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The median home in Brevard County listed for $388,283 in March, down 0.4% from the previous month's $389,950, an analysis of data from Realtor.com shows.
Compared to March 2023, the median home list price increased 3.1% from $376,725.
The statistics in this article only pertain to houses listed for sale in Brevard County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.floridatoday.com.
Brevard County's median home was 1,773 square feet, listed at $234 per square foot. The price per square foot of homes for sale is up 4.7% from March 2023.
Listings in Brevard County moved slowly, at a median 54 days listed compared to the March national median of 50 days on the market. In the previous month, homes had a median of 60 days on the market. Around 1,504 homes were newly listed on the market in March, a 16.8% increase from 1,288 new listings in March 2023.
The median home prices issued by Realtor.com may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.
In Florida, median home prices were $454,900, a slight decrease from February. The median Florida home listed for sale had 1,642 square feet, with a price of $278 per square foot.
Throughout the United States, the median home price was $424,900, a slight increase from the month prior. The median American home for sale was listed at 1,826 square feet, with a price of $228 per square foot.
The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.
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