Brevard County, FL Home Values & Market Trends

The median home price in Brevard County, FL is $311,719.32. There were 12,788 home sales in Brevard County, FL over the past 12 months. The median residential Brevard County, FL home value for transactions over the previous year is $310,580.903. The number of current listings in Brevard County, FL is 1,780, and the percentage of properties for sale is 1780.00%. The county has 347 foreclosures, 15 bank owned properties, 111 headed for auction, and 1,780 properties for sale.

Brevard County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Melbourne

$ 369,999

$ 227/sqft

Satellite Beach

$ 550,000

$ 344/sqft

Palm Bay

$ 300,034

$ 186/sqft

Cape Canaveral

$ 412,813

$ 296/sqft

Titusville

$ 295,000

$ 189/sqft

Melbourne Beach

$ 629,950

$ 359/sqft

Cocoa

$ 278,132

$ 189/sqft

Indialantic

$ 611,548

$ 363/sqft

Sebastian

$ 399,994

$ 246/sqft

Mims

$ 419,500

$ 206/sqft

Merritt Island

$ 490,000

$ 264/sqft

Malabar

$ 769,900

$ 259/sqft

Rockledge

$ 375,625

$ 226/sqft

Grant

$ --

$ --

Cocoa Beach

$ 534,950

$ 357/sqft

Patrick Afb

$ --

$ --

Housing Market Summary for Brevard County, FL

Mar 2023February 2024Change
Median Listing Price$359.1K$314.2K-12.50%
Median Sold Price$349.3K$314.2K-10.06%
Homes For Sale1,9641,811-7.79%
Homes Sold8,9098,331-6.49%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Brevard County, FL

Brevard County, FL home values range from $15,816 to $27,228,660. Malabar is the priciest city with a median listing home price of $834,400, and Cocoa is most affordable with average house prices of around $275,000.

Foreclosure
There are 16 cities within Brevard County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $473,190 in Cocoa to the lowest value of $38,698 in Cocoa. Foreclosure homes account for 0.00% of properties in Brevard County, FL with Palm Bay containing 114 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in Brevard County, FL with Palm Bay containing 75 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Brevard County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $584,237 in Melbourne Beach to the lowest home value of $95,007 in Cocoa.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Brevard County, FL ranges from the highest value of $264,900 in Sebastian to the lowest value of $90,000 in Cocoa. Bank owned homes and properties account for 0.01% of properties in Brevard County, FL. There are 16 cities within Brevard County, FL; Palm Bay containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Palm Bay has 32 auction properties, the highest number of properties going to auction in a single city in the state of Brevard County, FL. Auction homes and other auction properties account for 0.04% of all properties in Brevard County, FL. There are 16 cities within Brevard County, FL; of those cities, the median estimated home value for homes going to auction ranges from $463,841 in Indialantic to the lowest value of $38,698 in Indialantic.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.70% of residential properties in Brevard County, FL with Melbourne containing 369 homes for sale, the highest number of listed properties in a single city. There are 16 cities within Brevard County, FL; homes for sale in those cities, have a range of median values from $5,700,000 in Melbourne Beach to the lowest value of $40,000 in Cocoa.
    Sold Homes
    The median value for recently sold homes ranges from $2,800,000 in Satellite Beach to the lowest price of $22,133 in Satellite Beach. There are 16 cities within Brevard County, FL. Melbourne has 1693 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.14% of properties in Brevard County, FL.

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      Guide for Brevard County, FL

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