Buyer's MarketMay 2026

Boca Raton Housing Market Report

Live MLS data · 200 active listings · $395K median · Updated May 2026

TL;DR

The Boca Raton housing market has 200 active listings with a median asking price of $395K as of May 2026. 75% of listings have had a price reduction. Average price per square foot is $392, with homes spending an average of 96 days on market — a buyer's market.

200

Active Listings

$395K

Median Price

$392

Avg $/sqft

96

Avg Days on Market

75%

Price Reduced

Price Distribution

Under $300K
65 (33%)
$300K–$500K
60 (30%)
$500K–$750K
30 (15%)
$750K–$1M
15 (8%)
$1M–$2M
13 (7%)
$2M+
17 (9%)

By Property Type

Condos
$270K
Single-Family
$950K
Townhouses
$425K
Villa
$386K

Median Price by Bedrooms — Boca Raton

BedroomsActive ListingsMedian Price
Studio/1 BR33$119K
2 BR77$315K
3 BR53$510K
4 BR19$895K
5+ BR18$3.9M

ELLA AI Market Analysis — Boca Raton

The Boca Raton real estate market currently has 200 active listings as of May 2026, with a median asking price of $395K and an average of $392/sqft. Homes are spending an average of 96 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.

Condos represent the best value in Boca Raton right now, with an average price per square foot of $297 and a median asking price of $270K. There are currently 109 active condos listings available.

With 75% of listings having seen a price reduction, there is meaningful negotiating room in Boca Raton. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.

Frequently Asked Questions — Boca Raton Real Estate Market

What is the average home price in Boca Raton right now?

As of May 2026, the median asking price in Boca Raton is $395K, with an average of $1.2M. Prices range from $60K to $32M. The average price per square foot is $392.

Is Boca Raton a buyer's or seller's market?

Boca Raton is currently a buyer's market. Homes average 96 days on market and 75% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.

How long do homes stay on the market in Boca Raton?

As of May 2026, homes in Boca Raton spend an average of 96 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.

What is the most affordable property type in Boca Raton?

Condos are currently the most affordable by price per square foot in Boca Raton, averaging $297/sqft with a median price of $270K. There are 109 active condos listings available.

How much can I save buying in Boca Raton with Casa Simple?

Based on the median home price of $395K in Boca Raton, Casa Simple buyers typically receive a rebate of $3K–$5K at closing. This is cash back from the buyer's agent commission — you pay nothing extra. The exact rebate depends on purchase price and plan.

What is the average HOA fee in Boca Raton?

HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.

Ready to buy in Boca Raton?

ELLA analyzes every listing in Boca Raton with an AI-powered IQ score. Get up to $5K back at closing.