Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$342,346−0.5% YoY · prices are flat
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 23% have cut their price
Income needed to buy, per year$74,213About 0.9× the local median income ($78,154): affordable for a typical household
Days on market69 daysFaster than a year ago: sellers have the edge
Next 12 months−0.7%Zillow expects prices to dip slightly
The typical home in Brevard County, FL is worth $342,346, down 0.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $315,067, so the area is 8.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 69 days to sell, listings are down 12% from a year ago, 23% of listings have had a price cut. Zillow expects prices to fall about 0.7% over the next year. A household needs about $74,213 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,154. Typical rent is $1,887 a month, or $2,232 for a house. In the latest IRS figures, 10,298 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$342,346
Change in 1 year
−0.5%
Overvalued %
+8.7%
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Fair home value
$315,067
Change in 5 years
+15.7%
Zillow forecast, next 12 months
−0.7%
Home value to income
4.4×
Monthly mortgage payment (20% down)
$1,855
Income needed to afford it
$74,213
Property tax rate
0.68%
Rent and investing
Typical rent
$1,887
Typical rent for houses
$2,232
Price-to-rent ratio
15.1×
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HUD Fair Market Rent, 2 bedrooms
$1,779
Gross rental yield
6.61%
Cap rate (estimate)
4.30%
Market activity
Listings vs a year ago
−12.4%
Days on market
69
Listings with a price cut
22.9%
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Homes for sale
3,584
Pending sales per 100 listings
33
Asking price per sq ft
$221
People and jobs
Median household income
$78,154
Population change (1 year)
+1.2%
Unemployment rate
4.8%
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Population
663,982
Income adjusted for cost of living
$78,154
Net moves in (IRS)
+10,298
Cost of living (US = 100)
100.0
Schools, risk and environment
School rating (1 to 10)
6.5
FEMA hazard risk score (0 to 100)
98.4
Unhealthy air days a year
0
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Flood risk score
95.0
Wildfire risk score
97.2
Walkability (1 to 20)
9.7
Road, rail and air noise
54 dB
Questions people ask
Is Brevard County, FL overvalued?
Home prices in Brevard County, FL are slightly above what local incomes have historically supported: fair value is about $315,067, so the area is 8.7% overvalued.
Is Brevard County, FL a buyer's or seller's market?
Brevard County, FL is a balanced market, leaning toward buyers: homes take about 69 days to sell, listings are down 12% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Brevard County, FL?
Home values in Brevard County, FL are down 0.5% over the last year. Zillow's forecast for the next 12 months is −0.7%.
How much do you need to earn to buy a home in Brevard County, FL?
A household needs about $74,213 a year to afford the typical home in Brevard County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,154.