Greenacres is a value-priced central Palm Beach County suburb with a strong inventory of single-family homes, gated 55+ communities, and townhouses.
Greenacres is a value-priced central Palm Beach County suburb with a strong inventory of single-family homes, gated 55+ communities, and townhouses. Its location offers easy access to West Palm Beach to the east and Wellington to the west.
Vibe: Suburban, value, family + 55+.
Greenacres sits within Palm Beach County, one of South Florida's most active real estate markets. Greenacres is one of the more affordable markets in its county, making it a popular destination for first-time buyers, investors seeking rental yield, and remote workers priced out of coastal submarkets. Inventory turnover tends to be healthy and entry-level pricing remains attainable. For a broader view of how Greenacres compares to other Palm Beach County cities, visit our Palm Beach County overview or complete cities list.
Whether you're buying your first home in Greenacres, selling a long-time residence, or looking for an investment property, our team brings local knowledge of every neighborhood, school zone, and submarket. Explore buyer services, view our seller strategy, or get a free home value estimate for your Greenacres property.
Greenacres is composed of 4 primary neighborhoods and subdivisions. Here's a quick guide to each — local character, price tier, and what makes them distinct.
Gated family-friendly community with single-family homes.
55+ gated condo community.
Established gated community with single-family homes and townhouses.
Family residential area with single-family inventory.
Schools serving Greenacres families. Florida Department of Education grades shown reflect the 2023-24 academic year — school zoning can change, so we recommend verifying the assigned school for any specific property before making an offer.
Greenacres is one of 14 cities we cover in Palm Beach County. Here are some nearby markets worth exploring:
Quick answers to the most common questions we get from buyers, sellers, and investors.
As of recent 2024 estimates, the median single-family home price in Greenacres is approximately $355,000, with an average price per square foot around $245/sqft. Most single-family inventory falls below the median; newer construction or fully-renovated homes command the upper end. For current MLS-based pricing in a specific Greenacres neighborhood, contact Divito Real Estate Group for a free, no-obligation market analysis.
Top schools serving Greenacres include Palm Beach Central High (Florida DOE grade B, Public 9-12); L.C. Swain Middle (Florida DOE grade C, Public 6-8); Greenacres Elementary (Florida DOE grade B, Public K-5). (Florida Department of Education school grades reflect the 2023-24 academic year.) School zones can change; we recommend verifying the assigned school for any specific Greenacres property before you make an offer.
Average drive time from Greenacres to West Palm Beach runs approximately 10-40 minutes; Miami is 60-90 minutes south via I-95. South Florida traffic varies significantly by time of day and route. Brightline rail also provides commuter service between major coastal cities for buyers who prefer to skip I-95 traffic.
Florida property tax averages approximately 1.0% of assessed value statewide. Combined Palm Beach County millage rates (county + city + school district + special districts) are typical of South Florida. Homestead Exemption can reduce taxable value by up to $50,000 for primary residences. Many homes have no HOA; gated and townhome communities typically carry HOA fees of $100-$300 monthly. For specific tax estimates on a Greenacres property, contact our team — we'll pull the actual assessed value and current millage rate.
Popular Greenacres neighborhoods include Smith Farm, Tara Lakes, Riverbridge, and Palmwood. Each has a distinct character, price tier, and amenity profile — see the Neighborhoods section above for details on each, or contact our team for help matching your priorities to the right Greenacres neighborhood.
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