Walmart buys land in Palm Bay's planned Emerald Lakes development
County deed records show a sale of about $10.08 million; a site plan for a Walmart with a gas station is under city review.
How Brevard County’s housing market is doing right now: prices, inventory, speed and mortgage rates, with every number sourced.
Data from Realtor.com, Zillow, the Space Coast Association of REALTORS® and Freddie Mac. Brevard County and the Palm Bay–Melbourne–Titusville metro area are the same place. Chips compare with the same month a year earlier.
We score each indicator from 0 (strong buyer’s market) to 100 (strong seller’s market) on a straight line between two fixed yardsticks, then average them. Every indicator counts the same. The yardsticks are The Space Coast Wire’s own, picked to cover normal swings in Brevard; they are not an industry standard. An indicator with no recent data is left out, and the gauge only shows with at least 4 of them.
| Indicator | Latest | As of | Points |
|---|---|---|---|
| Home values, 1-year changeRising values mean sellers have the upper hand. Source: Zillow ZHVI. | −0.5% | Sep 2026 | |
| Months' supply (single-family)Under about 4 months favors sellers; over 6 favors buyers. Source: Space Coast REALTORS®. | 3.5 mo | Sep 2026 | |
| Active listings, 1-year changeShrinking inventory tightens the market. Source: Realtor.com. | −14.9% | Sep 2026 | |
| Median days on marketHomes that sell faster point to strong demand. Source: Realtor.com. | 68 days | Sep 2026 | |
| Listings with a price cutMore price cuts mean sellers are chasing buyers. Source: Realtor.com. | 24.2% | Sep 2026 | |
| Pending-to-active ratioMore homes under contract per listing means more demand. Source: Realtor.com. | 0.36 | Sep 2026 | |
| Sale-to-list price ratioCloser to (or above) asking price means less room to negotiate. Source: Zillow. | 96.9% | Aug 2026 | |
| Average | 53 / 100 |
Bands: 0–20 Cold, 20–40 Cool, 40–60 Balanced, 60–80 Warm, 80–100 Hot.
Same formula applied to each month’s data. Months’ supply is only included for months we have typed in from the REALTORS® report.
The Zillow forecast is Zillow’s own projection, not a Space Coast Wire prediction.
Median list price (Realtor.com) and typical home value (Zillow)
Active and new listings each month (Realtor.com)
Median days on market (Realtor.com)
Weekly national average, 30-year and 15-year fixed (Freddie Mac)
Typical home value and asking rent for each of our town hubs, from Zillow. Values as of Sep 2026; rents as of Sep 2026.
Zillow doesn’t publish a separate home value index for Viera.
Town hub →Zillow city figures cover each city’s own area (Merritt Island is a census-designated place). Town hubs also cover nearby smaller towns, but these numbers don’t.
County deed records show a sale of about $10.08 million; a site plan for a Walmart with a gas station is under city review.
Browse every Brevard listing on these official search sites. We link out instead of copying listings, because MLS listings can only be shown on a news site through a licensed broker’s IDX agreement.
Taxes, flood, insurance, HOA and permit basics from official sources. Last reviewed Oct 25, 2026.
If you own your Brevard home and it is your permanent residence on January 1, you can get a homestead exemption. File with the Brevard County Property Appraiser by March 1 of the year you want it; it renews automatically while ownership and residence stay the same.
Source: Brevard County Property Appraiser: Exemptions · BCPAO online homestead filing · Volusia County Property Appraiser: 2026 exemption amounts
Once a home has the homestead exemption, its assessed value can rise no more than 3% a year or the change in the Consumer Price Index, whichever is lower. The cap limits assessed value, not your tax bill, and it resets when the home sells.
Source: BCPAO: Assessment caps · BCPAO: Save Our Homes
Florida voters decide Amendment 3 on November 3, 2026. It needs 60% to pass. If approved, the homestead exemption for non-school taxes would rise to $150,000 in 2027 and $250,000 in 2028, with inflation adjustments after that, and the cap on non-homestead assessment increases would drop from 10% to 5%. It would take effect January 1, 2027.
Source: Florida Division of Elections: Amendment 3 · 2026 amendment booklet (Florida Dept. of State)
The Brevard County Tax Collector mails property tax bills on or about November 1. Paying early earns a discount: 4% in the first 30 days, then 3% in December, 2% in January and 1% in February. The full amount is due by March 31, and unpaid taxes become delinquent April 1.
Source: Brevard County Tax Collector: Important dates and discounts
Look up any address on FEMA's Flood Map Service Center to see its flood zone and print an official map (FIRMette). Brevard County's Floodplain Administration keeps the county's FEMA flood maps and can help with flood zone and elevation questions.
Source: FEMA Flood Map Service Center · Brevard County Floodplain Administration
Citizens Property Insurance policies that include wind coverage must also carry flood insurance under a phase-in set by state law. Homes in a FEMA high-risk flood zone already need it. Outside those zones, homes with a dwelling value of $400,000 or more need it now, and starting January 1, 2027 every Citizens personal residential policy with wind coverage needs it.
Source: Citizens Property Insurance: Flood requirements · FloodSmart (National Flood Insurance Program)
Florida law requires sellers of residential property to give buyers a flood disclosure at or before signing the contract. It covers flood insurance claims and federal flood-damage help, and since October 1, 2025 it also covers flooding the seller knows damaged the home and flood-damage help from any source.
Source: Florida Statutes 689.302 · Florida Realtors: Flood disclosures expand
Florida homeowners' associations are governed by Chapter 720 of state law, and buyers in an HOA community must get the association's disclosure summary before signing the sales contract. Condo buildings three or more habitable stories tall must have milestone structural inspections and structural integrity reserve studies (SIRS) under state law.
Source: Florida Statutes 720.401 (HOA disclosure summary) · Florida DBPR: Condo inspections and SIRS
In unincorporated Brevard, including Merritt Island and Viera, building permits come from Brevard County's Building Code office, and anyone can search permit records online. Melbourne, Palm Bay, Titusville, Cocoa, Cocoa Beach and the other cities run their own building departments.
Source: Brevard County Permit Assist portal · Brevard County: Types of permits
The Brevard County Property Appraiser's free property search shows a parcel's owner of record, assessed and market values, exemptions and recent sales.
Source: BCPAO property search
General information, not legal, tax or insurance advice. Check with the office linked on each card for your own property.
Data is checked for updates every 6 hours; last rebuilt Oct 25, 1:21 AM ET. Sources revise past months from time to time. Mortgage rates are national averages. Zillow data © Zillow, used with attribution under Zillow’s research data terms; Realtor.com data from the Realtor.com Economic Research team. This page is for general information and is not financial advice.