Boca Raton, FL Real Estate Market
Boca Raton Housing Market Conditions Right Now
As of November 2026, Boca Raton is a balanced market. At 6.9 months of supply, it sits at the upper edge of that balanced range, close to the point where conditions would start leaning toward buyers. That shapes how you should approach an offer more than any other number on this page.
Over the past year, the typical home closed at 96.1% of its final list price, and only 9% sold above it. The median home took 39 days to sell. In practice, that means you usually have time to see a home more than once, sleep on it, and get your questions answered before you commit. An offer below list price is in line with how the typical sale here has closed.
Balanced cuts both ways, though. Sellers aren't under pressure to give homes away, and neither side holds all the cards. Base your offer on the specific home in front of you, not on a general sense that the market is soft.
Boca Raton Home Prices by Price Range
The median sale over the past year was $850,000, or $414 per square foot. Keep that per-square-foot figure in mind during showings. It puts a smaller home and a larger one on the same footing, so you can tell whether a higher price comes with more space or just a higher rate.
Here's how sales spread across price ranges over the past year:
- 42% closed at $1,000,000 and up
- 17% sold between $750,000 and $1,000,000
- 25% sold between $500,000 and $750,000
- 9% sold between $400,000 and $500,000
- 7% sold between $300,000 and $400,000
If you're shopping at $1,000,000 and up, you'll be working in a large share of the market, with plenty of sales to measure a home against.
If your budget is below $500,000, plan for a narrower search. Far fewer sales happened in those ranges, so decide early which features you can be flexible on, such as size, age or layout. When a good fit appears, you'll already know where you stand.
Typical Boca Raton Home Size, Age and Lot
Picture a typical home here as 3 bedrooms and 3 baths with 2,010 sq ft of living area. It sits on a lot of about 8,710 sq ft and was built around 1987.
That build year tells you a lot about what you'll be touring. Many homes have some age on them. What's behind the walls and on the roof deserves as much attention as the kitchen finishes or the paint colors. A home that looks dated but has had its major systems updated can be a better purchase than a freshly staged one that hasn't.
The lot size is worth noticing too. Typical lots are large enough for outdoor space, so it pays to think about what you want from the yard before you start comparing homes.
Boca Raton Homes by Number of Bedrooms
Boca Raton offers more range in layout than the typical numbers might suggest. By bedroom count, homes sold since the start of the records or listed now break down as 2 bed (22%), 3 bed (42%), 4 bed (20%), 5+ bed (14%).
So if you want a smaller layout that's easier to keep up, there's real inventory to choose from. The same goes if you need extra bedrooms for guests, a home office or hobbies. Settle on the bedroom count you actually need before you start touring. In a market with this much variety, it's easy to drift toward more space than you planned to pay for.
Single-Story Homes in Boca Raton
If stairs are a deal-breaker, you're in luck: 54% of homes here are single-story. Filtering for single-level living from the start still leaves you looking at a broad slice of the market. You don't have to give up much else to get it.
The flip side is that multi-story homes make up the rest. If you're open to either, you'll see the full picture. If you're not, set that filter early so you don't spend time on homes that won't work for you.
Boca Raton Homes with an HOA
In Boca Raton, an association is the rule rather than the exception: 87% of homes report an HOA. For your budget, that means monthly dues belong in the math right alongside your mortgage payment, taxes and insurance. Don't treat them as an afterthought once you've found a home you love.
Association dues and rules vary from one community to the next. Two homes with similar prices and square footage can carry quite different monthly costs. When you compare homes, compare what you'll pay each month, not just the purchase price.
Townhomes in Boca Raton
Townhomes make up 10% of homes here, a smaller slice of what's available. If a townhome is specifically what you want, expect fewer to choose from at any given time. A saved search that flags new townhome listings will help you see them as they come up, rather than finding out after the fact.
When you weigh a townhome against a single-family home, lean on price per square foot and the association details rather than the sticker price alone. That gives you a fair comparison between two very different ways of owning.
Questions to Ask Before Making an Offer in Boca Raton
- Homes here were built around 1987: how old are this home's roof, air conditioning and water heater, and which have been replaced?
- With 87% of homes reporting an HOA: what are the dues on this home, what do they cover, and are any special assessments planned?
- What does the association allow and restrict on rentals, pets, parking and exterior changes?
- Townhomes make up 10% of homes: if this is one, which parts of the exterior and roof does the association maintain?
- The median home sold in 39 days: how long has this one been listed?
- The typical lot is about 8,710 sq ft: how does this lot compare, and where exactly are its boundaries?
Your Boca Raton real estate questions, answered
The right home depends on what matters to you. Chris Kull can help you compare your options in Boca Raton and focus on the homes that fit your needs.
Have a particular neighborhood or type of home in mind? Tell me what matters most and I can narrow the search to the properties worth a closer look. Call or text 561-440-0777 or send me a message.
