Melbourne Beach 32951

Palm Bay-Melbourne-Titusville, FL · Brevard County, FL · 7,410 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

31affordability /100

Buyer leverage is buyer advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
42.1%
severe
Days on market
95
daily
Price cuts
26.0%
of active
Valuation
-30.7%
vs assessor
Look up an address
31
/100
weak
cooling · buyer advantage · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

70/ 100SellerBalancedBuyer
Negotiate Hard
Needs 28.7% correction for affordability
DOM: 114d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)40
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)50
Days on Market (5%)100

Moderate buyer leverage in 32951. Room to negotiate 5-10% below list. Payment burden: 42.2% of median income. A 17% price correction needed to reach 30% affordability threshold. Median days on market: 114. Renting is approximately 32% cheaper than buying (price-to-rent ratio: 15.9).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
COOLINGBUYER ADVANTAGE

Market is cooling with expanding inventory. Buyers have strong negotiating leverage. Prices down 1.8% YoY.

Address lookup$99 report path

Look Up an Address in 32951

Just type the street — we'll auto-scope the search to ZIP 32951.

Actions
Export, share, or compare this ZIP
Compare
Get alerts when this market changes

Market snapshoteach number, once

Median price
$617,786
▾ 1.8% YoY
Days on market
95
daily · zip_data
Median rent
$3,233
ZORI
Investor score
61/100
cash-flow lens
Active listings
131
90-day

Valuation3 lenses, different anchors

vs assessor
-30.7%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$427,900
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+67.8%
County-wide market — the widest, slowest signal.
Brevard+67.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$245
Price-to-income7.0×

Unlock Vacancy Data

Available with Lotvox Pro — $29/mo.

Start free trial
How 32951 ranks in FL
percentile vs all FL ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

17SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply30.2 mo
Days on Market95d
Inv vs History-20.8%
Listing Density22.8/1k
Market dynamics
Price cut %26.0%
Momentumcooling
LeverageBUYER ADVANTAGE
Months of supply30.2
Sales (90d)0
Investment analysis
Median rent$3,233
Price-to-rent15.9
Est. cap rate4.1%
Buy vs rentneutral

Livability

Walk score11
Transit score
Bike score

Unlock Historical Trends

Available with Lotvox Pro — $29/mo.

Start free trial

Brevard County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

Unlock County Economic Data

Available with Lotvox Pro — $29/mo.

Start free trial

Nearby ZIP codes