Balanced MarketAugust 2026

Boca Raton Housing Market Report

Live MLS data · 400 active listings · $575K median · Updated August 2026

TL;DR

The Boca Raton housing market has 400 active listings with a median asking price of $575K as of August 2026. 19% of listings have had a price reduction. Average price per square foot is $504, with homes spending an average of 90 days on market — a balanced market.

400

Active Listings

$575K

Median Price

$504

Avg $/sqft

90

Avg Days on Market

19%

Price Reduced

Price Distribution

Under $300K
86 (22%)
$300K–$500K
90 (23%)
$500K–$750K
52 (13%)
$750K–$1M
39 (10%)
$1M–$2M
48 (12%)
$2M+
85 (21%)

By Property Type

Condos
$325K
House
$1.8M
Townhouses
$525K
Single-Family
$3.2M

Median Price by Bedrooms — Boca Raton

BedroomsActive ListingsMedian Price
Studio/1 BR34$274K
2 BR141$325K
3 BR121$600K
4 BR50$1.5M
5+ BR54$4M

ELLA AI Market Analysis — Boca Raton

The Boca Raton real estate market currently has 400 active listings as of August 2026, with a median asking price of $575K and an average of $504/sqft. Homes are spending an average of 90 days on market — conditions are relatively balanced between buyers and sellers.

Condos represent the best value in Boca Raton right now, with an average price per square foot of $387 and a median asking price of $325K. There are currently 178 active condos listings available.

With 19% of listings having reduced their price and an average DOM of 90 days, Boca Raton offers opportunities for both buyers and sellers. ELLA's IQ score analyzes each listing individually to identify the best-value opportunities.

Frequently Asked Questions — Boca Raton Real Estate Market

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

As of August 2026, the median asking price in Boca Raton is $575K, with an average of $1.7M. Prices range from $73K to $31.8M. The average price per square foot is $504.

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

Boca Raton is currently a balanced market. Homes average 90 days on market with 19% showing price reductions. Well-priced properties still move at a fair pace, and both sides can negotiate effectively.

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

As of August 2026, homes in Boca Raton spend an average of 90 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 $387/sqft with a median price of $325K. There are 178 active condos listings available.

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

Based on the median home price of $575K in Boca Raton, Casa Simple buyers typically receive savings of $4K–$8K at closing. This is a closing cost credit — you pay nothing extra. The exact amount 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 $8K back at closing.