The housing market in Boca Raton, FL (33486) is thriving. The median value for homes in the area is an impressive $671,700, significantly higher than the US median of $338,100. Furthermore, over the past year there has been an exceptional appreciation of 22.04%, far outpacing the US average of 8.27%. This indicates that those who invest in property here will likely see a significant return on their investment within a short period of time.
The median home cost in Boca Raton (zip 33486) is $671,700. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Boca Raton (zip 33486) is up 27.8%.
Average Age of Homes
- The median age of Boca Raton (zip 33486) real estate is 40 years old
The Rental Market in Boca Raton (zip 33486)
- Renters make up 21.4% of the Boca Raton (zip 33486) population
- 4.3% of houses and apartments in Boca Raton (zip 33486), 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.