The housing market in 33428 Boca Raton, FL is booming. The median value for homes in the area is $476,400 compared to the US median of $338,100. This means that Boca Raton has a more expensive housing market than the US average. In addition, there has been an impressive 22.04% appreciation rate for homes in the area over the past year compared to 8.27% nationwide. This makes 33428 Boca Raton, FL an attractive place to invest in real estate right now.
The median home cost in Boca Raton (zip 33428) is $476,400. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Boca Raton (zip 33428) is up 27.8%.
Average Age of Homes
- The median age of Boca Raton (zip 33428) real estate is 32 years old
The Rental Market in Boca Raton (zip 33428)
- Renters make up 22.7% of the Boca Raton (zip 33428) population
- 1.1% of houses and apartments in Boca Raton (zip 33428), 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.