Monthly cost of buying the typical home, at today's average 30-year rate. Change any number to fit your situation.
Zillow doesn't publish a rent index for this area.
Our forecast of +0.9% over 12 months would add roughly $270 a month in value to the owner's side, but the 80% range runs from −3.7% to +7.5%, so treat it as uncertain.
Estimates only. Excludes maintenance (often about 1% of the price a year), the return the down payment could earn elsewhere, and tax effects. Rent is the Zillow Observed Rent Index, a typical market rent for all home types.
Redfin, all residential, monthly. These feed the metro trend model.
Strongest forecast relative to the metro first. “vs. metro” ranks each ZIP within Palm Bay, FL (100 = strongest).
| 32950 Malabar, FL | $555,176 | ▲ 2.8% | ▲ 3.6% −3% to +11% | 100 |
| 32949 Grant-Valkaria, FL | $517,631 | ▲ 2.9% | ▲ 3.3% −3% to +11% | 96 |
| 32903 Indialantic, FL | $561,259 | ▲ 2.8% | ▲ 2.8% −4% to +10% | 92 |
| 32934 Melbourne, FL | $492,873 | ▲ 0.6% | ▲ 2.4% −4% to +10% | 88 |
| 32951 Melbourne Beach, FL | $616,898 | 0.0% | ▲ 2.3% −4% to +10% | 84 |
| 32952 Merritt Island, FL | $439,400 | ▲ 1.1% | ▲ 2.2% −4% to +10% | 80 |
| 32940 Melbourne, FL | $490,399 | ▼ 0.9% | ▲ 2.0% −4% to +9% | 76 |
| 32937 Satellite Beach, FL | $494,746 | ▲ 0.5% | ▲ 1.8% −5% to +9% | 72 |
| 32754 Mims, FL | $387,077 | ▲ 2.0% | ▲ 1.8% −5% to +9% | 68 |
| 32976 Micco, FL | $221,522 | ▼ 0.9% | ▲ 1.7% −5% to +9% | 64 |
| 32953 Merritt Island, FL | $422,744 | ▲ 0.1% | ▲ 1.6% −5% to +9% | 60 |
| 32927 Cocoa, FL | $305,240 | ▲ 0.4% | ▲ 1.5% −5% to +9% | 56 |
| 32955 Rockledge, FL | $369,056 | ▲ 0.1% | ▲ 1.5% −5% to +9% | 52 |
| 32931 Cocoa Beach, FL | $455,178 | ▼ 0.1% | ▲ 1.5% −5% to +9% | 48 |
| 32780 Titusville, FL | $274,917 | ▼ 0.9% | ▲ 1.4% −5% to +9% | 44 |