Delray Beach, FL—33446
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Delray Beach, FL
As of Oct '25, the median home price in Delray Beach, FL is $339,000, with a year-over-year change of -10.6%. This indicates that home prices in Delray Beach, FL are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $339,000 | -10.6% |
| Single Family | $709,000 | -6.7% |
| Condos | $118,000 | -24.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $74,000 | -28.8% |
2 Bed | $174,000 | -19.8% |
3 Bed | $569,000 | -7.9% |
4 Bed | $1,132,000 | -2.6% |
| 5 Bed | $1,774,000 | -3.0% |
% of Housing Stock
Rental Trends — Delray Beach, FL
As of July '25, Rentcast reports the average rent in Delray Beach, FL is $2,960, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in Delray Beach, FL is 1-bedrooms: $1,870, 2-bedrooms: $2,600, 3-bedrooms: $4,290, 4-bedrooms: $6,090. The most common rental property sizes in Delray Beach, FL are 2-bedroom and 1-bedroom, accounting for 41.7% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,870 |
| 2 Bed Rent | $2,100 | $2,600 |
| 3 Bed Rent | $3,810 | $4,290 |
| 4 Bed Rent | $5,500 | $6,090 |
% of Rental Stock
Property Listings — Delray Beach, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Delray Beach, FL is 91. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $229,000 | -1.0% |
Listing Count | 649 | 1.0% |
| Listings as % of Homes | 2.6% | 1.0% |
Days on Market | 91 | 20.0% |
Demographics — Delray Beach, FL
As of the latest ACS Survey released in 2023, Delray Beach, FL has a population of 28,000, which has increased by 12.1% over the past 5 years. Delray Beach, FL is a less popular place for families, as children make up 9.0% of the population. The area has a highly educated workforce, with 49.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,000 | 12.1% |
% Under 18 | 9.0% | -3.2% |
% Seniors | 58.9% | 4.1% |
% WFH | 29.0% | 42.2% |
% w/ College Degree | 49.7% | 10.7% |
As of the latest ACS Survey released in 2023, Delray Beach, FL is a predominantly white area, with 78.9% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Delray Beach, FL is hispanic, making up 13.3% of the population. Foreign-born residents account for 19.7% of the population in Delray Beach, FL, and this percentage has decreased by 3.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.9% | -5.5% |
% Black | 4.2% | 61.5% |
% Hispanic | 13.3% | 30.4% |
% Asian | 0.8% | -57.9% |
% Foreign Born | 19.7% | -3.4% |
Mortgage and Risk — Delray Beach, FL
Delray Beach, FL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Delray Beach, FL
As of 2024, the percent of homes in Delray Beach, FL under the Section 8 program is 0.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Delray Beach, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,700 | $1,660 |
| 2 Bedroom | -$120 | $2,100 | $1,980 |
| 3 Bedroom | -$1,220 | $3,810 | $2,590 |
| 4 Bedroom | -$2,410 | $5,500 | $3,090 |
Affordability — Delray Beach, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $339,000 |
| Median Household Income | $75,000 |