Is Boynton Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boynton Beach is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Boynton Beach has remained a Seller's Market.

Key Takeaway

Boynton Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Boynton Beach, FL cost?

Median Sold Price

$295,272

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$53,210(+22.0%)

Key Takeaway

Homes in Boynton Beach have sold for 22% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $101.6K$129.9K
+27.8%
2 $199.9K$250K
+25.0%
3 $330.3K$397.2K
+20.2%
4 $391K$463.5K
+18.5%
5+ $460K$665K
+44.6%

Median Sold Price Compared To Nearby Cities

Hypoluxo
+39.8%
Boynton Beach
+22.0%
Ocean Ridge
0.0%

How many homes are available in Boynton Beach, FL?

Number of Homes For Sale

Jun 2022Jul 2022%
503534+6.2%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 6062
+3.3%
2 226236
+4.4%
3 156168
+7.7%
4 5461
+13.0%
5+ 77
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
134118-11.9%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

38 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boynton Beach, you may be able to get a good deal. 44.9% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
31 Days16 Days-46.6%

Breakdown of Home Sale Times

99 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boynton Beach are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Boynton Beach, FL

Number of homes for sale in Boynton Beach, FL real estate market have reached 534. The number of homes for sale in Boynton Beach, FL increased by 6.2% between June 2022 and July 2022. In July 2022 median list price was $295,272 and the average listing age was 16 days. This housing market listing prices have changed between June 2022 and July 2022: prices of 1 bedroom properties increased by 27.8%, 2 bedrooms properties became 25% more expensive, 3 bedrooms properties prices increased by 20.2%, 4 bedrooms properties prices increased by 18.5%, 5 bedrooms properties prices increased by 44.6%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went up by 3.3%, the quantity of 2 bedrooms homes went up by 4.4%, the quantity of 3 bedrooms homes went up by 7.7%, the quantity of 4 bedrooms homes went up by 13%, 5 bedrooms homes inventory did not change. In July 2022 more than 38 listings in Boynton Beach, FL were sold above the asking price. During the same period more than 27 listings were sold at asking price, while more than 53 were sold below.

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