Dan MarusinFlorida real estate, in English and RussianНа русском

Living in Northwood, West Palm Beach

One name, six Zillow areas, and a price gap of three times

Zillow's typical home value for the area it labels Northwood is $307,783, flat over the past year at 0.3% and up 31.6% over five years, which puts it below the West Palm Beach typical value of $404,711. Locals use Northwood for a larger cluster north of downtown, though, and Zillow splits that cluster into several neighborhoods priced from about $308,000 to $964,000. Knowing which part a listing sits in is most of the work.

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West Palm Beach Aerial November 2014 photo Don Ramey Logan
Photo: Don Ramey Logan, CC BY 4.0 via Wikimedia Commons
Typical home value
$308K
Northwood, Zillow, September 2026
Past year
+0.3%
Past 5 years
+31.6%
Typical home value: Northwood
$0K$100K$200K$300K$400K20122014201620182020202220242026$308K

Zillow Home Value Index, mid-tier, seasonally adjusted. Hover to see any date.

Data table
MonthAll homes
Dec 2012$47,656
Dec 2013$60,204
Dec 2014$80,930
Dec 2015$90,915
Dec 2016$97,067
Dec 2017$123,749
Dec 2018$150,028
Dec 2019$169,667
Dec 2020$187,315
Dec 2021$240,934
Dec 2022$302,168
Dec 2023$315,693
Dec 2024$324,239
Dec 2025$296,538
Sep 2026$307,783

Zillow's Northwood vs the Northwood people talk about

Ask someone in West Palm about Northwood and they will probably mean the whole area north of downtown, including the historic districts and the small business strip around Northwood Road known as Northwood Village. Zillow draws tighter lines. Its list for the city includes six areas carrying the name:

The page you are reading uses Zillow's Northwood as its main number, since that is what the search engines and many listing sites call it. When you see a listing advertised as Northwood, check which of these six it actually falls in. The price expectations are very different.

Reading the price gap

Old Northwood, the historic district closest to the lagoon, runs about 3.1 times Zillow's Northwood figure. Northwood Shores more than doubled in five years and posted the strongest one-year gain of any neighborhood Zillow tracks in the city. The inland pieces, Northwood Pines, Northwood Hills and Zillow's Northwood, have moved closer to the city average.

The pattern is common in older Florida cities. Proximity to the water and to restored historic blocks drives most of the premium. Two streets inland, the same era of house can sell for a fraction of the price, with more homes still in original or partly updated condition.

For a buyer that creates a real choice. At around $300,000 to $420,000 you can buy into Zillow's Northwood, Northwood Pines, Northwood Hills or Northwood Harbor. Above $600,000 you are shopping in Northwood Shores. Old Northwood is close to a million for a typical home.

West Palm Beach neighborhoods: typical value
  1. El Cid$3.56M
  2. Propect-Southland Park$2.31M
  3. South Side$1.4M
  4. Flamingo Park$1.2M
  5. Pineapple Park - Ibis$995K
  6. Providencia Park$976K
  7. Old Northwood$964K
  8. Grandview Heights$963K
  9. Central Park$763K
  10. Pineapple Park$663K
  11. Northwood Shores$638K
  12. Downtown$606K
Show all 20
  1. Northwood Gardens$547K
  2. Vedado$494K
  3. River Walk$481K
  4. Echo Lake$475K
  5. North Shore$459K
  6. Poinciana Park$436K
  7. Parker Ridge$429K
  8. Palm Beach Lakes$425K

Zillow neighborhood index, the 20 priciest of the largest neighborhoods.

5-year price change by neighborhood
  1. Northwood Shores+101.7%
  2. South Side+94.2%
  3. El Cid+88.3%
  4. Propect-Southland Park+86.4%
  5. Old Northwood+85.9%
  6. Providencia Park+75.8%
  7. Flamingo Park+71.5%
  8. Pineapple Park+67.3%
  9. Pineapple Park - Ibis+65.7%
  10. Northwood Gardens+63.2%
  11. Downtown+54%
  12. Central Park+50.4%
  13. North Tamarind+49.7%
  14. Northwood Pines+44.6%
  15. Northwood Hills Historic District+38.3%

Change in the Zillow index over 60 months.

