Housing in Vero Beach, FL is much more expensive than the US median value. The median value of a home in Vero Beach stands at $349,200, while the US median home is valued at $338,100. This difference is further compounded by the fact that housing values in Vero Beach grew 20.52% over the past year compared to 8.27% across the country. This rapid appreciation contributes to the higher cost of living in Vero Beach which may be a factor for those looking to purchase and invest in real estate.
The median home cost in Vero Beach is $349,200. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Vero Beach is up 26.8%.
Average Age of Homes
- The median age of Vero Beach real estate is 42 years old
The Rental Market in Vero Beach
- Renters make up 26.2% of the Vero Beach population
- 4.6% of houses and apartments in Vero Beach, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.