Delray Beach, FL Home Values & Market Trends

Real estate market trends reflect that there have been 3,231 transactions over the past year in Delray Beach. The median value for residential home transactions that occurred over the previous year is $341,444.38. The number of current listings in Delray Beach is 690, and the percentage of properties for sale in the city is 690.00%. Delray Beach, FL currently has 392 properties in foreclosure, 3 bank owned properties, 26 properties headed for auction, and 690 properties for sale.

Delray Beach, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
33446

$ 230,000

$ 213/sqft

33483

$ 995,000

$ 706/sqft

33484

$ 239,880

$ 216/sqft

33444

$ 750,000

$ 476/sqft

33445

$ 245,482

$ 213/sqft

33448

$ --

$ --

Housing Market Summary for Delray Beach, FL

Apr 2023March 2024Change
Median Listing Price$307K$299.7K-2.37%
Median Sold Price$310.1K$299.7K-3.34%
Homes For Sale41470670.53%
Homes Sold2,2911,793-21.74%
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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%.

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Browse Homes in Delray Beach, FL

Delray Beach home values range from $22,722 to $67,188,345. The median estimated value of a home in Delray Beach is $341,444.38. The median list price of a home is 256,500, and the total count of properties in the city is 55,552.

Foreclosure
There are 6 zips within Delray Beach, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $21,147,029 in 33484 to the lowest value of $50,162 in 33484. Foreclosure homes account for 0.00% of properties in Delray Beach, FL with 33445 containing 126 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.65% of all residential properties in Delray Beach, FL with 33445 containing 119 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 6 zips within Delray Beach, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $5,659,197 in 33483 to the lowest home value of $50,162 in 33484.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Delray Beach, FL ranges from the highest value of $284,599 in 33484 to the lowest value of $143,765 in 33484. Bank owned homes and properties account for 0.01% of properties in Delray Beach, FL. There are 6 zips within Delray Beach, FL; 33484 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    33484 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Delray Beach, FL. Auction homes and other auction properties account for 0.05% of all properties in Delray Beach, FL. There are 6 zips within Delray Beach, FL; of those zips, the median estimated home value for homes going to auction ranges from $447,199 in 33444 to the lowest value of $151,790 in 33444.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.24% of residential properties in Delray Beach, FL with 33446 containing 255 homes for sale, the highest number of listed properties in a single zip. There are 6 zips within Delray Beach, FL; homes for sale in those zips, have a range of median values from $14,900,000 in 33483 to the lowest value of $73,814 in 33446.
    Sold Homes
    The median value for recently sold homes ranges from $50,431,120 in 33483 to the lowest price of $43,108 in 33483. There are 6 zips within Delray Beach, FL. 33484 has 609 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.30% of properties in Delray Beach, FL.

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      Guide for Delray Beach, FL

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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      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.