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Okeechobee Times

Friday, November 15, 2024

August 2021: Home prices in Pahokee increased

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The median sale price of a home sold in August 2021 in Pahokee rose by $185,250 while total sales decreased by 60%, according to BlockShopper.com.

In August 2021, there were two homes sold, with a median sale price of $270,250 - a 217.9% increase over the $85,000 median sale price for the same period of the previous year. There were five homes sold in Pahokee in August 2020.

The median sales tax in Pahokee for the most recent year with available data, 2018, was $828, approximately 0.3% of the median home sale price for August 2021.

The following table compares Pahokee to other Palm Beach County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Lake Park15150%$295,000$242,00021.9%
Sandalfoot Cove CDP44440%$293,500$238,25023.2%
Lake Clarke Shores121020%$282,500$391,000-27.7%
West Palm Beach30526714.2%$282,375$250,00013%
Riviera Beach937229.2%$280,000$237,00018.1%
Pahokee25-60%$270,250$85,000217.9%
Hypoluxo151050%$265,000$274,500-3.5%
Boynton Beach2021925.2%$250,000$229,2509.1%
Palm Springs3435-2.9%$223,450$169,00032.2%
Greenacres9091-1.1%$222,500$176,50026.1%
Belle Glade11837.5%$213,300$47,500349.1%

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