Zip 33431 (Boca Raton, FL) Housing

Housing in the 33431 Boca Raton, FL area is quite expensive, with a median value of $609,300. This is nearly double the US house median value of $338,100 and significantly higher than the 1 year nationwide house appreciation rate of 8.27%. In fact, the housing appreciation rate for the last year in this area was 22.04% - much higher than the national average! Clearly this area is an attractive place to buy property and invest in real estate.

The median home cost in Boca Raton (zip 33431) is $609,300. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Boca Raton (zip 33431) is up 27.8%.

Average Age of Homes

- The median age of Boca Raton (zip 33431) real estate is 39 years old

The Rental Market in Boca Raton (zip 33431)

- Renters make up 22.5% of the Boca Raton (zip 33431) population
- 2.6% of houses and apartments in Boca Raton (zip 33431), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Boca Raton, Florida	United States
	9,099.0	139,647,020.0
	43	42
	$609,300	$338,100
	27.8%	16.6%
	80.3%	57.0%
	200.8%	101.1%
	$9.62	$10.98
	$4,182	$2,690
	59.4%	57.4%
	17.1%	11.2%
	23.5%	31.4%
Vacant Housing
	2.6%	1.9%
	0.2%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	11.3%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.6%	2.4%
	0.0%	2.8%
	0.9%	3.9%
	2.3%	4.5%
	3.5%	11.3%
	5.6%	13.0%
	13.3%	20.1%
	17.8%	13.6%
	16.7%	8.3%
	19.9%	9.7%
	7.3%	3.9%
	6.1%	2.2%
	2.6%	0.8%
	3.2%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	8.1%	13.6%
	8.1%	13.6%
	8.3%	13.6%
	25.8%	13.2%
	29.6%	14.8%
	8.3%	13.6%
	7.7%	10.0%
	1.3%	4.7%
	0.2%	12.2%

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