From January through December of 2020, there were eight homes sold, with a median sale price of $41,500 - a 63% decrease over the $112,270 median sale price for the previous year. There were seven homes sold in Canal Point (unincorporated) in 2019.
The median sales tax in Canal Point (unincorporated) for the most recent year with available data, 2018, was $1,085, approximately 2.6% of the median home sale price for 2020.
The following table compares Canal Point (unincorporated) to other Palm Beach County cities with similar median sale prices in 2020:
| City | Jan. - Dec. 2020 Home Sales | Jan. - Dec. 2019 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2020 Median Sales Price | Jan. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| West Palm Beach (unincorporated) | 2,226 | 2,316 | -3.9% | $155,000 | $138,250 | 12.1% |
| Delray Beach (unincorporated) | 2,315 | 2,326 | -0.5% | $151,000 | $137,500 | 9.8% |
| Belle Glade | 71 | 103 | -31.1% | $130,000 | $110,000 | 18.2% |
| Mangonia Park | 15 | 26 | -42.3% | $128,000 | $75,966.67 | 68.5% |
| South Bay | 16 | 24 | -33.3% | $112,500 | $53,000 | 112.3% |
| Uninc-33409/West Palm Beach South | 14 | 13 | 7.7% | $110,000 | $137,500 | -20% |
| Pahokee | 49 | 43 | 14% | $75,000 | $55,250 | 35.7% |
| West Boynton | 36 | 51 | -29.4% | $70,000 | $70,000 | 0% |
| Uninc-33403/Lake Park | 9 | 11 | -18.2% | $68,000 | $52,000 | 30.8% |
| Belle Glade (unincorporated) | 2 | 3 | -33.3% | $65,000 | $85,000 | -23.5% |
| Canal Point (unincorporated) | 8 | 7 | 14.3% | $41,500 | $112,270 | -63% |
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