Boca Raton, FL Home Values & Market Trends
Real estate market trends reflect that there have been 4,416 transactions over the past year in Boca Raton. The median value for residential home transactions that occurred over the previous year is $593,257.56. The number of current listings in Boca Raton is 760, and the percentage of properties for sale in the city is 760.00%. Boca Raton, FL currently has 554 properties in foreclosure, 5 bank owned properties, 28 properties headed for auction, and 760 properties for sale.
Boca Raton, FL Real Estate Market Overview
Housing Market Summary for Boca Raton, FL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $789.8K | $543.5K | -31.19% |
| Median Sold Price | $512.1K | $543.5K | 6.13% |
| Homes For Sale | 501 | 753 | 50.30% |
| Homes Sold | 3,085 | 2,351 | -23.79% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Boca Raton, FL
Browse Homes in Boca Raton, FL
Boca Raton home values range from $28,050 to $65,149,265. The median estimated value of a home in Boca Raton is $593,257.56. The median list price of a home is 649,999.5, and the total count of properties in the city is 84,601.
- Pre-ForeclosurePre-foreclosure homes account for 0.62% of all residential properties in Boca Raton, FL with 33428 containing 116 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 $1,533,058 in 33498 to the lowest home value of $90,289 in 33434.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Boca Raton, FL ranges from the highest value of $981,156 in 33428 to the lowest value of $145,000 in 33434. Bank owned homes and properties account for 0.01% of properties in Boca Raton, FL. There are 9 zips within Boca Raton, FL; 33428 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions33434 has 8 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 $440,413 in 33498 to the lowest value of $127,568 in 33498.
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Guide for Boca Raton, FL
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