Melbourne, FL 32902 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Melbourne, FL — 32902
Median Listing Price
--
Population
--
Households
257,695
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
299K
units
Occupied
257,695
86.1%
Vacant
41,610
13.9%
2024 Tenure
258K
occupied
Owner
197,609
76.7%
Renter
60,086
23.3%
Renter Share
23.3%
+1.0% YoY
Total Housing Units
299,305
+1.6% YoY
FY2026 Fair Market Rent — Brevard County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,266
/month
1 BR
$1,478
/month
2 BR
$1,709
/month
3 BR
$2,330
/month
4 BR
$2,645
/month
FMR Trends — Brevard County
Source: HUD Fair Market Rents
County Demographics
Median Age
46.7
2024
Population
Brevard County Population
658,447
+1.8% YoY
Households
Total Households
257,695
+2.3% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.42
-0.4% YoY
Age
2024 Age Mix
633K
residents
Under 18
114,255
18.1%
Adults 18–64
363,495
57.4%
65 & Over
155,030
24.5%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
114,255
+1.3% YoY
Population 65 & Over
155,030
+3.2% YoY
Median Age
46.70
-0.2% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
87.3%
Moved (within US)
12.1%
Other
0.6%
Veterans
12.6%
-6.0% YoY
County Economy
Income
Median Household Income
$78K
+3.5% YoY
Per-Capita Income
$44K
+3.2% YoY
Mean Household Income
$105K
+3.4% YoY
Poverty
Below Poverty Level
10.2%
+3.0% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
74.6%
Public transit
0.5%
Worked from home
14.6%
Other
10.3%
Worked From Home
14.6%
+10.6% YoY
Mean Commute
25.40
0.0% YoY
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