Cash you need to buy at $308,000

All cashMortgage, 20% downForeign national loan, 35% down
Down payment$308,000$61,600$107,800
Buyer closing costs$1,450$6,330$6,076
Total at closing$309,450$67,930$113,876

Includes Florida doc stamps on the note ($0.35 per $100 borrowed), the 0.2% intangible tax on the mortgage, the lender's title policy, settlement and recording fees and typical lender fees. Excludes prorated taxes and HOA. For your exact numbers use the closing cost calculator.

What the houses are like

Much of the Northwood area was laid out during the 1920s boom, and the historic districts still have bungalows, Mission and Mediterranean Revival houses and frame cottages from that period, mixed with later infill. Away from the historic cores you find more postwar block homes and small multi-unit buildings.

Citywide, the median home in West Palm Beach was built in 1988, but most of what you will tour in Northwood is older than that. Expect smaller rooms, one-car garages or none, and lots that suit a pool or a garden but not both. Some streets are in locally designated historic districts with design review for exterior changes; others are not, so ask the city about the specific parcel.

Condos and small apartment-style buildings also appear in parts of the area. If you look at one, the same rules apply as anywhere in Florida: request the association budget, the most recent reserve study, any milestone inspection report if the building is three or more stories, and the minutes from recent board meetings. Resale condo buyers have 7 days after receiving the association documents to cancel. Citywide, the Zillow condo index is down 4.3% over the past year, so read those documents carefully and price accordingly.

The inspection points that matter in Northwood

Taxes, homestead and the budget around the price

At a typical Northwood price near $307,783, the purchase is within reach of buyers priced out of the south-end historic districts. The tax bill will reset to your purchase price, so do not plan around the seller's bill. With homestead on your primary home, the 2026 exemption takes up to $51,411 off the assessed value, and later increases are capped at 3% or CPI.

Insurance can be a large share of monthly cost on an older home at this price. Get a quote during the inspection period and compare a home with an updated roof and openings against one without. The difference can change which house is actually cheaper to own.

Is Northwood a good place to live

For buyers who want an older home close to downtown West Palm, near the water, at a price below the city's south-end districts, the Northwood area deserves a serious look. The trade-offs are uneven blocks, older systems, and the need to pin down exactly which Zillow area and which historic rules apply. If you share your budget, I can sort current listings by sub-area so you compare like with like.

Quick answers

How much is a home in Northwood, West Palm Beach?

Zillow's Northwood index is $307,783. Nearby sub-areas run higher: Northwood Shores $637,541 and Old Northwood $963,553. Check which sub-area a listing is in before comparing prices.

What is the difference between Northwood and Old Northwood?

Old Northwood is a historic district closer to the lagoon with a typical value near $963,553. Zillow's Northwood covers a lower-priced inland area at about $307,783.

Are Northwood home prices going up?

Zillow's Northwood index is up 0.3% over the past year and 31.6% over five years. Northwood Shores rose 29.1% in the past year, the largest one-year gain among the city's tracked neighborhoods.

Do I need flood insurance in Northwood?

It depends on the address. Lots close to the lagoon may be in FEMA high-risk zones where lenders require flood coverage. Check the zone and get a quote during the inspection period.

Get a shortlist that fits your budget

Tell me what you're looking for and I'll send real listings with the full cost of owning each one: HOA or condo fees, property tax at your price, insurance, and closing costs. No newsletters, no pressure.

  • MLS listings, including ones that just hit the market
  • Condo budget, reserves and inspection history checked before you offer
  • Fully remote if you need it: video tours, e-signing, wire to escrow

Or reach me directly: (754) 203-9632 · [email protected] · WhatsApp on the same number

I reply personally within one business day. Dan Marusin, FL Sales Associate SL3542968, LoKation Real Estate.

Data: Zillow Home Value Index (ZHVI), Zillow Research, latest month September 2026; U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Figures for small areas carry margins of error. These are planning numbers, not an appraisal of any property.