Ocean Ridge, FL housing market
The typical Ocean Ridge home is worth about $1,497,000, up 4.9% in a year, 299% above the Florida typical home. Homes typically sell in 187 days, below asking.
Home values, sales, trends and how Ocean Ridge compares with the towns next door — updated as new data is published.
Ocean Ridge 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 | Ocean Ridge | Florida |
|---|---|---|
| 2017 | $637,000 | $209,000 |
| 2018 | $670,000 | $226,000 |
| 2019 | $726,000 | $242,000 |
| 2020 | $741,000 | $253,000 |
| 2021 | $828,000 | $276,000 |
| 2022 | $1,201,000 | $340,000 |
| 2023 | $1,404,000 | $392,000 |
| 2024 | $1,429,000 | $402,000 |
| 2025 | $1,425,000 | $397,000 |
| 2026 | $1,436,000 | $377,000 |
| August 2026 | $1,497,000 | $376,000 |
No new homes permitted in 2025
No permits for new homes were issued in Ocean Ridge in 2025. The last year with any was 2024 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Ocean Ridge gained 44 residents while 50 new homes were permitted: about 0.9 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. 31% of Ocean Ridge's homes are seasonal or vacation homes, which adds housing without adding residents. Across Florida: 2.8 new residents per new home.
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) | 7 | 7 | 0 | $17.7 million |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 1 | 1 | 0 | $2 million |
| 2023 | 3 | 3 | 0 | $2.8 million |
| 2022 | 9 | 9 | 0 | $13.5 million |
| 2021 | 7 | 7 | 0 | $13 million |
| 2020 | 6 | 6 | 0 | $6.1 million |
| 2019 | 4 | 4 | 0 | $6.7 million |
| 2018 | 1 | 1 | 0 | $632,000 |
| 2017 | 5 | 5 | 0 | $4.4 million |
| 2016 | 9 | 9 | 0 | $13.6 million |
| 2015 | 5 | 5 | 0 | $9.6 million |
| 2014 | 5 | 5 | 0 | $4.7 million |
| 2013 | 13 | 6 | 7 | $7.7 million |
| 2012 | 3 | 3 | 0 | $1.4 million |
| 2011 | 1 | 1 | 0 | $3.2 million |
| 2010 | 4 | 4 | 0 | $3.1 million |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $921,000 |
| 2007 | 3 | 3 | 0 | $3.8 million |
| 2006 | 4 | 4 | 0 | $3.4 million |
| 2005 | 2 | 2 | 0 | $4 million |
| 2004 | 4 | 4 | 0 | $1.3 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Ocean Ridge and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Ocean Ridge | $1.5M | +4.9% | $2,470 | 0 | $128,750 |
| Briny Breezes | — | +5.9%† | $2,470 | 0 | $65,179 |
| Boynton Beach | $404K | −0.3% | $2,520 | 462 | $70,074 |
† FHFA price index change, where Zillow has no home value for the town.
11.6 years of income
The typical Ocean Ridge home costs about 11.6 years of the town's median household income, more than across Florida (5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,470
HUD's Fair Market Rent for a two-bedroom in Ocean Ridge is $2,470 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ocean Ridge pay a median of $1,953, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.
Studio $1,960 · 4 bedrooms $3,710
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (33435; 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.