$174,900
101 Dorset C
Boca Raton, FL
2 bd2 ba840 sqft$208/ft²
Condo
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Boca Raton, FL Housing Market
Buyer's market+2.8% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Boca Raton, FL is worth $576,824, rose 2.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $835,000, -4.6% year over year (through May 2026). With 5.0 months of supply and homes going under contract in about 77 days, Boca Raton is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $576,824 home is about $3,079/mo in principal and interest.
Key numbers for Boca Raton, FL
Typical home value
$576,824
+2.8% in 12 months
Zillow, August 2026
Typical asking rent
$2,949/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$835,000
-4.6% year over year
Redfin, through May 2026
Days on market
77
Slow-moving
Redfin, through May 2026
Active listings
949
5.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$102,722
Home costs 5.6x income
U.S. Census ACS, 2023
Sale-to-list ratio
95.0%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Boca Raton a buyer's or seller's market?
Buyer's market5.0 months of supply77 days on market95.0% of asking
Boca Raton, FL is a buyer's market, based on 5.0 months of supply and homes selling in about 77 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Boca Raton housing market data show?
Every row below is Redfin's final published month for Boca Raton, FL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $835,000 |
| Median list price | $899,000 |
| Year-over-year price change | -4.6% |
| Median price per sq ft | $439/sq ft |
| Median days on market | 77 days |
| Active inventory | 949 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 95.0% |
| Homes sold (that month) | 188 |
| New listings (that month) | 241 |
| Listings with a price cut | 25.5% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Boca Raton is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Boca Raton is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Boca Raton home prices moved?
Over the last three years the median sale price in Boca Raton, FL rose 21.2%, from $689,100 to $835,000. The live Zillow value series has rose 2.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 25.5% of Boca Raton listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.0 months while the sale-to-list ratio slips below its current 95.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Boca Raton?
Priced off the typical home value of $576,824 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $115,365 | $461,459 | $3,079/mo |
| 5% | $28,841 | $547,983 | $3,657/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,079, that implies roughly $131,974 a year before you add taxes and insurance. The median household in Boca Raton earns $102,722, about $29,252 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.6x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Boca Raton in the next 12 months?
Tell us your timeline. We send the Boca Raton market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Boca Raton?
Typical asking rent in Boca Raton, FL is $2,949/mo, against a typical home value of $576,824. That is a price-to-rent ratio of 16.3x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $3,079 a month — $130 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Boca Raton?
Active listings in Boca Raton, FL went from 1,060 in May 2025 to 949 in May 2026, a -10.5% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 1,024 | 199 |
| July 2025 | 981 | 204 |
| August 2025 | 927 | 175 |
| September 2025 | 929 | 213 |
| October 2025 | 933 | 213 |
| November 2025 | 966 | 209 |
| December 2025 | 927 | 185 |
| January 2026 | 1,022 | 286 |
| February 2026 | 1,067 | 279 |
| March 2026 | 1,015 | 267 |
| April 2026 | 970 | 265 |
| May 2026 | 949 | 241 |
Redfin, through May 2026
How does Boca Raton compare to Florida and the U.S.?
Boca Raton homes sell for $835,000 — 98% above the Florida median of $421,500. Against the national median of $410,700, Boca Raton runs 103% higher. Year-over-year, Boca Raton moved -4.6% against Florida's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Boca Raton, FL | $835,000 | -4.6% | 77 days |
| Florida statewide | $421,500 | +2.6% | 66 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Boca Raton
What buyers should watch
- Months of supply, currently 5.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 25.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $577 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $576,824 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Boca Raton listing goes under contract in 77 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 95.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Boca Raton added 241 new listings against 188 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Boca Raton varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Boca Raton
There are currently 949 homes listed for sale in Boca Raton, Florida. The median listing price is $899K. Featured listings range from $174,900 to $1,900,000.
