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Friday, November 15, 2024

How did home prices perform in Pahokee during the first half of 2021?

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The median sale price of a home sold in the first half of 2021 in Pahokee rose by $13,700 while total sales decreased by 16.7%, according to BlockShopper.com.

From January through June of 2021, there were 20 homes sold, with a median sale price of $83,700 - a 19.6% increase over the $70,000 median sale price for the same period of the previous year. There were 24 homes sold in Pahokee in the first half of 2020.

The median sales tax in Pahokee for the most recent year with available data, 2018, was $828, approximately 1% of the median home sale price for the first half of 2021.

The following table compares Pahokee to other Palm Beach County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Palm Springs1681558.4%$159,750$164,000-2.6%
Delray Beach (unincorporated)1,3541,05628.2%$156,000$145,0007.6%
West Palm Beach (unincorporated)1,0821,0512.9%$155,000$145,0006.9%
South Bay69-33.3%$137,500$115,00019.6%
Uninc-33415/Haverhill440%$97,500$154,000-36.7%
Mangonia Park135160%$84,000$96,000-12.5%
Pahokee2024-16.7%$83,700$70,00019.6%
Uninc-33403/Lake Park23-33.3%$80,000$66,00021.2%
West Boynton242020%$77,500$60,00029.2%
Uninc-33409/West Palm Beach South5425%$65,000$65,0000%
Canal Point (unincorporated)330%$46,000$60,000-23.3%

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