Spanish Village
Homes for Sale in Boca Raton, FL

Spanish Village market snapshot (as of September 20, 2026): the median sale price is about $915K ($518 per sq ft over the trailing 12 months of closed sales), a median 10 days on market for closed sales, and 5.1 months of supply, a balanced market. The trailing-12-month median is up 24% from the prior 12 months and up 475% since 2012, computed from record-level Beaches MLS closed sales (7 closings in the current window).

In ZIP 33431 (Boca Raton), 435 homes closed in the last 12 months at a median of $750K ($430/sq ft), up 7.1% year over year, with a median 46 days on market. Right now 84 active and 32 pending listings put supply at about 2.3 months — a healthy market. See the live ZIP 33431 housing market and the Palm Beach County market.

County records show 70 qualified sales in Spanish Village across 2024–2025 (37 in 2024, 33 in 2025), median $820,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Spanish Village is a community of 1,105 homes in Boca Raton, Palm Beach County, built between 1901 and 2025 (median 1968.0), with a median living area of about 1,790 square feet. 70% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Spanish Village is a low-inventory Boca Raton neighborhood where median time on market runs eleven-and-a-half days and condition drives every dollar of the $932,350 median price.

• Boca Raton · Elementary
• Boca Raton Community · Middle
• Boca Raton · High

Zoned schools reflect the assignments reported on recent Spanish Village listings and can change; always confirm with Palm Beach County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Spanish Village address.

The market-heat score of 72 reflects tight supply and fast absorption, but eight closings in the analysis window means one or two transactions can swing the median significantly. The $533.56 median price per square foot is high for Palm Beach County and suggests buyers are paying for finished product—renovated kitchens, updated baths, newer systems—not project homes. Spanish Village does not trade on amenities; no community pool, no clubhouse, no gates show up in current listings. Location and home quality are the entire value proposition.

The 26.9% year-over-year increase looks dramatic, but context matters: the 591% gain since 2012 means the big run happened years ago, and recent appreciation is more recovery than breakout. Buyers should underwrite to replacement cost and comp every finish carefully; sellers should recognize that days-on-market favor them only if the home is move-in ready. Anything requiring capital will sit longer and draw lower offers, no matter the address.

Spanish Village rewards preparation and punishes guesswork. Our agents know which streets command the median, which updates return dollar-for-dollar, and when to walk away from a home that looks right but prices wrong. We will run the comps, flag the deferred maintenance, and tell you honestly whether a property justifies the ask or whether you should wait for the next one. In a market this fast and this expensive, you need a broker who understands condition-driven pricing and will not let you overpay for someone else's project.