The
median home value in 33431 is $350,500. 33431 home values have gone up 4.2%
over the past year and Zillow predicts they will fall -0.4% within the next
year. The median list price per square foot in 33431 is $291, which is higher
than the Boca Raton average of $198. The median price
of homes currently listed in 33431 is $499,000. The median rent price in 33431
is $2,325, which is higher than the Boca Raton median
of $2,050.
Mortgage delinquency is the first step in
the foreclosure process. This is when a homeowner fails to make a mortgage
payment. The percent of delinquent mortgages in 33431 is 0.0%, which is lower
than the national value of 0.0%. With U.S. home values having fallen by more
than 20% nationally from their peak in 2007 until their trough in late 2011,
many homeowners are now underwater on their mortgages, meaning they owe more
than their home is worth. The percent of 33431 homeowners underwater on their
mortgage is 0.1%, which is lower than Boca Raton at 0.1%.
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