Is Boca Raton, FL 33432 a buyer’s or seller’s market?
Boca Raton is a buyer’s market. With about 7.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 0% of U.S. ZIP codes, and #779 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Boca Raton housing market right now
In the three months ending August 31, 2026, 0% of homes in Boca Raton, FL 33432 sold above their list price, the typical home went under contract in 101 days and there were 7.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 132 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (1% then), homes sold faster (128 days then) and the median sale price rose 56% to $1,929,165. Overall, Boca Raton is more competitive than a year ago, so tougher for buyers.
Within Palm Beach County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Boca Raton ranks #779 of 796 FL ZIP codes with enough sales (score 3 out of 100).
Nearby, South Bay 33493 (25% sold over asking) and West Palm Beach 33406 (19% sold over asking) are even more competitive.
Run the numbers for 33432
Nearby markets
Belle Glade 33430Buyer’s market $225 /sq ftBoca Raton 33428Balanced $312 /sq ftBoca Raton 33431Balanced $427 /sq ftBoca Raton 33433Balanced $276 /sq ft Browse all markets →Towns like Boca Raton nearby
Find towns like Boca Raton in other states →Where Boca Raton is
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Questions about Boca Raton real estate
Is Boca Raton a buyer’s or seller’s market?
A buyer’s market: there were 7.4 months of supply in Boca Raton, FL 33432 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Boca Raton?
The typical home went under contract in 101 days in the latest three months.
Do homes in Boca Raton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.7% of the list price.
What are property taxes in Boca Raton?
About 0.86% of a home’s value a year in Palm Beach County, or roughly $3,440 on a $400,000 home.
What is the median home price in Boca Raton?
The median sale price was $1,929,165 in the three months ending August 31, 2026, about $856 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology