The Delray Beach housing market is somewhat competitive. Homes in Delray Beach receive 1 offers on average and sell in around 68 days. The median sale price of a home in Delray Beach was $525K last month, up 25.0% since last year. The median sale price per square foot in Delray Beach is $331, up 15.7% since last year.
What is the housing market like in Delray Beach today?
In March 2024, Delray Beach home prices were up 25.0% compared to last year, selling for a median price of $525K. On average, homes in Delray Beach sell after 68 days on the market compared to 68 days last year. There were 172 homes sold in March this year, down from 196 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$525,000
+25.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Delray Beach, FL
$525,000
+25.0%
United States
To compare other locations to the Delray Beach and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Delray Beach 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 Delray Beach housing market?
Delray Beach is somewhat competitive. Homes sell in 70 days.
0
100
33
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 70 days.
Hot homes
can sell for about 1% below list price and go pending in around 39 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 Delray Beach
Explore recent offers and recently sold homes in Delray Beach
Recent offers
Offer Not Accepted|
12 Weeks Ago
~$650K Offer
Sold for $650K
2bd | 2ba | ~1,500sqft
Under List Price
4%
Days on Market
19
Competing Offers
3
Down Payment
~80%
Liz Reinert
Delray Beach Redfin Agent
We offered $635k, $475k cash, $160k finance...winning bid released appraisal.. We put 7 day inspection and 21 day financing but we lost.…
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Banyan Creek Elementary School
Public • PreK-5
994
Students
10 reviews
7/10
Pine Grove Elementary School
Public • PreK-5
413
Students
5 reviews
5/10
Plumosa School of the Arts
Public • PreK-5
636
Students
25 reviews
5/10
Orchard View Elementary School
Public • PreK-5
591
Students
18 reviews
5/10
S. D. Spady Elementary School
Public • PreK-5 • Choice school
588
Students
25 reviews
Only showing 5 of
8 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 Delray Beach housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Delray Beach.
Risk Factor
Flood Factor - Moderate
34% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Delray Beach has a moderate risk of flooding. 2,539 properties in Delray Beach are likely to be
severely affected
by flooding over the next 30 years. This represents 34% of all properties in Delray Beach. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Delray Beach has a minor risk of wildfire. There are 4 properties in Delray Beach that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Delray Beach.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Delray Beach has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Delray Beach is most at risk from hurricanes. 18,796 properties in Delray Beach 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 212 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 225 mph.