From January through December of 2019, there were seven homes sold, with a median sale price of $112,270 - a 29% increase over the $87,000 median sale price for the previous year. There were seven homes sold in Canal Point (unincorporated) in 2018, as well.
The median sales tax in Canal Point (unincorporated) for the most recent year with available data, 2014, was $929, approximately 0.8% of the median home sale price for 2019.
The following table compares Canal Point (unincorporated) to other Palm Beach County cities with similar median sales prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Uninc-33409/West Palm Beach South | 13 | 10 | 30% | $137,500 | $133,500 | 3% |
| Delray Beach (unincorporated) | 2,332 | 2,207 | 5.7% | $137,500 | $125,100 | 9.9% |
| West Palm Beach (unincorporated) | 2,251 | 2,211 | 1.8% | $135,000 | $126,000 | 7.1% |
| West Boca | 77 | 57 | 35.1% | $120,000 | $97,500 | 23.1% |
| Belle Glade (unincorporated) | 4 | 6 | -33.3% | $120,000 | $55,000 | 118.2% |
| Canal Point (unincorporated) | 7 | 7 | 0% | $112,270 | $87,000 | 29% |
| Belle Glade | 99 | 82 | 20.7% | $103,000 | $77,500 | 32.9% |
| Uninc-33415/Haverhill | 13 | 8 | 62.5% | $100,000 | $150,500 | -33.6% |
| Mangonia Park | 26 | 15 | 73.3% | $75,966.67 | $71,750 | 5.9% |
| West Boynton | 49 | 38 | 28.9% | $70,000 | $56,500 | 23.9% |
| Pahokee | 45 | 47 | -4.3% | $60,000 | $62,000 | -3.2% |
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