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Tropical Park, FL Housing
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United States
/
Florida
/
Palm Bay-Melbourne-Titusville Metro Area
/
Brevard County
/ Tropical Park /
Zip Codes
EXPLORE TROPICAL PARK
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Tropical Park, FL is an attractive area for housing due to its median value being significantly lower than the US median value. In addition, over the last year there has been an incredibly high appreciation rate of 26.80%, which is substantially higher than the US's 8.27% apprecation rate for housing. The combination of a low median value and high appreciation rate have made Tropical Park, FL increasingly attractive for those looking to purchase or invest in property.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Tropical Park, Florida
United States
Number of Homes
967.0
139,647,020.0
Median Home Age
55
42
Median Home Cost
$158,600
$338,100
Home Appr. Last 12 months
26.8%
16.6%
Home Appr. Last 5 yrs.
85.7%
57.0%
Home Appr. Last 10 yrs.
211.6%
101.1%
Property Tax Rate
$9.28
$10.98
Property Taxes Paid
$1,372
$2,690
Homes Owned
30.3%
57.4%
Housing Vacant
16.3%
11.2%
Homes Rented
53.4%
31.4%
Vacant Housing
Vacant For Rent
10.9%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.0%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
0.0%
3.6%
Vacant Other
5.5%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
0.0%
2.6%
$20,000 to $39,999
7.2%
2.4%
$40,000 to $59,999
0.0%
2.8%
$60,000 to $79,999
2.4%
3.9%
$80,000 to $99,999
0.0%
4.5%
$100,000 to $149,999
43.3%
11.3%
$150,000 to $199,999
24.6%
13.0%
$200,000 to $299,999
17.1%
20.1%
$300,000 to $399,999
3.8%
13.6%
$400,000 to $499,999
0.0%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
1.7%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
1.8%
13.6%
2000 to 2009
1.8%
13.6%
1990 to 1999
1.0%
13.6%
1980 to 1989
7.9%
13.2%
1970 to 1979
21.0%
14.8%
1960 to 1969
1.0%
13.6%
1950 to 1959
20.0%
10.0%
1940 to 1949
2.2%
4.7%
1939 or Earlier
0.0%
12.2%
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