Boca Raton, FL housing market
The typical Boca Raton home is worth about $577,000, up 3.7% in a year, 54% above the Florida typical home. Homes typically sell in 77 days, below asking.
Home values, sales, trends and how Boca Raton compares with the towns next door — updated as new data is published.
Boca Raton at a glance
A balanced market
About 5 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Boca Raton | Florida |
|---|---|---|
| 2017 | $313,000 | $209,000 |
| 2018 | $330,000 | $226,000 |
| 2019 | $343,000 | $242,000 |
| 2020 | $353,000 | $253,000 |
| 2021 | $382,000 | $276,000 |
| 2022 | $477,000 | $340,000 |
| 2023 | $557,000 | $392,000 |
| 2024 | $585,000 | $402,000 |
| 2025 | $578,000 | $397,000 |
| 2026 | $558,000 | $377,000 |
| August 2026 | $577,000 | $376,000 |
84 new homes permitted in 2025
Builders were permitted 84 new homes in Boca Raton in 2025, all single-family houses, worth about $137.9 million to build. That's 0.8 per 1,000 residents, slower than across Florida (8.3). Over the past 10 years, Boca Raton has permitted 1,822 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Boca Raton gained 13,030 residents while 3,936 new homes were permitted: about 3.3 new residents per new home. Building and growth moved roughly in step. Across Florida: 2.8 new residents per new home.
How Boca Raton ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 64 | 64 | 0 | $75.3 million |
| 2025 | 84 | 84 | 0 | $137.9 million |
| 2024 | 75 | 75 | 0 | $131.7 million |
| 2023 | 59 | 59 | 0 | $91.6 million |
| 2022 | 128 | 116 | 12 | $179 million |
| 2021 | 179 | 147 | 32 | $213.6 million |
| 2020 | 122 | 122 | 0 | $84.3 million |
| 2019 | 120 | 113 | 7 | $95.6 million |
| 2018 | 136 | 112 | 24 | $80 million |
| 2017 | 321 | 90 | 231 | $91.1 million |
| 2016 | 598 | 146 | 452 | $156.6 million |
| 2015 | 975 | 131 | 844 | $195.6 million |
| 2014 | 469 | 66 | 403 | $123.6 million |
| 2013 | 421 | 54 | 367 | $87.7 million |
| 2012 | 613 | 229 | 384 | $87.8 million |
| 2011 | 218 | 218 | 0 | $72.1 million |
| 2010 | 65 | 60 | 5 | $27.3 million |
| 2009 | 17 | 17 | 0 | $10.4 million |
| 2008 | 100 | 30 | 70 | $35.7 million |
| 2007 | 101 | 37 | 64 | $65.7 million |
| 2006 | 302 | 55 | 247 | $82.4 million |
| 2005 | 552 | 75 | 477 | $138.4 million |
| 2004 | 71 | 71 | 0 | $50.5 million |
| 2003 | 89 | 89 | 0 | $57.4 million |
| 2002 | 250 | 86 | 164 | $62.9 million |
| 2001 | 440 | 88 | 352 | $63.2 million |
| 2000 | 458 | 119 | 339 | $87.8 million |
How Boca Raton ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Boca Raton and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Boca Raton | $577K | +3.7% | $2,900 | 84 | $106,273 |
| Deerfield Beach | $273K | −3% | $2,390 | 10 | $59,730 |
| Highland Beach | $916K | +3.4% | $2,870 | 2 | $145,485 |
| Delray Beach | $343K | +0.2% | $2,440 | 291 | $82,041 |
5.4 years of income
The typical Boca Raton home costs about 5.4 years of the town's median household income, more than across Florida (5 years).
How Boca Raton ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,900
HUD's Fair Market Rent for a two-bedroom in Boca Raton is $2,900 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Boca Raton pay a median of $2,508, so moving in tends to cost more than staying put. A two-bedroom takes about 33% of the town's median household income, above the 30% guideline for affordable housing.
Studio $2,300 · 4 bedrooms $4,350
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (33431, 33432, 33433, 33434, 33486, 33487 and 1 more; West Palm Beach-Boca Raton, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.