If you’re asking yourself, “Should I buy a home in Palm Beach County now or wait?”, you’re not alone. Many buyers are weighing the current real estate market trends in West Palm Beach, Boca Raton, Delray Beach, and surrounding areas before making one of the biggest decisions of their lives. In this blog, we’ll break down factors like inventory, pricing, interest rates, and local market trends to help you decide the best time to invest in 2025.
Current Market Overview in Palm Beach County
Rising Inventory Levels
One of the most notable changes in the Palm Beach County real estate market is the increase in housing inventory.
According to recent data, the number of active listings in the county has risen by approximately 25.1% year-over-year, reaching over 13,000 active listings as of June 2025 . This surge provides buyers with more options and potentially less competition compared to previous years.
Home Prices and Affordability
Despite the increase in inventory, home prices in Palm Beach County have remained relatively stable. The median sale price for single-family homes was reported at $475,000 in early 2025 . While this is a slight increase from previous years, it still represents a more balanced market compared to the rapid price escalations seen during the pandemic.
Interest Rates and Financing
After climbing earlier this year, mortgage rates have slipped back to around 6.35% for a 30-year fixed loan. That’s a noticeable drop from recent highs and a window of opportunity for serious buyers.
While still higher than the rock-bottom rates of the past few years, today’s rates are relatively moderate compared to historic averages. Many experts believe we’ll remain in the mid-6% range for the rest of the year — and any sudden economic shifts could push rates higher again.
This is exactly why acting now makes sense:
Lower rates today mean more buying power and smaller monthly payments.
More buyers are jumping back into the market, which could drive prices up.
Waiting could cost you if rates tick upward again or home prices climb further.
If you’ve been on the fence, this dip in rates is your signal. Lock in your mortgage now, secure your dream home, and start building equity before the next wave of buyers rushes in.
¨In real estate, buy and hold is the key. Short-term resale is not profitable.¨
