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Friday, November 15, 2024

The first half of 2021: Home prices in Belle Glade increased

Realestate4

The median sale price of a home sold in the first half of 2021 in Belle Glade rose by $90,000 while total sales increased by 13.8%, according to BlockShopper.com.

From January through June of 2021, there were 33 homes sold, with a median sale price of $170,000 - a 112.5% increase over the $80,000 median sale price for the same period of the previous year. There were 29 homes sold in Belle Glade in the first half of 2020.

The median sales tax in Belle Glade for the most recent year with available data, 2018, was $1,211, approximately 0.7% of the median home sale price for the first half of 2021.

The following table compares Belle Glade 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)
Hypoluxo896732.8%$230,000$208,00010.6%
Boynton Beach98788911%$215,000$200,0007.5%
Royal Palm Beach (unincorporated)2492394.2%$206,100$252,500-18.4%
Belle Glade (unincorporated)31200%$200,000$20,000900%
Greenacres47442112.6%$189,750$172,00010.3%
Belle Glade332913.8%$170,000$80,000112.5%
West Boca2633-21.2%$160,700$136,51017.7%
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%

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