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Palm Bay, Melbourne, Titusville Metro Area Housing

 

As of 2010-2014, median price of a house in Palm Bay, Melbourne, Titusville Area is $138,500, which is lower than the state average of $156,200 and is lower than the national average of $175,700. The median year that a house in Palm Bay, Melbourne, Titusville Area was built is 1985, which is about the same as the median year for a house built in the state which is 1985 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 160,380 Owner Occupied Houses in Palm Bay, Melbourne, Titusville Area, #333
Palm Bay, Melbourne, Titusville Area
138,500 USD
Florida
156,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Palm Bay, Melbourne, Titusville Area
-29.26%
Florida
48.06%
U.S.
46.91%

*The Palm Bay, Melbourne, Titusville Area median house price growth rate is since 2005-2009. The Florida and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Palm Bay, Melbourne, Titusville AreaFloridaU.S.
Total Housing Units271,005, see rank, 100%9,051,851132,741,033
Occupied Housing Units221,582, 81.76%, see rank79.74%87.55%
Owner Occupied160,380, 59.18%, see rank52.73%56.34%
Renter Occupied61,202, 22.58%, see rank27.01%31.21%
Vacant Housing Units49,423, 18.24%, see rank20.26%12.45%
For Rent8,663, 3.20%, see rank2.97%2.34%
For Sale Only4,541, 1.68%, see rank1.66%1.20%
Rented or Sold, Not Occupied3,470, 1.28%, see rank1.21%0.92%
For Seasonal, Recreational, or Occasional Use20,057, 7.40%, see rank9.84%3.97%
For Migrant Workers45, 0.02%, see rank0.04%0.03%
Other Vacant12,647, 4.67%, see rank4.54%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #114
Palm Bay, Melbourne, Titusville AreaFloridaU.S.
198519851976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Palm Bay, Melbourne, Titusville Area%FloridaU.S.
Owner-Occupied Units160,380100%4,772,94474,787,460
With a Mortgage98,84161.63%, see rank61.11%65.58%
Without a Mortgage61,53938.37%, see rank38.89%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Palm Bay, Melbourne, Titusville Area
1,330 USD
Florida
1,480 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsPalm Bay, Melbourne, Titusville Area%FloridaU.S.
$299 or Less1980.20%, see rank0.21%0.20%
$300 to $4991,9271.95%, see rank1.53%1.59%
$500 to $6996,4546.53%, see rank5.00%5.01%
$700 to $99918,60018.82%, see rank14.91%14.32%
$1,000 to $1,49932,29732.68%, see rank29.50%27.90%
$1,500 to $1,99919,45419.68%, see rank21.21%20.35%
$2,000 to $2,99914,46214.63%, see rank18.45%19.52%
$3,000 or More5,4495.51%, see rank9.20%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Palm Bay, Melbourne, Titusville Area
24.80% of the Total Income
Florida
26.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Palm Bay, Melbourne, Titusville Area%FloridaU.S.
10% or Less5,0795.14%, see rank4.76%5.86%
10% to 20%29,05629.40%, see rank25.89%31.95%
20% to 30%26,49926.81%, see rank25.92%27.64%
30% to 40%14,25914.43%, see rank14.93%13.74%
40% or More23,17023.44%, see rank27.62%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Palm Bay, Melbourne, Titusville Area
419 USD
Florida
469 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsPalm Bay, Melbourne, Titusville Area%FloridaU.S.
$199 or Less6,89011.20%, see rank9.06%7.76%
$200 to $2999,89216.07%, see rank13.71%14.70%
$300 to $49922,63036.77%, see rank32.19%34.63%
$500 to $69912,57620.44%, see rank22.09%21.16%
$700 or More9,55115.52%, see rank22.95%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Palm Bay, Melbourne, Titusville Area
