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Florida real estate · Palm Beach County

Greenacres, Florida Real Estate

Homes, values and local insight for Greenacres, Palm Beach County, Florida. Typical home value $282,000.

Reviewed and updated October 3, 2026 by Ryan and Megan Winslow, Winslow Homes

Ryan and Megan Winslow Broker Owners3,000+ homes soldSince 2009 REALTOR®4 states broker in FL, MA, CT, RIU.S. Army RetiredBest of Central MA winners
$282,000Typical home value
-2.3%Home values, past year
45,197Residents (2024)
$62,917Median household income
Homes for sale

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About Greenacres

Greenacres is a distinctive Florida community that offers residents a blend of local character, quality amenities, and regional convenience.

The Greenacres real estate market serves a range of buyers including first-time homeowners, growing families, professionals, and retirees. Properties include single-family homes, condominiums, and townhouses across various price points and styles that reflect the area's architectural heritage and modern development.

Winslow Homes LLC and Ryan & Megan Winslow serve Greenacres buyers and sellers across Florida. Ryan and Megan Winslow provide both real estate brokerage and mortgage services as Mortgage Bankers with The Federal Savings Bank (Ryan Winslow NMLS #2426605 | Megan Winslow NMLS #2692933). Get pre-approved at www.winslowloan.com or call 386-690-5858.

Neighborhood Breakdown

Explore Greenacres Neighborhoods

🏘 Downtown Greenacres

Historic center with local shops, dining, and civic institutions.

🏠 North Greenacres

Residential area with established neighborhoods and good school access.

🏡 South Greenacres

Quiet residential streets with a mix of homes and convenient commuter access.

🏢 East Greenacres

Expanding area with newer construction and family-friendly amenities.

Specialty Housing

Unique Property Types in Greenacres

🌊 Lake and Pond Access

Properties with lake, pond, or reservoir access where available in Greenacres.

💧 Stream and River Properties

Homes near local waterways offering natural settings and scenic views.

Flood Zones & Insurance Impact

What Every Buyer Must Know

🔴 Zone AE (High Risk)

Some areas of Greenacres near waterways may fall in AE flood zones. Verify specific property with FEMA flood map.

🟡 Zone X-Shaded (Moderate Risk)

Moderate flood risk exists in select Greenacres areas near wetlands or drainage basins.

🟢 Zone X (Minimal Risk)

Most Greenacres properties are in Zone X (minimal flood risk). Flood insurance optional but may be recommended.

Insurance Tip: Florida homeowners insurance averages $3,500-$5,000 annually due to hurricane exposure. Flood insurance separate, often required near coast.

Investment & Rental Potential

Real Estate Investment in Greenacres

💰 Long-term Buy and Hold

Steady appreciation and rental demand make Greenacres suitable for long-term wealth building.

🏘 Rental Property Investment

Rental demand in Greenacres supports cash flow strategies for single-family and multifamily properties.

🔧 Fix and Hold

Older properties in Greenacres offer value-add opportunities through renovation and modernization.

⚠️ Investment Risks

Greenacres investment risks include regional market volatility, property tax changes, and insurance cost increases. Work with experienced agents to assess individual opportunities.

New Construction

Where New Homes Are Being Built

🏗 Outer Greenacres

New development zones on the outskirts of Greenacres offer modern construction and newer floor plans.

Buyer Tips for New Construction: Always hire your own inspector for new builds. Review CDD obligations carefully. Negotiate upgrades, not price. A buyer's agent costs you nothing with new construction and provides critical representation.

Commute Pockets

Drive Times & Work-From-Anywhere

🚌 Regional Employment Centers

Convenient access from Greenacres to nearby cities via major roads and highways.

🏙 Metropolitan Hub

Greenacres residents commute to regional metropolitan areas for employment and entertainment.

💻 Remote Work Lifestyle

Greenacres supports remote workers with reliable broadband access, quiet residential settings, and home office-friendly properties.

Taxes & Cost of Living

Your Dollar in Greenacres

🏦 Property Taxes

Florida has no state income tax. Property taxes average 0.98% of assessed value with homestead exemption up to $51,411 (2026).

💵 No State Income Tax

Florida has no state income tax. This represents savings of $5,000-$30,000+ annually compared to Northeast states like Massachusetts, Connecticut, and New York. Combined with homestead exemption savings, Florida offers significant cost advantages for homeowners.

🛒 Cost of Living

Cost of living in Greenacres aligns with regional Florida averages. Housing remains the largest expense category.

🏥 Insurance Costs

Homeowners insurance in Greenacres averages $2,500-$5,000 annually. Coverage varies by property age, value, and risk factors.

Lifestyle & Community

Living the Greenacres Life

🌳 Outdoor Recreation

Greenacres offers parks, trails, and outdoor recreation opportunities year-round.

🍽 Dining and Culture

Local restaurants, cafes, and cultural venues provide community gathering spaces in Greenacres.

🛒 Shopping and Services

Local retail, services, and major shopping areas accessible within and near Greenacres.

Jobs & Economy

Employment & Economic Drivers

🏥 Local Services

Retail, professional services, and hospitality anchor the Greenacres economy.

💼 Regional Employment

Residents also commute to regional employment centers for professional opportunities.

