Market Intelligence · FL / Boca Raton

Boca Raton, FL 33431 Housing Market

The typical home value in Boca Raton, FL 33431 is $646,501, up 4.9% over the past year. The median list price stands at $795,000, with homes taking a median of 77 days on market as of September 2026.

Updated September 2026Median value$647K

The median home value in Boca Raton, FL 33431 is $647K as of September 2026, up 4.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 33431 range

$595K to $698K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.9% over 12 months

Typical home value in 33431 over the last 12 months: $616K in Sep 2025 to $647K in Sep 2026 (+4.9%).

Sep 2025$616K

Sep 2026$647K

The numbers

What is the 33431 housing market like?

Typical home value

$647K

Up4.9%YoY

Median list price

$795K

Up3.6%MoM

Days on market

77

Down1.3%MoM

Homes for sale

110

Down2.7%MoM

Price cuts

14.5%

Up11.9%MoM

New listings

34

Up6.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

33431 housing market forecast 2027

+0.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33431 to rise 0.8% by September 2027.

Over the 12 months through September 2026, typical home values in 33431 rose 4.9%, per the Zillow Home Value Index.

Will home prices drop in 33431?

Zillow's forecast does not call for a drop: it expects typical home values in 33431 to rise 0.8% by September 2027, after a 4.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 33431 home prices compare?

  • 33431$646,501
  • Boca Raton$686,700
  • Florida$344,436
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Boca Raton: 9 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

September 2026 data shows 110 homes for sale in the 33431 ZIP code, with 34 new listings entering the market. The median list price of $795,000 reflects premium positioning, while homes are spending 77 days on market on average. The year-over-year value gain of 4.9% suggests underlying stability, though 14.5% of listings have seen price reductions. For sellers, this means pricing strategy matters more than ever in a market where some homes are adjusting expectations.

Monthly payment

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20% · $129,300

Common questions

What people ask us.

What is the typical home value in 33431?

The typical home value is $646,501, which represents a 4.9% increase over the past year as of September 2026.

How long do homes typically stay on the market?

Homes take a median of 77 days on market in this ZIP code as of September 2026.

What is the median list price in 33431?

The median list price is $795,000 as of September 2026.

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