Zip 32904 (West Melbourne, FL) Housing

The housing market in 32904 West Melbourne, FL is booming with a median value of $389,100 which is significantly higher than the US house median value of $338,100. The 1 year appreciation rate for the US housing market is 8.27%, however, the 1 year appreciation rate for 32904 West Melbourne, FL is an impressive 20.52%. This indicates that this area has seen significant growth in its housing market and offers a great opportunity to potential buyers and investors.

The median home cost in West Melbourne (zip 32904) is $389,100. Home appreciation the last 10 years has been 211.6%. Home Appreciation in West Melbourne (zip 32904) is up 26.8%.

Average Age of Homes

- The median age of West Melbourne (zip 32904) real estate is 27 years old

The Rental Market in West Melbourne (zip 32904)

- Renters make up 20.1% of the West Melbourne (zip 32904) population
- 1.4% of houses and apartments in West Melbourne (zip 32904), 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	West Melbourne, Florida	United States
	14,793.0	139,647,020.0
	23	42
	$389,100	$338,100
	26.8%	16.6%
	85.7%	57.0%
	211.6%	101.1%
	$7.67	$10.98
	$1,957	$2,690
	74.5%	57.4%
	9.1%	11.2%
	16.4%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	1.6%	0.7%
	0.4%	0.4%
	4.4%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	2.9%	2.4%
	3.3%	2.8%
	2.0%	3.9%
	2.7%	4.5%
	6.0%	11.3%
	9.7%	13.0%
	38.5%	20.1%
	19.9%	13.6%
	9.3%	8.3%
	2.5%	9.7%
	0.6%	3.9%
	0.2%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	30.9%	13.6%
	30.9%	13.6%
	11.8%	13.6%
	18.0%	13.2%
	11.7%	14.8%
	11.8%	13.6%
	3.5%	10.0%
	0.2%	4.7%
	0.5%	12.2%

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