HousingHandbookReference data

U.S. ZIP Code · FL32950

Brevard County · Palm Bay-Melbourne-Titusville, FL

Typical home value

$550,642[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.1%
5-year / yr
+6.7%
10-year / yr
+8.0%

Relative price

vs U.S.
+93.8%
vs metro
+56.7%
vs state
+58.8%
ZIP 32950 location in FL
Location of ZIP 32950 in FL

Price history

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

The typical home in 32950 is worth $550,642 — 56.7% above the Palm Bay-Melbourne-Titusville, FL median. Over the past year, values have risen 0.1%. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$3,640[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
4,132[3]
Median household income
$115,781[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

Run the numbers

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

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$2,784
Loan principal$440,514
Down payment$110,128
Total interest paid$561,851

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.

Own : rent ratio
Monthly cost to own$3,546
Monthly rent

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
100th percentile[1]
Rental yield
[2]
Property tax
40th percentile[3]

Frequently asked

How much is a home worth in ZIP code 32950?
The typical home in 32950 is worth $550,642, based on the Zillow Home Value Index.
Are home values rising in 32950?
Home values in 32950 are up 0.1% over the past year, and up 6.7% a year over five years.
What is the property tax rate in 32950?
The effective property tax rate in 32950 is 0.7% — roughly $3,640 a year on a typical home.
Who lives in 32950?
ZIP code 32950 has a population of 4,132 and a median household income of $115,781.

#Comparable ZIPs

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

  • Indialantic, FL

    Typical home
    $560,493
    Gross yield
    5.8%
  • Grant-Valkaria, FL

    Typical home
    $517,942
    Gross yield
  • Satellite Beach, FL

    Typical home
    $501,128
    Gross yield
    6.4%
  • Melbourne, FL

    Typical home
    $493,435
    Gross yield
    4.4%
  • Viera West CDP, FL

    Typical home
    $484,705
    Gross yield
    5.4%
  • Melbourne Beach, FL

    Typical home
    $624,998
    Gross yield
    6.1%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 32950 against any other ZIP — full side-by-side table.

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