Zip 32935 (Melbourne, FL) Housing

The housing market in 32935 Melbourne, FL is healthy and growing. The median value of homes in the area is $270,700, which is significantly lower than the US median home value of $338,100. Despite this difference in value, the area has seen an impressive one-year appreciation rate of 20.52%, more than double the national rate of 8.27%. This indicates a strong demand for housing in Melbourne and suggests that now is an ideal time to invest or purchase a home in the area.

The median home cost in Melbourne (zip 32935) is $270,700. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Melbourne (zip 32935) is up 26.8%.

Average Age of Homes

- The median age of Melbourne (zip 32935) real estate is 38 years old

The Rental Market in Melbourne (zip 32935)

- Renters make up 29.0% of the Melbourne (zip 32935) population
- 2.3% of houses and apartments in Melbourne (zip 32935), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Melbourne, Florida	United States
	19,619.0	139,647,020.0
	41	42
	$270,700	$338,100
	26.8%	16.6%
	85.7%	57.0%
	211.6%	101.1%
	$7.14	$10.98
	$1,303	$2,690
	52.9%	57.4%
	12.1%	11.2%
	35.0%	31.4%
Vacant Housing
	2.3%	1.9%
	1.3%	0.4%
	0.4%	0.7%
	0.2%	0.4%
	2.9%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	1.2%	2.4%
	2.0%	2.8%
	4.5%	3.9%
	4.0%	4.5%
	17.9%	11.3%
	27.8%	13.0%
	27.5%	20.1%
	7.8%	13.6%
	0.9%	8.3%
	2.4%	9.7%
	1.3%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.4%	13.6%
	5.4%	13.6%
	16.0%	13.6%
	26.7%	13.2%
	16.2%	14.8%
	16.0%	13.6%
	10.4%	10.0%
	1.1%	4.7%
	0.8%	12.2%

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