Financing a home in Delray Beach: which loans actually close
380 single-family purchases and 321 condo or townhome purchases in Delray Beach closed with a mortgage, January 1 - October 18, 2026 - including 18 FHA and 8 VA loans on houses, and 16 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.
Key takeaways
- Yes, and here is how often it happens: 18 single-family and 16 condo or townhome purchases closed with FHA financing, January 1 - October 18, 2026.
- 56.9% of house sales and 72.9% of condo and townhome sales were cash, no mortgage.
- The counts point that way: 72.9% of condo and townhome sales were cash against 56.9% for houses, and only 16 condo purchases closed with FHA financing.
- Median closing prices over the same period were $863,750 for single-family homes and $210,000 for condos and townhomes, across all payment types.
Send me the numbers for my property Hand-checked by Gia Freer, Broker of Record. Reply within one business day.
Single-family homes — 956 closings, January 1 - October 18, 2026
56.9% of single-family homes in Delray Beach were bought with cash, no mortgage involved — 544 of 956 closings. Over the same period 2025 it was 54.8%.
| How the buyer paid | Closings | Share |
|---|---|---|
| Cash, no mortgage | 544 | 56.9% |
| Conventional loan | 354 | 37% |
| FHA loan | 18 | 1.9% |
| VA loan | 8 | 0.8% |
| Other financing | 19 | 2% |
| Not reported by the closing agent | 13 | 1.4% |
Median closing price over the same period: $863,750. Median time on market, counted across relistings: 41 days.
Condos and townhomes — 1,286 closings, January 1 - October 18, 2026
72.9% of condos and townhomes in Delray Beach were bought with cash, no mortgage involved — 937 of 1,286 closings. Over the same period 2025 it was 68.5%.
| How the buyer paid | Closings | Share |
|---|---|---|
| Cash, no mortgage | 937 | 72.9% |
| Conventional loan | 297 | 23.1% |
| FHA loan | 16 | 1.2% |
| VA loan | 8 | 0.6% |
| Other financing | 14 | 1.1% |
| Not reported by the closing agent | 14 | 1.1% |
Median closing price over the same period: $210,000. 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: 18 single-family and 16 condo or townhome purchases closed with FHA financing, January 1 - October 18, 2026. Figures cover closed sales of listings permitted for internet display.
How much competition comes from cash buyers in Delray Beach?
56.9% of house sales and 72.9% 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: 72.9% of condo and townhome sales were cash against 56.9% for houses, and only 16 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 $863,750 for single-family homes and $210,000 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 Delray Beach home values: price my home correctly — Gia reviews every figure by hand. Then read Sell my house in Delray Beach: what mispricing costs.
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 2026-10-18.