in the village, timing and strategy matter more than ever right now.
Ready to make your move in North Palm Beach? The Branham Group is here to help you navigate this market with confidence. Reach out today and let's talk about what January's numbers mean for your real estate goals.