12.10% of the Total Income
Florida
13.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Palm Bay, Melbourne, Titusville Area%FloridaU.S.
10% or Less25,24941.03%, see rank36.34%40.19%
10% to 20%19,36531.47%, see rank31.41%31.47%
20% to 30%7,52912.23%, see rank12.98%12.24%
30% to 40%3,2915.35%, see rank6.40%5.64%
40% or More4,8697.91%, see rank10.85%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Palm Bay, Melbourne, Titusville AreaFloridaU.S.
Total Housing Units271,005, 100%9,051,851132,741,033
1-unit, Detached175,752, 64.85%, see rank54.16%61.65%
1-unit, Attached11,333, 4.18%, see rank6.28%5.82%
2 Units4,741, 1.75%, see rank2.17%3.75%
3 or 4 Units9,244, 3.41%, see rank3.85%4.43%
5 to 9 Units14,131, 5.21%, see rank5.03%4.78%
10 or More Units34,143, 12.60%, see rank19.24%13.08%
Mobile Home, Boat, RV, Van, etc.21,661, 7.99%, see rank9.28%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Palm Bay, Melbourne, Titusville AreaFloridaU.S.
Total Housing Units271,005, 100%9,051,851132,741,033
1 Room2,225, 0.82%, see rank1.65%1.95%
2 Rooms3,596, 1.33%, see rank2.16%2.48%
3 Rooms17,989, 6.64%, see rank10.38%9.13%
4 Rooms51,023, 18.83%, see rank21.92%16.60%
5 Rooms66,143, 24.41%, see rank23.70%20.41%
6 Rooms55,471, 20.47%, see rank17.82%18.06%
7 Rooms34,662, 12.79%, see rank10.59%12.27%
8 Rooms22,372, 8.26%, see rank6.13%8.48%
9 Rooms or More17,524, 6.47%, see rank5.66%10.60%
Median Rooms5.40, see rank5.105.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Palm Bay, Melbourne, Titusville AreaFloridaU.S.
Total Housing Units271,005, 100%9,051,851132,741,033
No Bedroom2,573, 0.95%, see rank1.80%2.17%
1 Bedroom18,133, 6.69%, see rank10.62%11.16%
2 Bedrooms75,776, 27.96%, see rank33.79%26.69%
3 Bedrooms127,364, 47.00%, see rank38.45%39.70%
4 Bedrooms41,280, 15.23%, see rank12.90%16.05%
5 or More Bedrooms5,879, 2.17%, see rank2.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Palm Bay, Melbourne, Titusville AreaFloridaU.S.
Total Housing Units221,582, 100%7,217,508116,211,092
Utility Gas22,677, 10.23%, see rank4.53%48.85%
Bottled, Tank, or LP Gas1,865, 0.84%, see rank1.12%4.86%
Electricity194,303, 87.69%, see rank92.30%36.68%
Fuel Oil, Kerosene, etc.247, 0.11%, see rank0.22%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood247, 0.11%, see rank0.20%2.12%
Solar Energy64, 0.03%, see rank0.03%0.05%
Other Fuel104, 0.05%, see rank0.04%0.47%
No Fuel Used2,075, 0.94%, see rank1.56%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalPalm Bay, Melbourne, Titusville AreaFloridaU.S.
Occupied Units Paying Rent57,627, 100%2,322,94939,201,928
$199 or Less405, 0.70%, see rank1.03%1.50%
$200 to $2991,018, 1.77%, see rank1.85%3.18%
$300 to $4992,528, 4.39%, see rank3.93%7.37%
$500 to $6998,512, 14.77%, see rank11.03%16.01%
$700 to $99922,819, 39.60%, see rank32.44%29.17%
$1,000 to $1,49916,896, 29.32%, see rank34.44%26.88%
$1,500 to $1,9993,967, 6.88%, see rank10.35%9.79%
$2,000 or More1,482, 2.57%, see rank4.93%6.10%
Median$904, see rank$998$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Palm Bay, Melbourne, Titusville AreaFloridaU.S.
Occupied Housing Units221,582, 100%7,217,508116,211,092
No Vehicles Available11,886, 5.36%, see rank7.09%9.12%
1 Vehicles Available92,159, 41.59%, see rank41.49%33.80%
2 Vehicles Available86,521, 39.05%, see rank37.93%37.48%
3 or More Vehicles Available31,016, 14.00%, see rank13.49%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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