Northwood Homes for Sale

Northwood is a residential community in West Palm Beach, Florida.

Pure Equity Realty covers Northwood and the West Palm Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 44 Northwood West Palm Beach homes for sale as of October 2026. The median asking price is $899,000. Asking prices run from $240,000 to $4.85M.

That is 185% above the West Palm Beach median of $315,000. On a per-foot basis, homes here ask about $596 per square foot, compared with $245 across West Palm Beach. So the median price buys roughly 1,500 square feet of living area.

Listings here have averaged 142 days on the market. That tracks the West Palm Beach average of 120 days, so pricing and terms follow the wider city market.

Homes listed in Northwood date from 1917 to 2027. That puts them between 0 and 109 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in Northwood have a median asking rent of $2,295 per month, across 51 active rental listings. That is close to the West Palm Beach median of $2,250.

For investors, those medians imply a gross yield near 3.1% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current West Palm Beach rentals or ask us for a rent estimate on a specific Northwood home.

Here is what the median Northwood price means in Florida closing terms. At $899,000, a 20% down payment comes to about $180,000, leaving a loan near $719,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,517. Next, the intangible tax of 0.2% adds about $1,438. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Northwood median, that is about $6,293.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Northwood listings show assignments to Northmore (elementary), John F. Kennedy (Palm Beach) (middle) and Palm Beach Lakes (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.