Sebastian-Vero Beach-West Vero Corridor, FL housing market
Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$363,706−0.9% YoY · prices are falling
Market right nowBalanced marketFewer homes for sale than last year, 15% have cut their price
Income needed to buy, per year$78,844About 1.0× the local median income ($81,530): affordable for a typical household
Days on market74 daysFaster than a year ago: sellers have the edge
Next 12 months−0.5%Zillow expects prices to stay about flat
The typical home in Sebastian-Vero Beach-West Vero Corridor, FL is worth $363,706, down 0.9% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $361,558, so the area is 0.6% overvalued. It is a balanced market: homes take about 74 days to sell, listings are down 16% from a year ago, 15% of listings have had a price cut. Zillow expects prices to fall about 0.5% over the next year. A household needs about $78,844 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 $81,530. Typical rent is $2,128 a month, or $2,293 for a house. In the latest IRS figures, 1,968 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
$363,706
Change in 1 year
−0.9%
Overvalued %
+0.6%
Show 7 more
Fair home value
$361,558
Change in 5 years
+16.3%
Zillow forecast, next 12 months
−0.5%
Home value to income
4.5×
Monthly mortgage payment (20% down)
$1,971
Income needed to afford it
$78,844
Property tax rate
0.69%
Rent and investing
Typical rent
$2,128
Typical rent for houses
$2,293
Price-to-rent ratio
14.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,542
Gross rental yield
7.02%
Cap rate (estimate)
4.56%
Market activity
Listings vs a year ago
−15.6%
Days on market
74
Listings with a price cut
15.3%
Show 3 more
Homes for sale
1,374
Pending sales per 100 listings
28
Asking price per sq ft
$243
People and jobs
Median household income
$81,530
Population change (1 year)
+0.7%
Unemployment rate
4.5%
Show 4 more
Population
172,799
Income adjusted for cost of living
$82,940
Net moves in (IRS)
+1,968
Cost of living (US = 100)
98.3
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
95.6
Unhealthy air days a year
0
Show 4 more
Flood risk score
85.9
Wildfire risk score
88.2
Walkability (1 to 20)
7.2
Road, rail and air noise
53 dB
Questions people ask
Is Sebastian-Vero Beach-West Vero Corridor, FL overvalued?
Home prices in Sebastian-Vero Beach-West Vero Corridor, FL are slightly above what local incomes have historically supported: fair value is about $361,558, so the area is 0.6% overvalued.
Is Sebastian-Vero Beach-West Vero Corridor, FL a buyer's or seller's market?
Sebastian-Vero Beach-West Vero Corridor, FL is a balanced market: homes take about 74 days to sell, listings are down 16% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Sebastian-Vero Beach-West Vero Corridor, FL?
Home values in Sebastian-Vero Beach-West Vero Corridor, FL are down 0.9% over the last year. Zillow's forecast for the next 12 months is −0.5%.
How much do you need to earn to buy a home in Sebastian-Vero Beach-West Vero Corridor, FL?
A household needs about $78,844 a year to afford the typical home in Sebastian-Vero Beach-West Vero Corridor, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $81,530.