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Okeechobee Times

Tuesday, April 22, 2025

Belle Glade home prices fall in May 2020

Webp re 10

The median sale price of a home sold in May 2020 in Belle Glade fell by $50,500 while total sales decreased by 25%, according to BlockShopper.com.

In May 2020, there were six homes sold, with a median sale price of $56,000 - a 47.4% decrease over the $106,500 median sale price for the same period of the previous year. There were eight homes sold in Belle Glade in May 2019.

The median sales tax in Belle Glade for the most recent year with available data, 2018, was $1,211, approximately 2.2% of the median home sale price for May 2020.

The following table compares Belle Glade to other Palm Beach County cities with similar median sales prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Hypoluxo513-61.5%$216,000$161,50033.7%
Greenacres5493-41.9%$178,450$165,0008.2%
Palm Springs1840-55%$162,250$157,0003.3%
West Palm Beach (unincorporated)115258-55.4%$159,900$133,75019.6%
South Palm Beach713-46.2%$140,000$333,000-58%
Delray Beach (unincorporated)132226-41.6%$139,000$130,0006.9%
South Bay12-50%$125,000$88,50041.2%
West Boynton48-50%$107,500$59,00082.2%
Mangonia Park110%$96,000$56,00071.4%
Pahokee61500%$86,250$130,000-33.7%
Belle Glade68-25%$56,000$106,500-47.4%

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