Buyer's MarketMay 2026

Delray Beach Housing Market Report

Live MLS data · 122 active listings · $235K median · Updated May 2026

TL;DR

The Delray Beach housing market has 122 active listings with a median asking price of $235K as of May 2026. 84% of listings have had a price reduction. Average price per square foot is $259, with homes spending an average of 75 days on market — a buyer's market.

122

Active Listings

$235K

Median Price

$259

Avg $/sqft

75

Avg Days on Market

84%

Price Reduced

Price Distribution

Under $300K
76 (62%)
$300K–$500K
22 (18%)
$500K–$750K
12 (10%)
$750K–$1M
1 (1%)
$1M–$2M
6 (5%)
$2M+
5 (4%)

By Property Type

Condos
$159K
Single-Family
$690K
Villa
$315K
Townhouses
$350K

Median Price by Bedrooms — Delray Beach

BedroomsActive ListingsMedian Price
Studio/1 BR21$115K
2 BR68$200K
3 BR24$550K
4 BR3$570K
5+ BR6$3.2M

ELLA AI Market Analysis — Delray Beach

The Delray Beach real estate market currently has 122 active listings as of May 2026, with a median asking price of $235K and an average of $259/sqft. Homes are spending an average of 75 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.

Condos represent the best value in Delray Beach right now, with an average price per square foot of $179 and a median asking price of $159K. There are currently 72 active condos listings available.

With 84% of listings having seen a price reduction, there is meaningful negotiating room in Delray Beach. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.

Frequently Asked Questions — Delray Beach Real Estate Market

What is the average home price in Delray Beach right now?

As of May 2026, the median asking price in Delray Beach is $235K, with an average of $522K. Prices range from $60K to $8.9M. The average price per square foot is $259.

Is Delray Beach a buyer's or seller's market?

Delray Beach is currently a buyer's market. Homes average 75 days on market and 84% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.

How long do homes stay on the market in Delray Beach?

As of May 2026, homes in Delray Beach spend an average of 75 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 Delray Beach?

Condos are currently the most affordable by price per square foot in Delray Beach, averaging $179/sqft with a median price of $159K. There are 72 active condos listings available.

How much can I save buying in Delray Beach with Casa Simple?

Based on the median home price of $235K in Delray Beach, Casa Simple buyers typically receive a rebate of $2K–$3K 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 Delray Beach?

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 Delray Beach?

ELLA analyzes every listing in Delray Beach with an AI-powered IQ score. Get up to $3K back at closing.