Boca Raton, FL Home Values & Market Trends

Real estate market trends reflect that there have been 4,580 transactions over the past year in Boca Raton. The median value for residential home transactions that occurred over the previous year is $567,702.35. The number of current listings in Boca Raton is 776, and the percentage of properties for sale in the city is 776.00%. Boca Raton, FL currently has 93 properties in foreclosure, 4 bank owned properties, 25 properties headed for auction, and 776 properties for sale.

Boca Raton, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
33432

$ 2,160,005

$ 991/sqft

33428

$ 366,465

$ 274/sqft

33487

$ 862,198

$ 544/sqft

33431

$ 694,531

$ 468/sqft

33433

$ 449,353

$ 292/sqft

33486

$ 883,699

$ 442/sqft

33434

$ 190,020

$ 212/sqft

33498

$ 858,017

$ 356/sqft

33496

$ 1,456,706

$ 422/sqft

Housing Market Summary for Boca Raton, FL

Mar 2023February 2024Change
Median Listing Price$799.3K$548.6K-31.37%
Median Sold Price$497.7K$548.6K10.22%
Homes For Sale53377745.78%
Homes Sold3,0152,849-5.51%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Boca Raton, FL

Boca Raton home values range from $26,870 to $55,836,018. The median estimated value of a home in Boca Raton is $567,702.35. The median list price of a home is 675,000, and the total count of properties in the city is 84,765.

Foreclosure
There are 9 zips within Boca Raton, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $6,275,000 in 33428 to the lowest value of $107,376 in 33428. Foreclosure homes account for 0.00% of properties in Boca Raton, FL with 33428 containing 26 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in Boca Raton, FL with 33428 containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 9 zips within Boca Raton, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,152,429 in 33432 to the lowest home value of $107,376 in 33428.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Boca Raton, FL ranges from the highest value of $180,000 in 33428 to the lowest value of $160,000 in 33434. Bank owned homes and properties account for 0.00% of properties in Boca Raton, FL. There are 9 zips within Boca Raton, FL; 33428 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    33433 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Boca Raton, FL. Auction homes and other auction properties account for 0.03% of all properties in Boca Raton, FL. There are 9 zips within Boca Raton, FL; of those zips, the median estimated home value for homes going to auction ranges from $603,596 in 33486 to the lowest value of $128,120 in 33486.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.92% of residential properties in Boca Raton, FL with 33432 containing 137 homes for sale, the highest number of listed properties in a single zip. There are 9 zips within Boca Raton, FL; homes for sale in those zips, have a range of median values from $2,366,997 in 33498 to the lowest value of $88,817 in 33434.
    Sold Homes
    The median value for recently sold homes ranges from $2,022,715 in 33498 to the lowest price of $41,388 in 33498. There are 9 zips within Boca Raton, FL. 33434 has 485 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.25% of properties in Boca Raton, FL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Boca Raton, FL
      $
      $

      Guide for Boca Raton, FL

      Fix and Flip
      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip
      Miami Real Estate Market Thrives: Property Values and Sales Grow in 2023
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      Buy to Rent
      How To Choose The Right Property Management Tool
      See More Articles
      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Miami Real Estate Market Thrives: Property Values and Sales Grow in 2023
      Fix and Flip|posted 8 February 2024

      Miami’s real estate market is on an upward trend, with the average property value and selling price per square foot increasing from 2023 to 2024. The surrounding cities’ markets vary, with some offering more affordable options. The data suggests a healthy investment opportunity, especially in the high-demand for-sale market.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Buying your first home is an exciting and significant milestone in life. It’s a decision that requires careful consideration, especially when it comes to finances. Understanding how much you should spend on your first home is crucial to ensure a smooth and stress-free buying process. In this article, we will explore the basics of home […]

      How To Choose The Right Property Management Tool
      Buy to Rent|posted 5 March 2024

      Learn how to select the perfect property management tool for your real estate business.