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Boca Raton

Why you'd want to live in Boca Raton

Introduction to Boca Raton, Florida The coastal city of Boca Raton is located in Palm Beach County, Florida, about 20 miles north of Fort Lauderdale and 30 miles south of Palm Beach. The city is also situated about 50 miles north of Miami. Highways servicing the city include U.S. Route 1, which passes through the city’s downtown and commercial districts; U.S. Route 441 which crosses through some of its agricultural areas; and Interstate I-95 which bisects the city from north to south. The meaning of the city's name is often mistakenly interpreted as the literal translation of the Spanish "Boca Raton" ("Rat's Mouth") but the origin of the name is more likely derived from a more colloquial translation, "Thieves Inlet," which probably refers to a nearby geographical inlet in the Biscayne Bay area. via citytowninfo

Boca Raton Market Report

$351,837

AVERAGE PRICE OF 8 DISTRESSED HOMES

$4,116,361

AVERAGE PRICE OF 557 MULTI-MILLION DOLLAR HOMES

$6,938,519

AVERAGE PRICE OF 134 NEWLY BUILT HOMES

$2,660,979

AVERAGE PRICE OF 807 HOMES WITH A POOL

$827,286

AVERAGE PRICE OF 101 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.69 baths

Average Price by Bedrooms

1 bedroom $239,043
2 bedrooms $431,316
3 bedrooms $925,477
4 bedrooms $1,457,839
5 bedrooms $3,868,052
Boca Raton Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 1,718 n/a n/a n/a 1,339
Average Price n/a n/a n/a n/a $1,454,270
Avg Price Change n/a n/a n/a n/a -0.41%
Median Price $697,752 n/a n/a n/a $599,501
Med Price Change n/a n/a n/a n/a +3.44%
Avg Bedrooms 2.94 beds n/a n/a n/a 2.8 beds
Avg Bathrooms 2.68 baths n/a n/a n/a 2.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Boca Raton Community High School 317 $2,171,551 114 days
Olympic Heights Community High 145 $1,087,406 54 days
Spanish River Community 8 $1,760,238 31 days
Spanish River Community High School 281 $1,391,823 63 days
West Boca Raton High School 76 $801,333 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,722 n/a 71 days
Distressed Homes 8 $351,837 108 days
Multi-Million Dollar Homes 557 $4,116,361 94 days
Newly Built Homes 134 $6,938,519 183 days
Homes with a Pool 807 $2,660,979 67 days
Reduced Price Homes 101 $827,286 41 days