From July through December of 2021, there were three homes sold, with a median sale price of $190,000 - a 493.8% increase over the $32,000 median sale price for the same period of the previous year. There were five homes sold in Canal Point (unincorporated) in the second half of 2020.
The median sales tax in Canal Point (unincorporated) for the most recent year with available data, 2018, was $1,085, approximately 0.6% of the median home sale price for the second half of 2021.
The following table compares Canal Point (unincorporated) to other Palm Beach County cities with similar median sale prices in the second half of 2021:
| City | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Uninc-33413/West Palm Beach Canal | 2 | 3 | -33.3% | $239,605.10 | $335,900 | -28.7% |
| Royal Palm Beach (unincorporated) | 312 | 305 | 2.3% | $237,500 | $250,000 | -5% |
| Belle Glade | 45 | 43 | 4.7% | $218,000 | $141,550 | 54% |
| Greenacres | 534 | 493 | 8.3% | $204,450 | $185,000 | 10.5% |
| Palm Springs | 237 | 180 | 31.7% | $200,000 | $172,500 | 15.9% |
| Canal Point (unincorporated) | 3 | 5 | -40% | $190,000 | $32,000 | 493.8% |
| Delray Beach (unincorporated) | 1,437 | 1,259 | 14.1% | $180,000 | $158,000 | 13.9% |
| West Palm Beach (unincorporated) | 1,294 | 1,175 | 10.1% | $177,000 | $165,000 | 7.3% |
| Belle Glade (unincorporated) | 1 | 1 | 0% | $170,000 | $110,000 | 54.5% |
| Uninc-33409/West Palm Beach South | 12 | 10 | 20% | $147,500 | $137,500 | 7.3% |
| Uninc-33403/Lake Park | 4 | 6 | -33.3% | $140,000 | $73,500 | 90.5% |
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