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  4. /Boca Raton, FL - 33498

Boca Raton, FL—33498

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$801,000
2.6% YoY Growth
Household Income
$130,000
30.2% YoY Growth
Days on Market
53
6.0% Longer YoY
Home Price Forecast
2.5%
Median Rent
$5,500
2.1% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$3,000
10.0% YoY Growth
3-Bed Rent
$4,450
2.2% YoY Growth

Other Zip Codes in Boca Raton, FL

3342833431334873349633486334343343333432
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Boca Raton, FL

As of May '26, the median home price in Boca Raton, FL is $801,000, with a year-over-year change of 2.6%. This indicates that home prices in Boca Raton, FL are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$801,0002.6%
Single Family $807,0003.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$369,000-0.5%
    3 Bed
    		$668,0002.6%
    4 Bed
    		$875,0004.2%
    5 Bed $1,160,5745.5%
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    % of Housing Stock

    Studio
    0.2%
    2 Bedrooms
    14.0%
    3 Bedrooms
    30.7%
    4 Bedrooms
    39.1%
    5+ Bedrooms
    16.1%

    Rental Trends — Boca Raton, FL

    As of July '25, Rentcast reports the average rent in Boca Raton, FL is $5,350, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Boca Raton, FL is 2-bedrooms: $3,290, 3-bedrooms: $4,430, 4-bedrooms: $5,820. The most common rental property sizes in Boca Raton, FL are 4-bedroom and 3-bedroom, accounting for 33.7% and 33.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$5,500$5,350
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $3,000$3,290
    3 Bed Rent $4,450$4,430
    4 Bed Rent $5,750$5,820
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    % of Rental Stock

    3 Bedrooms
    33.3%
    4 Bedrooms
    33.7%
    5+ Bedrooms
    33.1%

    Property Listings — Boca Raton, FL

    As of May '26, Realtor.com reports that the median days on market for a home in Boca Raton, FL is 53. This is a increase of 6.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$809,0000.0%
    Listing Count
    		100-19.0%
    Listings as % of Homes1.5%-19.0%
    Days on Market
    		536.0%
    Loading chart...

    Demographics — Boca Raton, FL

    As of the latest ACS Survey released in 2023, Boca Raton, FL has a population of 17,200, which has increased by 19.4% over the past 5 years. Boca Raton, FL is a popular place for families, as children make up 25.8% of the population. The area has a highly educated workforce, with 57.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		17,20019.4%
    % Under 18
    		25.8%16.2%
    % Seniors
    		19.3%-11.5%
    % WFH
    		30.1%138.9%
    % w/ College Degree
    		57.2%6.9%
    Loading chart...

    As of the latest ACS Survey released in 2023, Boca Raton, FL is a predominantly white area, with 68.4% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Boca Raton, FL is hispanic, making up 20.2% of the population. Foreign-born residents account for 28.2% of the population in Boca Raton, FL, and this percentage has increased by 20.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		68.4%-6.2%
    % Black
    		2.5%-10.7%
    % Hispanic
    		20.2%65.6%
    % Asian
    		3.5%-40.7%
    % Foreign Born
    		28.2%20.5%
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    Mortgage and Risk — Boca Raton, FL

    Boca Raton, FL lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
    Loading chart...
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    Rentals and Section 8 — Boca Raton, FL

    Boca Raton, FL lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		21
    Total Units Section 8
    		21
    % Rentals under Section 8
    		3.4%
    % Occupied Section 8
    		84.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$2,740
    2 Bedroom$280$3,000$3,280
    3 Bedroom-$170$4,450$4,280
    4 Bedroom-$630$5,750$5,120

    Affordability — Boca Raton, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.8
    Median Home Price$801,000
    Median Household Income$130,000

    Boca Raton, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Boca Raton, FL

    33428

    Boca Raton, FL

    33434

    Boca Raton, FL

    33496

    Delray Beach, FL

    33446

    Boca Raton, FL

    33433

    Frequently Asked Questions