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Blue Lakes

BOCA RATON, FL 33431

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 33431

Blue Lakes

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BOCA RATON, FL real estate market (33431) currently shows 222 active listings, with 43 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 62 days on market compared to 60 days last year.

The median listing price has fallen 13.4% year-over-year, from $750,000 to $649,225.

Whether you are buying or selling in BOCA RATON, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 22,488  ·  Density: 1,042.0/mi²  ·  Median household income: $101,291

Typical home value: $507,030  ·  Homeownership: 70.6%

Market Overview

Active Listings
222
⇩ 10.1% vs 247 last year
Pending
43
19% pending ratio
Median Price
$649,225
⇩ 13.4% vs $750,000 last year
Average Price
$1,804,496
⇩ 9.8% vs $2,000,043 last year
Days on Market
62
⇧ 3.3% vs 60 days last year

Price Per Square Foot

Median $/sqft
$508
⇩ 5.4% vs $537/sqft last year
Median Home Size
1,305 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 222 this year vs 247 last year
  • Days on market: 62 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $649,225 (-13.4% YoY)
  • Average: $1,804,496 (-9.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.2 miles — 4,799 listings ($4,634,171,521 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33431Boca Raton, FL 334310.0 mi206$370,487,704$624,950$1,798,484
33486Boca Raton, FL 334862.4 mi123$129,856,020$787,950$1,055,740
33434Boca Raton, FL 334344.1 mi374$223,447,796$159,950$597,454
33433Boca Raton, FL 334334.2 mi439$303,611,083$417,250$691,597
33445Delray Beach, FL 334455.2 mi394$222,329,078$277,500$564,287
33484Delray Beach, FL 334845.5 mi577$165,275,880$200,000$286,440
33483Delray Beach, FL 334836.1 mi353$974,524,276$1,400,000$2,760,692
33446Delray Beach, FL 334467.2 mi631$405,805,565$220,250$643,115
33073Pompano Beach, FL 330737.5 mi114$62,747,880$498,700$550,420
33067Pompano Beach, FL 330679.1 mi144$195,716,880$769,975$1,359,145
33062Pompano Beach, FL 330629.6 mi882$1,200,940,020$579,750$1,361,610
33436Boynton Beach, FL 3343610.0 mi485$278,125,675$396,000$573,455
33473Boynton Beach, FL 3347310.2 mi77$101,303,664$1,167,750$1,315,632

Frequently Asked Questions

How many homes are for sale in BOCA RATON, FL 33431?

As of March 2026, there are 222 active listings in BOCA RATON, FL (zip code 33431), compared to 247 the prior year.

What is the median home price in BOCA RATON, FL 33431?

The median listing price in BOCA RATON, FL 33431 is $649,225 as of March 2026, a 13.4% decrease from $750,000 the prior year.

How long do homes stay on the market in BOCA RATON, FL?

Homes in BOCA RATON, FL 33431 spend an average of 62 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in BOCA RATON, FL 33431?

Based on current inventory and days-on-market data as of March 2026, BOCA RATON, FL 33431 is currently a Balanced Market. Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 62 days on market compared to 60 days last year.

How much can I save on real estate commission in BOCA RATON, FL?

With SELL123.com's maximum 3% commission, sellers in BOCA RATON, FL 33431 save an estimated $12,985 compared to a typical 5% commission on the median listing price of $649,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.