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Royal Palm Estates, FL

Full City Profile · Florida · Palm Beach County County

2.0 /5.0
C Fair
1,722 Population 6,888/sq mi density
$51,461 Median Income $28,880 per capita
$321,200 Home Value $394,018 Zillow
$2,016 Median Rent 45.0% income on rent
76°F Avg Temperature 330 sunny days/yr
680 Violent Crime/100K 3,909 property/100K
C
Overall
2.0 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$51,461 median income, 4.1% unemployment
B
Affordability
3.1 / 5.0
$321,200 home value, $2,016/mo rent
F
Safety
1.0 / 5.0
680 violent crimes/100K (79% above avg)
F
Education
1.1 / 5.0
0.7% bachelor's degree or higher

Housing Overview

Median Home Value
$321,200
14% above
US avg: $281,900
Median Rent
$2,016/mo
73% above
US avg: $1,163/mo
Homeownership Rate
61.1%
7% below US avg (65.4%)
Total Housing Units
524
Median year built: 1976

Home Value by Source

Census Median
$321,200
Zillow (ZHVI)
$394,018
Median Sale Price
$447,250
Median List Price
$464,949
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.1%
Owner-Occupied
38.9%
Renter-Occupied
61%
39%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $2,016/mo

Market Indicators (Redfin)

Median Days on Market
47 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$320
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
45.0%
of renters spending 30%+ of income on housing
45% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
61.1%

Complete Housing Data

Home Values

Census Median Value$321,200
Zillow Home Value (ZHVI)$394,018
Median Sale Price$447,250
Median List Price$464,949
Price Per Sq Ft$320

Rent

Census Median Rent$2,016
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market47
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold2
Active Inventory5
Price Per Sq Ft$320

Ownership & Stock

Owner-Occupied61.1%
Renter-Occupied38.9%
Homeownership Rate61.1%
Total Housing Units524
Median Year Built1976
Rent Burden45.0%