How much is a home worth in ZIP code 32960?

The typical home in 32960 is worth $281,160, based on the Zillow Home Value Index.

Are home values rising in 32960?

Home values in 32960 are down 4.7% over the past year, and up 5.1% a year over five years.

What is the typical rent in 32960?

A typical home in 32960 rents for about $1,982 a month, a gross rental yield of 8.5%.

What is the property tax rate in 32960?

The effective property tax rate in 32960 is 0.6% — roughly $1,595 a year on a typical home.

ZIP code 32960 has a population of 25,259 and a median household income of $54,682.

HousingHandbookReference data

…

U.S. ZIP Code · FL32960

Indian River County · Sebastian-Vero Beach-West Vero Corridor, FL

Typical home value

$281,160^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.7%
5-year / yr: +5.1%
10-year / yr: +7.5%

Relative price

vs U.S.: -1.0%
vs metro: -17.1%
vs state: -18.9%

Price history

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

The typical home in 32960 is worth $281,160 — 17.1% below the Sebastian-Vero Beach-West Vero Corridor, FL median. Over the past year, values have fallen 4.7%. Homes here rent for a typical $1,982 a month — a 8.5% 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: $1,982^[2]
Gross yield: 8.5%^[2]
Cap rate: 5.1%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $1,595^[3]

#Climate risk

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

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

#Who lives here

Population: 25,259^[3]
Median household income: $54,682^[3]

#Migration

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

Net migration: +928^[5]
Moved in: 5,954
Moved out: 5,026

Schools

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

Public schools: 6
Elementary: 3
Middle: 0
High: 2

VERO BEACH HIGH SCHOOL
High · Grades 9–12 · INDIAN RIVER
2,783 students
VERO BEACH ELEMENTARY SCHOOL
Elementary · Grades PK–5 · INDIAN RIVER
610 students
ROSEWOOD MAGNET SCHOOL
Elementary · Grades K–5 · INDIAN RIVER
541 students
IR PREP
High · Grades 5–12 · INDIAN RIVER
56 students
EXCEPTIONAL STUDENT EDUCATION
Elementary · Grades PK–5 · INDIAN RIVER
44 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 yield8.5%

Net yield (after ~40% expenses)5.1%

Annual rent$23,778

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$1,422

Loan principal$224,928

Down payment$56,232

Total interest paid$286,884

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 ratio0.90

Monthly cost to own$1,790

Monthly rent$1,982

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: 14th percentile^[1]
Rental yield: 80th percentile^[2]
Property tax: 14th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 32960?: The typical home in 32960 is worth $281,160, based on the Zillow Home Value Index.
Are home values rising in 32960?: Home values in 32960 are down 4.7% over the past year, and up 5.1% a year over five years.
What is the typical rent in 32960?: A typical home in 32960 rents for about $1,982 a month, a gross rental yield of 8.5%.
What is the property tax rate in 32960?: The effective property tax rate in 32960 is 0.6% — roughly $1,595 a year on a typical home.
Who lives in 32960?: ZIP code 32960 has a population of 25,259 and a median household income of $54,682.

#Comparable ZIPs

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

32962 vs 32960 →
Florida Ridge CDP, FL
Typical home
$259,173
Gross yield
8.5%
32966 vs 32960 →
Fellsmere, FL
Typical home
$331,031
Gross yield
7.4%
32948
Fellsmere, FL
Typical home
$333,029
Gross yield
—
32958
Sebastian, FL
Typical home
$344,877
Gross yield
7.1%
32967
Winter Beach CDP, FL
Typical home
$405,117
Gross yield
7.1%
32968
Vero Beach South CDP, FL
Typical home
$422,898
Gross yield
6.9%

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Pit ZIP 32960 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL32960

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