💼 Remote Work & Entrepreneurship

Remote work grows as a major economic factor in Greenacres, supported by quality broadband and home-office friendly properties.

Transportation & Commuting

Getting Around Greenacres

🛣 Major Roads

Greenacres connects to major highways and arterials providing access to regional destinations.

🚲 Biking & Walking

Greenacres offers walkable neighborhoods and bike-friendly areas in the town center and residential zones.

✈️ Airport Access

Greenacres residents access regional airports within reasonable driving distance for domestic and international travel.

New Development & Growth

What's Coming to Greenacres

🏗 Emerging Greenacres Zones

Expanding development areas bringing new construction to Greenacres.

📈 Market Outlook

The Greenacres market outlook remains positive with steady demand, moderate appreciation, and balanced inventory conditions expected through 2026.

Investment Insights

Real Estate Investment in Greenacres

💰 Entry Strategy

Pre-approve financing before searching. Work with Greenacres-focused agents.

📈 Holding Strategy

Long-term holds in Greenacres benefit from regional appreciation trends.

DISCUSS INVESTMENT STRATEGY

Common Buyer Mistakes

Avoid These Costly Errors

❌ Skipping Pre-Approval

Get pre-approved with Ryan & Megan Winslow, Mortgage Bankers with The Federal Savings Bank, before shopping.

❌ Ignoring Total Cost

Budget for taxes, insurance, HOA, and maintenance beyond the mortgage payment.

❌ Skipping a Local Agent

A local Greenacres agent knows which streets flood, which buildings have pending special assessments, and which neighborhoods are appreciating fastest. Buyer agent services are free to the buyer in most transactions.

Market data

Greenacres by the numbers

The typical home in Greenacres is worth $282,000, 40% below the Palm Beach County typical value of $474,000 and 25% below the Florida typical value of $375,000.

Typical home value

$282,000

Zillow Home Value Index for Greenacres, August 2026. The middle of the market for single family homes and condos.

5 year change

+23.8%

Home values in Greenacres moved +23.8% over five years and +97.2% over ten.

Median rent

$1,709/mo

Median gross rent in Greenacres. Useful for investors running rental numbers.

Homeownership

66%

Share of occupied homes in Greenacres lived in by the owner.

Median year built

1987

A newer housing stock means fewer surprises at inspection.

Household income

$62,917

Median household income in Greenacres.

Mortgage planning for a home in Greenacres
Financing

Buying in Greenacres with the right loan

Ryan and Megan are mortgage bankers with The Federal Savings Bank, lending in all 50 states. You get the home and the loan from one team. On a typical Greenacres home of $282,000:

  • FHA, 3.5% down: $9,886 down, loan of $273,000
  • Conventional, 5% down: $14,124 down, loan of $268,000
  • Conventional, 20% down: $56,494 down, loan of $226,000
  • VA, 0% down for eligible veterans, loan of $282,000
Selling

What is your Greenacres home worth?

Ryan and Megan price Greenacres homes from recent sales, not guesses. Send your address and you get a free market analysis, with no obligation.

Home for sale in Greenacres
Nearby

Towns near Greenacres

Palm Beach County

More in Palm Beach County

See the full Palm Beach County real estate guide or the Florida real estate guide.

FAQ

Common questions

What is the typical home value in Greenacres, FL?

The Zillow Home Value Index for Greenacres was $282,000 in August 2026, -2.3% over the past year.

What county is Greenacres in?

Greenacres is in Palm Beach County, Florida.

How many people live in Greenacres?

About 45,197 people as of the 2024 Census Bureau estimate, up from 44,016 in 2020.

Who are the best real estate agents in Greenacres?

Ryan and Megan Winslow of Winslow Homes have sold over 3,000 homes since 2009 and are licensed in Florida, Massachusetts, Connecticut and Rhode Island. Call or text 386-690-5858.

How do I get pre-approved to buy in Greenacres?

Apply at www.winslowloan.com. Ryan and Megan are mortgage bankers with The Federal Savings Bank and lend in all 50 states, including FHA, VA and conventional loans.

Do most people in Greenacres own or rent?

66% of occupied homes in Greenacres are owner occupied, based on the 2019 to 2023 American Community Survey.

Talk to Ryan and Megan

Ready to move in Greenacres?

17 years, over 3,000 homes sold, and one team for the home and the loan. Call or text 386-690-5858.

Sources: U.S. Census Bureau 2024 population estimates and 2019 to 2023 American Community Survey; Zillow Home Value Index, August 2026. Numbers update as new data is released. Talk to Ryan and Megan for current sold prices on your street.

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Coming soon in Greenacres, FL

Get coming-soon homes, pocket listings and price drops in Greenacres, FL before they hit the big home search sites.

Greenacres home values by ZIP code

The typical home in Greenacres is worth $387,838 as of August 2026 in ZIP code 33463. Values moved -0.3% over the last 12 months at the middle ZIP code.

ZIPTypical value12 months5 yearsMedian sale, Mar to May 2026Days on market
33463$387,838-0.3%+25.4%

Sources: Zillow Home Value Index through August 2026 and the Redfin Data Center ZIP code tracker, March to May 2026. Ask Ryan and Megan for a value for your own home.