Brevard County, Florida Housing Market

In Brevard County, Florida, the median home value is $339,600, with a median monthly rent of $1,556. This places Brevard County at #459 nationally out of 3134 counties by median home value, and #23 within Florida.

Median Home Value $339,600
Median Rent $1,556/mo
Owner Occupancy 76.7%
Price/Rent Ratio 18.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Brevard County fell -0.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

214,525
jobs (private sector)
  • Avg weekly wage: $1,362
  • Establishments: 18,591
  • BLS QCEW, 2025
🏗️

Housing Supply

4,624
new units authorized (2025)
  • Single-family: 3,376
  • Multi-family: 1,248
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+18012
net migration (filers, 2021-2022)
  • Inflow: 274,573 (avg $85,064)
  • Outflow: 256,561 (avg $84,437)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Brevard County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 32949 450.8 +29.81% 2025
2 32934 328.9 +9.14% 2025
3 32976 450.5 +1.74% 2025
4 32931 450.9 +0.93% 2025
5 32922 385.2 -2.25% 2025
6 32935 369.7 -7.43% 2025
7 32920 418.6 -2.16% 2025
8 32904 374.7 +0.93% 2025
9 32903 419.7 -4.81% 2025
10 32926 364.4 +1.94% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

📝 Editor's Insight

None

Analyzed on 2026-10-12 using U.S. Census ACS 2024 data and AI reasoning.

How Brevard County Compares

MetricBrevard CountyFlorida AverageU.S. Average
Median Home Value $339,600 $284,325 $227,706
Median Gross Rent $1,556 $1,303 $968
Owner Occupancy Rate 76.7% 74.6% 73.3%
Price/Rent Ratio 18.2 17.6 18.7

Market Analysis

The median home value in Brevard County is 19.4% above the Florida state average and 49.1% above the U.S. national average. The median rent of $1,556/month is 19.4% above the state average.

With a price-to-rent ratio of 18.2, the buy-vs-rent decision in Brevard County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Brevard County has an owner-occupancy rate of 76.7%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Tehama County California $339,600 $1,184
Walton County Georgia $339,500 $1,175
Grand Traverse County Michigan $339,400 $1,288
Cheatham County Tennessee $338,700 $1,345
Morgan County Colorado $338,600 $1,025

Other Counties in Florida

CountyMedian Home ValueMedian RentOwner Occ.
St. Lucie County $347,300 $1,585 78.6%
Santa Rosa County $329,800 $1,544 80.6%
Charlotte County $328,900 $1,464 83.8%
Okaloosa County $351,200 $1,612 68.4%
Indian River County $351,500 $1,357 80.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).