How much is a home worth in ZIP code 32922?

The typical home in 32922 is worth $202,173, based on the Zillow Home Value Index.

Are home values rising in 32922?

Home values in 32922 are down 2.6% over the past year, and up 5.8% a year over five years.

What is the typical rent in 32922?

A typical home in 32922 rents for about $1,414 a month, a gross rental yield of 8.4%.

What is the property tax rate in 32922?

The effective property tax rate in 32922 is 0.6% — roughly $1,265 a year on a typical home.

ZIP code 32922 has a population of 14,700 and a median household income of $44,469.

HousingHandbookReference data

…

U.S. ZIP Code · FL32922

Brevard County · Palm Bay-Melbourne-Titusville, FL

Typical home value

$202,173^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.6%
5-year / yr: +5.8%
10-year / yr: +13.0%

Relative price

vs U.S.: -28.8%
vs metro: -42.5%
vs state: -41.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 32922 is worth $202,173 — 42.5% below the Palm Bay-Melbourne-Titusville, FL median. Over the past year, values have fallen 2.6%. Homes here rent for a typical $1,414 a month — a 8.4% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,414^[2]
Gross yield: 8.4%^[2]
Cap rate: 5.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.6%^[3]
Typical annual tax: $1,265^[3]

#Climate risk

FEMA National Risk Index ratings for Brevard County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Moderate
Wildfire: Relatively Moderate
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very High
Tornado: Relatively High
Earthquake: Very Low
Winter weather: No Rating

#Who lives here

Population: 14,700^[3]
Median household income: $44,469^[3]

#Migration

Household moves in and out of Brevard County over a year, from IRS tax-return data.

Net migration: +5,016^[5]
Moved in: 20,374
Moved out: 15,358

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 4
Elementary: 3
Middle: 0
High: 0

ENDEAVOUR ELEMENTARY SCHOOL
Elementary · Grades PK–6 · BREVARD
714 students
CAMBRIDGE ELEMENTARY MAGNET SCHOOL
Elementary · Grades PK–6 · BREVARD
505 students
EMMA JEWEL CHARTER ACADEMY
Elementary · Grades K–8 · BREVARD
364 students
BREVARD VIRTUAL FRANCHISE
Other · Grades K–12 · BREVARD
226 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield8.4%

Net yield (after ~40% expenses)5.0%

Annual rent$16,965

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,022

Loan principal$161,739

Down payment$40,435

Total interest paid$206,289

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.92

Monthly cost to own$1,297

Monthly rent$1,414

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 84th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 12th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

6th for best 10-year appreciation in FLView list →

Frequently asked

How much is a home worth in ZIP code 32922?: The typical home in 32922 is worth $202,173, based on the Zillow Home Value Index.
Are home values rising in 32922?: Home values in 32922 are down 2.6% over the past year, and up 5.8% a year over five years.
What is the typical rent in 32922?: A typical home in 32922 rents for about $1,414 a month, a gross rental yield of 8.4%.
What is the property tax rate in 32922?: The effective property tax rate in 32922 is 0.6% — roughly $1,265 a year on a typical home.
Who lives in 32922?: ZIP code 32922 has a population of 14,700 and a median household income of $44,469.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

32976 vs 32922 →
Micco CDP, FL
Typical home
$231,014
Gross yield
—
32905 vs 32922 →
Palm Bay, FL
Typical home
$236,276
Gross yield
8.0%
32935
Melbourne, FL
Typical home
$270,319
Gross yield
7.1%
32901
Melbourne, FL
Typical home
$270,717
Gross yield
7.7%
32796
Titusville, FL
Typical home
$272,312
Gross yield
7.5%
32780
Titusville, FL
Typical home
$274,130
Gross yield
7.0%

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Pit ZIP 32922 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL32922

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