The housing market in Vero Beach, FL (32963) is booming, with the median value currently standing at $993,400. This is significantly higher than the US national median of $338,100 and demonstrates strong house appreciation over the past year of 20.52%, compared to 8.27% nationally. Clearly there is a strong demand for housing in this area, making it an attractive investment opportunity for those looking to enter the market.
The median home cost in Vero Beach (zip 32963) is $993,400. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Vero Beach (zip 32963) is up 26.8%.
Average Age of Homes
- The median age of Vero Beach (zip 32963) real estate is 31 years old
The Rental Market in Vero Beach (zip 32963)
- Renters make up 5.2% of the Vero Beach (zip 32963) population
- 2.0% of houses and apartments in Vero Beach (zip 32963), 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.