The housing market in Boca Raton, FL (33498) is booming! The median value of a home in this area is $682,900, which is over twice the United States median value of $338,100. The US House appreciation rate for the past year has been 8.27%, but in Boca Raton it's been even higher at 22.04%. This demonstrates that this is an excellent place to invest in property and housing prices are likely to continue to rise here for the foreseeable future.
The median home cost in Boca Raton (zip 33498) is $682,900. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Boca Raton (zip 33498) is up 27.8%.
Average Age of Homes
- The median age of Boca Raton (zip 33498) real estate is 25 years old
The Rental Market in Boca Raton (zip 33498)
- Renters make up 5.3% of the Boca Raton (zip 33498) population
- 0.4% of houses and apartments in Boca Raton (zip 33498), 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.