Is Boynton Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$408,805
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Boynton Beach was $408,805 in April 2024, up 12% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146K | $159.9K | +9.5% |
2 Bedrooms | $290K | $305K | +5.2% |
3 Bedrooms | $440.1K | $460.7K | +4.7% |
4 Bedrooms | $629K | $673.3K | +7.0% |
5+ Bedrooms | $850K | $920K | +8.2% |
Summary: Boynton Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
Ocean Ridge | $1.1M | $1.6M | +38.5% |
Boynton Beach | $365K | $408.8K | +12.0% |
Hypoluxo | $395K | $368.9K | -6.6% |
Housing Supply in Boynton Beach, FL
How many homes are available in Boynton Beach, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,795 | 1,907 | +6.2% |
Summary: The Boynton Beach real estate market had 1,907 homes for sale in April 2024, a 6.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 139 | 142 | +2.2% |
2 Bedrooms | 654 | 717 | +9.6% |
3 Bedrooms | 781 | 807 | +3.3% |
4 Bedrooms | 161 | 170 | +5.6% |
5+ Bedrooms | 60 | 71 | +18.3% |
Summary: The Boynton Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 18.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
266 | 293 | +10.2% |
Asking Price vs. Sold Price
231 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 293 homes were sold or pending in Boynton Beach in April 2024, up by 10.2% month-over-month. Of the 293 sold homes, 79% were sold under asking, 14% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 52 Days | +11.3% |
Summary: Homes in Boynton Beach had an average of 52 days on market in Apr 2024, up by 11.3% compared to last year.
Breakdown of Home Sale Times
136 Homes Were Sold
Under 30 Days
99 Homes Were Sold
In 30 - 90 Days
58 Homes Were Sold
Over 90 Days
Summary: During April 2024, 293 homes were sold in Boynton Beach; 46% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.