Is Boynton Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Boynton Beach was a Seller's Market.
Housing Prices in Boynton Beach, FL
How much do homes in Boynton Beach, FL cost?
Median Sold Price
$403,959
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Boynton Beach was $403,959 in March 2024, up 12.1% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $141K | $158.9K | +12.7% |
2 Bedrooms | $287.5K | $305K | +6.1% |
3 Bedrooms | $440K | $460K | +4.5% |
4 Bedrooms | $622K | $687.5K | +10.5% |
5+ Bedrooms | $875K | $911.5K | +4.2% |
Summary: Boynton Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
Ocean Ridge | $1.0M | $1.5M | +44.6% |
Boynton Beach | $360.4K | $403.9K | +12.1% |
Hypoluxo | $410K | $369.9K | -9.8% |
Housing Supply in Boynton Beach, FL
How many homes are available in Boynton Beach, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,688 | 1,861 | +10.2% |
Summary: The Boynton Beach real estate market had 1,861 homes for sale in March 2024, a 10.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 131 | 148 | +13.0% |
2 Bedrooms | 597 | 692 | +15.9% |
3 Bedrooms | 760 | 796 | +4.7% |
4 Bedrooms | 145 | 165 | +13.8% |
5+ Bedrooms | 55 | 60 | +9.1% |
Summary: The Boynton Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
220 | 243 | +10.5% |
Asking Price vs. Sold Price
190 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 243 homes were sold or pending in Boynton Beach in March 2024, up by 10.5% month-over-month. Of the 243 sold homes, 78% were sold under asking, 15% were sold at asking, and 7% were sold over asking.
Days on Market for Boynton Beach, FL
How long does it take to sell a home in Boynton Beach, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 49 Days | +3.0% |
Summary: Homes in Boynton Beach had an average of 49 days on market in Mar 2024, up by 3% compared to last year.
Breakdown of Home Sale Times
123 Homes Were Sold
Under 30 Days
76 Homes Were Sold
In 30 - 90 Days
44 Homes Were Sold
Over 90 Days
Summary: During March 2024, 243 homes were sold in Boynton Beach; 51% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.