$175,000
2.88 Acres
Land
#1032474, Corey A Jenkins, Listing Office: Jenkins & Jenkins Real Estate
Is Brevard County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Brevard County was a Seller's Market.
Key Takeaway
Brevard County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Brevard County, FL
How much do homes in Brevard County, FL cost?
Median Sold Price
$360,522
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,527(+3.0%)
Key Takeaway
Homes in Brevard County have sold for 3% more than they did a year ago.
Summary: The median home sold price in Brevard County was $360,522 in November 2024, up 3% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171K | $165K | -3.5% |
| 2 Bedrooms | $253.2K | $255.4K | +0.8% |
| 3 Bedrooms | $338.6K | $340.6K | +0.6% |
| 4 Bedrooms | $390K | $407K | +4.4% |
| 5+ Bedrooms | $584.9K | $599.7K | +2.5% |
Summary: Brevard County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Counties
| Orange County | $404K | $427K | +5.7% |
| Indian River County | $370.7K | $390.9K | +5.5% |
| Brevard County | $349.9K | $360.5K | +3.0% |
| Volusia County | $348.5K | $355K | +1.8% |
| Osceola County | $392.9K | $389.9K | -0.7% |
Housing Supply in Brevard County, FL
How many homes are available in Brevard County, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5,657 | 5,952 | +5.2% |
Summary: The Brevard County real estate market had 5,952 homes for sale in November 2024, a 5.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 128 | 142 | +10.9% |
| 2 Bedrooms | 842 | 946 | +12.4% |
| 3 Bedrooms | 2,588 | 2,739 | +5.8% |
| 4 Bedrooms | 1,762 | 1,771 | 0.5% |
| 5+ Bedrooms | 337 | 354 | +5.0% |
Summary: The Brevard County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 855 | 660 | -22.8% |
Asking Price vs. Sold Price
420 Homes Were Sold
Under Asking
201 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brevard County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 660 homes were sold or pending in Brevard County in November 2024, down by 22.8% month-over-month. Of the 660 sold homes, 64% were sold under asking, 30% were sold at asking, and 6% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 68 Days | +46.2% |
Summary: Homes in Brevard County had an average of 68 days on market in Nov 2024, up by 46.2% compared to last year.
Breakdown of Home Sale Times
249 Homes Were Sold
Under 30 Days
221 Homes Were Sold
In 30 - 90 Days
190 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brevard County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 660 homes were sold in Brevard County; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.