Market Intelligence · FL / Boca Raton

Boca Raton, FL 33487 Housing Market

The typical home value in Boca Raton's 33487 ZIP is $686,700, up 5.3% over the past year. Homes listed here have a median asking price of $804,750 and stay on the market for a median of 86 days.

Updated September 2026Median value$687K

The median home value in Boca Raton, FL 33487 is $687K as of September 2026, up 5.3% 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 33487 range

$632K to $742K

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

+5.3% over 12 months

Sep 2025$652K

Low $652KHigh $687K

Sep 2026$687K

The numbers

What is the 33487 housing market like?

As of September 2026

Typical home value

$687K

5.3%YoY

Median list price

$805K

1.7%MoM

Days on market

6.5%MoM

Homes for sale

256

2.4%MoM

Price cuts

9.1%

18.5%MoM

New listings

95.5%MoM

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

The outlook

33487 housing market forecast 2027

+0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33487 to rise 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 33487 rose 5.3%, per the Zillow Home Value Index.

Will home prices drop in 33487?

Zillow's forecast does not call for a drop: it expects typical home values in 33487 to rise 0.7% by September 2027, after a 5.3% 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 33487 home prices compare?

33487$686,700
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

As of September 2026, there are 256 homes for sale in 33487, with 86 new listings arriving recently. The median list price stands at $804,750 while homes take a median of 86 days to sell. About 9.1% of listings have seen a price cut, suggesting some properties are adjusting to market conditions. The typical home value of $686,700 reflects a 5.3% annual gain, but the extended time on market and modest share of price reductions indicate sellers should be realistic about pricing expectations.

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Down payment20% · $137,340

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Common questions

What people ask us.

What is the typical home value in 33487?

The typical home value in Boca Raton's 33487 ZIP is $686,700, representing a 5.3% increase over the past year.

How long do homes typically stay on the market here?

Homes in 33487 have a median days on market of 86 as of September 2026.

What share of homes are listed below asking price?

About 9.1% of listings have received a price cut as of September 2026.

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