Lakes of Delray vs Rainberry Bay
Two Palm Beach communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-10-08.
| Metric | Lakes of Delray | Rainberry Bay |
|---|---|---|
| Median sale price | $176K | $296K |
| Price per sq ft | $151 | $188 |
| Avg days on market | 83 days | 104 days |
| Months of supply | 13.0 mo | 22.0 mo |
| Market | Buyer-Leaning Market | Buyer-Leaning Market |
| 1-year price change | False | False |
| Recent closings | 12 | 12 |
The verdict
Rainberry Bay carries the higher median price — about 68% above Lakes of Delray. Homes in Lakes of Delray sell faster (83 days on market vs 104). Lakes of Delray is the tighter market on inventory (13.0 months of supply).
Where each one is
| Lakes of Delray | Rainberry Bay | |
|---|---|---|
| County | Palm Beach County, FL | Palm Beach County, FL |
| City / area | Delray Beach | Delray Beach |
| FEMA flood zones (sampled parcels) | all 15 sampled homes outside a flood zone | all 33 sampled homes outside a flood zone |
Distances are straight-line; driving distance is usually 15 to 30 percent more. Flood-zone shares come from FEMA flood maps matched to sampled parcels; always check the exact address before you close.
What is for sale today
| Lakes of Delray | Rainberry Bay | |
|---|---|---|
| Homes for sale now | 13 | 22 |
| Under contract | 3 | 7 |
| Asking prices today | $170K to $275K | $215K to $725K |
| Property types listed | Condominium | Single Family Residence, Townhouse, Villa |
Live MLS counts, refreshed with every listing pull. Browse them: Lakes of Delray homes for sale · Rainberry Bay homes for sale.
The homes themselves
| Lakes of Delray | Rainberry Bay | |
|---|---|---|
| Homes (parcels) | n/a | 521 |
| Built | n/a | 1977–1989 (median 1982) |
| Typical living area | n/a | 1,316 sq ft |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Schools the listings are zoned for
| Lakes of Delray | Rainberry Bay | |
|---|---|---|
| Elementary | Orchard View | Crosspointe |
| Middle | Carver Community | Carver Community |
| High school | Spanish River | Atlantic |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Which one fits
On budget alone, Lakes of Delray is the lower entry point (median $176K vs $296K). Sellers get a faster sale in Lakes of Delray (83 days on market on average); buyers get more negotiating room where homes sit longer.
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is Rainberry Bay more expensive than Lakes of Delray?
Yes, on recent sales: the median sale price in Rainberry Bay is $296,000 versus $176,000 in Lakes of Delray, about 68% higher.
What high schools serve Lakes of Delray and Rainberry Bay?
Listings in Lakes of Delray most often report Spanish River; listings in Rainberry Bay report Atlantic. Zoning is set by the district and can change - verify by address.
Go deeper on each: Lakes of Delray homes, photos & schools · Rainberry Bay homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.