$209,990
6420 Boca Del Mar Dr Apt 301
Boca Raton, FL
3 bd2 ba1,582 sqft$133/ft²
Condo
View photos & details
$239,900
23370 Carolwood Ln
Boca Raton, FL
2 bd2 ba1,160 sqft$207/ft²
Condo
View photos & details
$250,000
1832 Bridgewood Dr
Boca Raton, FL
2 bd2 ba1,255 sqft$199/ft²
Condo
View photos & details
$285,000
21938 Remsen Ter Apt 209
Boca Raton, FL
2 bd2 ba950 sqft$300/ft²
Condo
View photos & details
$540,000
19961 Mona Cir
Boca Raton, FL
3 bd2 ba1,654 sqft$326/ft²
House3,485 sqft lot
View photos & details
$695,000
1401 S Ocean Blvd Unit 3020
Boca Raton, FL
2 bd3 ba1,864 sqft$373/ft²
Condo
View photos & details
$775,000
8111 Hampton Wood Dr
Boca Raton, FL
3 bd3 ba1,947 sqft$398/ft²
House5,227 sqft lot
View photos & details
$799,900
4858 NW 16th Ter
Boca Raton, FL
3 bd3 ba2,161 sqft$370/ft²
Townhouse4548.00 acres
View photos & details
$829,900
4820 NW 16th Ter
Boca Raton, FL
3 bd3 ba2,161 sqft$384/ft²
Townhouse4,356 sqft lot
View photos & details
$845,000
20021 Back 9 Dr
Boca Raton, FL
3 bd3 ba2,382 sqft$355/ft²
House9,583 sqft lot
View photos & details
$1,900,000
5413 Ascot Bnd
Boca Raton, FL
3 bd4 ba2,894 sqft$657/ft²
House7,841 sqft lot
View photos & details
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Active listings
949
Homes on market
Median list price
$899K
Avg. days on market
77
Days until sale
New this week
241
Newly listed
Price drops:25.5%of listings
Sale-to-list:95.0%
How much do homes cost in Boca Raton by property type?
How the Boca Raton, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.14M | $501/sq ft | 94 | 69 days |
| Condo / co-op | $460,000 | $381/sq ft | 77 | 115 days |
| Townhouse | $685,000 | $329/sq ft | 16 | 53 days |
Who lives in Boca Raton?
American Community Survey estimates for Boca Raton. U.S. Census ACS, 2023
Population
98,833
Households
41,197
Median income
$102,722/yr
Median age
45.8 years
Owner-occupied
65.8%
Median home value
$660,100
Median gross rent
$2,334/mo
Mean commute
21.6 min
65.8% of occupied homes in Boca Raton are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $660,100 against Zillow's $576,824 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $2,334/mo, below Zillow's $2,949/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Boca Raton?
26 schools tracked · 29,869 students
The largest public schools serving Boca Raton, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
BOCA RATON COMMUNITY HIGH SCHOOL
Grades 9-12 · 2,876 students
SPANISH RIVER COMMUNITY HIGH SCHOOL
Grades 6-12 · 2,742 students
OLYMPIC HEIGHTS COMMUNITY HIGH
Grades 9-12 · 2,330 students
WEST BOCA RATON HIGH SCHOOL
Grades 9-12 · 2,290 students
EAGLES LANDING MIDDLE SCHOOL
Grades 6-8 · 1,464 students
VERDE K-8
Grades K-8 · 1,348 students
A.D. HENDERSON UNIVERSITY SCHOOL & FAU HIGH SCHOOL
Grades K-12 · 1,333 students
DON ESTRIDGE HIGH TECH MIDDLE SCHOOL
Grades 6-8 · 1,270 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Boca Raton, FL?
Ordered by distance from Boca Raton, not by size. Compare Boca Raton side by side with any of them.
Boca Raton housing market FAQ
Is Boca Raton a buyer's or seller's market?
Boca Raton, FL is currently a buyer's market. That read comes from 5.0 months of supply, homes going under contract in about 77 days, and sellers getting 95.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Boca Raton?
The typical home in Boca Raton, FL is worth $576,824 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $835,000, about $439 per square foot.
Is Boca Raton cheaper than the rest of Florida?
Boca Raton's median sale price of $835,000 is 98% higher than the Florida statewide median of $421,500, and 103% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Boca Raton?
Homes in Boca Raton, FL spent a median of 77 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Boca Raton?
At the current 30-year fixed rate of 7.03%, 20% down on a $576,824 home is about $3,079 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $131,974 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $102,722.
Are home prices rising in Boca Raton?
The typical home value in Boca Raton, FL rose 2.8% over the last 12 months, from $560,994 to $576,824 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Boca Raton?
Boca Raton ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Boca Raton?
That depends on your timeline, not on a headline. What the data says today: Boca Raton, FL is a buyer's market with 5.0 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 16.3x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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