3 Bedroom Homes for Sale in Flamingo Park, West Palm Beach, FL

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Flamingo Park, FL Housing Market Overview

Flamingo Park in West Palm Beach is a buyer's market right now. Homes are selling for 94.5% of asking price and taking an average of 98 days to sell, giving you more time to compare your options, negotiate a better deal, and buy with confidence.

Status

Balanced Market

Days on Market

98

Inventory

4

Aug 2021Feb 2024Feb 2026

Median Home Price

$830,000Down 0.23%

In Feb 2026 · YoY

Aug 2021Feb 2024Feb 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
4 Up 0.20%
Newly Listed Homes
16 Up 0.60%
Months of Supply
3.6 Down 0.00%

Housing Demand

Homes Sold
5 Down 0.00%
Sale-to-List Ratio
94.5% Up 0.50%
Homes Sold Above List
20% Up 20.00%

30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.

View Full Flamingo Park Market Report

Frequently Asked Questions

Is West Palm Beach walkable, or do you need a car?

West Palm Beach is generally car-dependent, meaning most daily errands require a vehicle. However, historic and urban pockets like Downtown, Flamingo Park, and Grandview Heights are much more walkable.

What is the average cost of buying a home in West Palm Beach, Florida?

West Palm Beach's median sale price is $410,000, with homes averaging 71.5 days on the market. The spread runs wide by location. Intracoastal and waterfront blocks in El Cid demand a heavy premium, while inland neighborhoods west of Australian Avenue stay considerably affordable.

What are the disadvantages of living in West Palm Beach?

Primary drawbacks include hurricane risks, steep insurance premiums, and hot, humid summers. The city is mostly car-dependent, and both I-95 and local corridors get heavily congested during peak winter tourist season.

Is West Palm Beach at risk of red tide or algae bloom issues?

Red tide is primarily a Gulf Coast issue, but West Palm Beach waterfront properties face periodic blue-green algae risks. Emergency Lake Okeechobee releases and runoff flow down the C-51 canal directly into the Lake Worth Lagoon, occasionally triggering odor, toxicity, and boating or swimming advisories.

What should I check about a property's flood zone before making an offer?

Verify the home's FEMA flood zone. Properties in a Special Flood Hazard Area (SFHA) mandate flood insurance for federally backed mortgages. Florida law requires sellers to disclose known flood history, so always review the disclosure form before submitting an offer.

How much does homeowners insurance cost in West Palm Beach?

Homeowners insurance in West Palm Beach averages roughly $6,000 to $10,000 annually, with standard policies for older or coastal homes often reaching $14,000 or more. Rates depend heavily on roof age, wind mitigation features, and proximity to the water.

What should I know about property taxes before buying in West Palm Beach?

West Palm Beach property taxes fall under Palm Beach County's system, which taxes homeowners based on assessed value. File for Florida's Homestead Exemption by March 1 to deduct up to $50,000 from taxable value and lock in the Save Our Homes cap, which limits future assessment increases to 3% annually.

What is Citizens Property Insurance, and when would I need it?

Citizens is Florida's state-backed insurer of last resort. You qualify only if private insurers deny you coverage or if private premiums exceed Citizens' comparable quote by at least 20%. It serves high-risk properties exposed to severe windstorm threats.

  • mls-imgIDX Logo
    IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
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Flamingo Park, West Palm Beach, FL Housing Marketlink qauare
Homes Available icon

4

Homes Available

Median List Price icon

$ 830,000

Median List Price

Avg on Market icon

98 Days

Avg on Market

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