Market Overview
Home Prices in Delray Beach, FL
The median home value in Delray Beach, FL is $342,429 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.8% compared to a year ago and down 6.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Delray Beach are priced16% below average. Delray Beach is part of the Miami-Fort Lauderdale-Pompano Beach, FL metro area.
Over the past five years, Delray Beach home values have risen by approximately25.6%, reflecting strong long-term appreciation in this market.
Price History
Delray Beach Home Price Trend
City Comparison
Delray Beach vs. National Median
At $342,429, homes in Delray Beach cost 16% below the national median of $410,000. This makes Delray Beach a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Delray Beach?
20% Down Payment
$68,486
on $342,429
Monthly P&I
$1,786/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,268/mo
incl. taxes & insurance
Income Needed
$90,720
gross annual (30% rule)
10% Down Option
$34,243
+ PMI applies
Loan Amount (20% dn)
$273,943
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Delray Beach, FL?
The median home value in Delray Beach is $342,429 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.8% year-over-year.
How much have home prices changed in Delray Beach?
Over the past year, home values in Delray Beach have decreased by 2.8%. Over five years, prices have risen approximately 25.6%.
How much do I need to earn to buy a home in Delray Beach?
To comfortably afford the median home price of $342,429 with a 20% down payment ($68,486) at today's rates (6.8%), you'd need a gross annual income of approximately $90,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Delray Beach compare to the national average home price?
The national median home value is approximately $410,000. At $342,429, homes in Delray Beach are 16% below the national average.
What metro area is Delray Beach part of?
Delray Beach is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.