ZIP Code 33406 — West Palm Beach, FL Home Prices (2026)
The typical home in ZIP 33406 (West Palm Beach, Florida) is worth about $431,000 at roughly $308 per square foot — 2% more affordable than the West Palm Beach median and 47% more expensive than the typical U.S. home.
How 33406 compares
ZIP 33406 is a mid-priced ZIP code for West Palm Beach: its typical home value of $431,000 ranks #5 of the 8 West Palm Beach ZIP codes we track (the citywide range runs from $282,000 in 33415 to $635,000 in 33405). Per square foot it costs about $308, against $284 for West Palm Beach as a whole, $229 for Florida, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 33406 | $431,000 | $308 |
| West Palm Beach, FL | $440,500 | $284 |
| Florida | $349,000 | $229 |
| United States | $294,000 | $195 |
Home value by size in 33406
Using this ZIP’s rate of about $308 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $308,000 |
| 1,500 sq ft | $462,000 |
| 2,000 sq ft | $616,000 |
| 2,500 sq ft | $770,000 |
| 3,000 sq ft | $924,000 |
Salary needed to buy a home in ZIP 33406
To buy the typical $431,000 home in ZIP 33406 with 20% down, you need a household income of roughly $117,000 a year (about $2,740 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $139,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $21,600 | $3,400/mo | $146,000/yr |
| 10% (+PMI) | $43,100 | $3,250/mo | $139,000/yr |
| 20% | $86,200 | $2,740/mo | $117,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 33406
At about $308 per square foot, here is roughly how much home different budgets get you in ZIP 33406:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 650 sq ft | below the local median — condos, smaller or older homes |
| $250k | 810 sq ft | below the local median — condos, smaller or older homes |
| $300k | 970 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1300 sq ft | around the typical home here |
| $500k | 1620 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 33406 home.
Estimate a specific home in 33406
The estimator below is pre-set to ZIP 33406 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All West Palm Beach ZIP codes by home value
Where 33406 sits among West Palm Beach’s 8 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 33405 | $635,000 | $1119 |
| 2 | 33413 | $487,000 | $259 |
| 3 | 33411 | $469,000 | $248 |
| 4 | 33401 | $450,000 | $467 |
| 5 | 33406 (this page) | $431,000 | $308 |
| 6 | 33407 | $358,000 | $341 |
| 7 | 33409 | $304,000 | $207 |
| 8 | 33415 | $282,000 | $215 |
ZIP 33406 home prices: frequently asked
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See the full West Palm Beach home values page, all Florida cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.