Greenacres Real Estate

Greenacres sits in the middle of Palm Beach County, west of Lake Worth Beach and south of West Palm Beach, and it is one of the more affordable places to buy a house within 20 minutes of the ocean. It incorporated in 1926 as Greenacres City and grew fastest in the 1970s and 1980s, which is when most of its housing stock was built.

The city has a large inventory of condominium and villa communities, several of them age-restricted, alongside single-family neighborhoods on modest lots. There is very little new construction, so what sells is largely a question of which decade a community was built in and whether it has been updated since.

What houses and condominiums are doing right now

In August 2026, single-family homes in Greenacres closed at a median of $477,000, at a median 21 days on market and 98% of the last asking price, across 8 closings. Across the year so far, 116 closed at a median of $449,500, against 82 at $487,000 in the same period last year. There are 58 on the market now at a median asking price of $469,950, and about 7.2 months of supply, which gives buyers real negotiating room.

In August 2026, condominiums and townhouses in Greenacres closed at a median of $190,000, at a median 69 days on market and 98% of the last asking price, across 27 closings. Across the year so far, 188 closed at a median of $201,000, against 191 at $228,500 in the same period last year. There are 211 on the market now at a median asking price of $209,000, and about 7.8 months of supply, which gives buyers real negotiating room.

Houses and condominiums are reported separately here on purpose. Averaging the two produces a number that describes neither, and in this market the two halves frequently move in different directions.

Based on information from BeachesMLS for August 2026 and for Jan 1 - Aug 31, 2026, retrieved 5 September 2026. Information deemed reliable but not guaranteed. Listings permitted for internet display.

Getting around

Interstate 95 and Florida's Turnpike are both a few minutes away, Lake Worth Road and Forest Hill Boulevard are the main arterials, and Palm Beach International Airport is roughly 15 minutes northeast. The Lake Worth Beach Tri-Rail station is the nearest commuter rail stop, and JFK Medical Center in Atlantis is close by.

Working with us in Greenacres

In a market at these price points, an association's rental restrictions and assessment history can decide whether an investor buyer materializes at all, and that changes who your realistic buyer is. We check that before we price rather than after.

Gia Freer, our Broker of Record, has been licensed in Florida since 2000. PBP Real Estate is a transaction broker, and we handle probate and estate sales, short sales and relocation in house. Tell us your address and we will give you a written opinion of value from the sales that actually compare.

Did your listing come off the market without selling? Read what the data says about an expired listing in Greenacres — how much of the local inventory is sitting past 90 days, and what waiting costs against the original asking price.

Compiled by Gia Freer, Broker of Record, PBP Real Estate, LLC · Florida broker license BK689801 · brokerage license CQ1064615. Figures drawn from PBP's own BeachesMLS data feed and last updated September 5, 2026. Market analysis only; PBP Real Estate is a Licensed Florida Real Estate Brokerage, not a licensed appraiser.