Is Boca Raton, FL 33434 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Boca Raton is a seller’s market. With about 3.8 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score23/ 100

More competitive than 17% of U.S. ZIP codes, and #331 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

Months of supply3.8Under 4 months = seller’s market
Sold above original list13.7%Share of sales, last 3 months
Median sale-to-list94.9%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$330▲ +20.5% vs. last year

The Boca Raton housing market right now

In the three months ending August 31, 2026, 14% of homes in Boca Raton, FL 33434 sold above their list price, the typical home went under contract in 70 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 211 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 4%, homes sold faster (79 days then) and the median sale price rose 22% to $489,788. Overall, Boca Raton is more competitive than a year ago, so tougher for buyers.

Within Palm Beach County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 96%. On our competition score, Boca Raton ranks #331 of 796 FL ZIP codes with enough sales (score 23 out of 100).

Nearby, buyers who want less competition could look at Pahokee 33476 (0% sold over asking) or Boca Raton 33432 (0% sold over asking), while South Bay 33493 (25% sold over asking) and West Palm Beach 33406 (19% sold over asking) are even more competitive.

Nearby markets

Belle Glade 33430Buyer’s market $225 /sq ftBoca Raton 33428Balanced $312 /sq ftBoca Raton 33431Balanced $427 /sq ftBoca Raton 33432Buyer’s market $856 /sq ft Browse all markets →

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 seller’s market: there were 3.8 months of supply in Boca Raton, FL 33434 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 70 days in the latest three months.

Do homes in Boca Raton sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 94.9% 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 $489,788 in the three months ending August 31, 2026, about $330 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