Boca Raton, FL 33498 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator, median sold price 788,500, signals recent transaction-level value and suggests a market where realized prices are close to asking expectations given the median listing price 797,000; this narrow spread may indicate moderate pricing friction where condition and realistic pricing determine successful sales.
2. Median days on market 174 points to slower sales velocity and extended marketing timelines; combined with a median price per square foot 316, sellers should expect longer time-to-contract and should prioritize condition adjustments or targeted pricing to improve liquidity.
3. Rental fundamentals show a median market rent of 4,900 while rent year-over-year trend is up, indicating stronger rental demand relative to sales activity—this may support investor interest but does not substitute for transaction-level price realization.
4. Market context is neutral: market temperature is neutral and price year-over-year trend is flat, while interest rate pressure is elevated; note that current 30-year fixed mortgage rates for properties in Boca Raton 33498 are approximately 7.33%, which is 1.27% higher than the 6.06% average observed in early 2026, a headwind that may depress buyer purchasing power and extend negotiation timelines.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.