Is Brevard County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Brevard County has remained a Seller's Market.
Housing Prices in Brevard County, FL
How much do homes in Brevard County, FL cost?
Median Sold Price
$353,855
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brevard County was $353,855 in April 2024, up 1.1% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $169.9K | $175K | +3.0% |
2 Bedrooms | $249.9K | $256K | +2.4% |
3 Bedrooms | $338.3K | $340K | 0.5% |
4 Bedrooms | $393.5K | $400.1K | +1.7% |
5+ Bedrooms | $564.8K | $625K | +10.6% |
Summary: Brevard County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Counties
Indian River County | $354.3K | $378.4K | +6.8% |
Orange County | $394.7K | $415K | +5.1% |
Volusia County | $335K | $347.6K | +3.8% |
Brevard County | $350K | $353.8K | +1.1% |
Osceola County | $388.4K | $391.9K | +0.9% |
Housing Supply in Brevard County, FL
How many homes are available in Brevard County, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5,654 | 6,048 | +7.0% |
Summary: The Brevard County real estate market had 6,048 homes for sale in April 2024, a 7.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 133 | 142 | +6.8% |
2 Bedrooms | 905 | 956 | +5.6% |
3 Bedrooms | 2,595 | 2,762 | +6.4% |
4 Bedrooms | 1,741 | 1,866 | +7.2% |
5+ Bedrooms | 280 | 322 | +15.0% |
Summary: The Brevard County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,069 | 1,078 | +0.8% |
Asking Price vs. Sold Price
677 Homes Were Sold
Under Asking
299 Homes Were Sold
At Asking
102 Homes Were Sold
Over Asking
Summary: A total of 1,078 homes were sold or pending in Brevard County in April 2024, up by 0.8% month-over-month. Of the 1,078 sold homes, 63% were sold under asking, 28% were sold at asking, and 9% were sold over asking.
Days on Market for Brevard County, FL
How long does it take to sell a home in Brevard County, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 54 Days | +15.4% |
Summary: Homes in Brevard County had an average of 54 days on market in Apr 2024, up by 15.4% compared to last year.
Breakdown of Home Sale Times
546 Homes Were Sold
Under 30 Days
311 Homes Were Sold
In 30 - 90 Days
221 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1078 homes were sold in Brevard County; 51% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.