Financing a home in Delray Beach: which loans actually close
327 single-family purchases and 284 condo or townhome purchases in Delray Beach closed with a mortgage, January 1 - September 2, 2026 - including 16 FHA and 6 VA loans on houses, and 14 FHA and 8 VA loans on condos and townhomes.
If you are buying with a loan, the question that decides your search is not the interest rate - it is whether sellers and buildings in this market accept your loan type at all. Condo boards, warrantability and cash competition all narrow the field before you make an offer, and the counts below show where each loan type is actually closing rather than where it is theoretically eligible.
Single-family homes — 817 closings, January 1 - September 2, 2026
57% of single-family homes in Delray Beach were bought with cash, no mortgage involved — 466 of 817 closings. Over the same period 2025 it was 53.5%.
| How the buyer paid | Closings | Share |
|---|---|---|
| Cash, no mortgage | 466 | 57% |
| Conventional loan | 305 | 37.3% |
| FHA loan | 16 | 2% |
| VA loan | 6 | 0.7% |
| Other financing | 16 | 2% |
| Not reported by the closing agent | 8 | 1% |
Median closing price over the same period: $889,900. Median time on market, counted across relistings: 43 days.
Condos and townhomes — 1,142 closings, January 1 - September 2, 2026
72.8% of condos and townhomes in Delray Beach were bought with cash, no mortgage involved — 831 of 1,142 closings. Over the same period 2025 it was 69%.
| How the buyer paid | Closings | Share |
|---|---|---|
| Cash, no mortgage | 831 | 72.8% |
| Conventional loan | 262 | 22.9% |
| FHA loan | 14 | 1.2% |
| VA loan | 8 | 0.7% |
| Other financing | 12 | 1.1% |
| Not reported by the closing agent | 15 | 1.3% |
Median closing price over the same period: $220,000. Median time on market, counted across relistings: 66 days.
Closed residential sales of listings permitted for internet display. Not a market census: sellers who opt out of internet display are excluded and the feed cannot report how many did.
Questions people actually ask
Can you buy in Delray Beach with an FHA loan?
Yes, and here is how often it happens: 16 single-family and 14 condo or townhome purchases closed with FHA financing, January 1 - September 2, 2026. Figures cover closed sales of listings permitted for internet display.
How much competition comes from cash buyers in Delray Beach?
57% of house sales and 72.8% of condo and townhome sales were cash, no mortgage. That is who a financed offer competes against, which is why terms and certainty matter as much as price.
Is it harder to finance a condo than a house here?
The counts point that way: 72.8% of condo and townhome sales were cash against 57% for houses, and only 14 condo purchases closed with FHA financing. Building-level approval, not the buyer, is usually the constraint.
What did financed buyers actually pay?
Median closing prices over the same period were $889,900 for single-family homes and $220,000 for condos and townhomes, across all payment types.
Before you make an offer with a loan
Knowing which buildings and sellers take your financing is the difference between an accepted offer and four rejections. Tell us what you are looking for and Gia Freer, our Broker of Record, will tell you where your loan competes in Delray Beach right now.
Selling instead of buying? Start with what your Delray Beach home is worth — Gia reviews every figure by hand.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated 2026-09-02.