The Boca Raton housing market is not very competitive. Homes in Boca Raton receive 1 offers on average and sell in around 80 days. The median sale price of a home in Boca Raton was $701K last month, up 19.0% since last year. The median sale price per square foot in Boca Raton is $371, up 8.2% since last year.
What is the housing market like in Boca Raton today?
In February 2024, Boca Raton home prices were up 19.0% compared to last year, selling for a median price of $701K. On average, homes in Boca Raton sell after 80 days on the market compared to 64 days last year. There were 188 homes sold in February this year, up from 164 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$701,250
+19.0% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Boca Raton, FL
$701,250
+19.0%
United States
To compare other locations to the Boca Raton and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Boca Raton add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Boca Raton housing market?
Boca Raton is not very competitive. Homes sell in 71 days.
0
100
25
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 71 days.
Hot homes
can sell for about 2% below list price and go pending in around 40 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Boca Raton
Explore recent offers and recently sold homes in Boca Raton
Recent offers
Offer Not Accepted|
9 Weeks Ago
~$450K Offer
Sold for $475K
2bd | 2ba | ~1,250sqft
Under List Price
5%
Days on Market
4
Competing Offers
3
Down Payment
—
Liz Reinert
Boca Raton Redfin Agent
We were outbid by 2 competing offers at full price or more. My client offered $20k less than list and lost. …
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
A.D. Henderson University School & Fau High School
Public • K-12
1148
Students
22 reviews
10/10
Calusa Elementary School
Public • PreK-5
1143
Students
20 reviews
10/10
Del Prado Elementary School
Public • PreK-5
920
Students
33 reviews
9/10
Verde K-8
Public • K-8
1113
Students
36 reviews
9/10
Addison Mizner Elementary School
Public • PreK-5
856
Students
18 reviews
Only showing 5 of
10 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Boca Raton housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Boca Raton.
Risk Factor
Flood Factor - Moderate
44% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Boca Raton has a moderate risk of flooding. 4,453 properties in Boca Raton are likely to be
severely affected
by flooding over the next 30 years. This represents 44% of all properties in Boca Raton. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Boca Raton has a moderate risk of wildfire. There are 127 properties in Boca Raton that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Boca Raton.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Boca Raton has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Boca Raton is most at risk from hurricanes. 26,145 properties in Boca Raton have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 219 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 230 mph.