What $500K Buys in Brevard County, FL
A $500K budget buys a very different house depending on which Brevard County city you point it at. This page compares every city with at least five active listings within 10% of $500K — size, age, bed and bath count, price per square foot, how much of the inventory is new construction and how long it has been sitting — from today’s live MLS actives, and lists the communities with the most homes at that price. It refreshes every night.
There are 389 homes for sale in Brevard County, FL priced between $450,000 and $550,000 right now. At $500K, the typical home is 1,991 sq ft, built 2005, at $248/sq ft; 19% of them are new construction and the median has been on the market 61 days. The most house for the money is in Titusville (2,394 sq ft median); the least in Cocoa Beach (1,273 sq ft); the newest in Grant-Valkaria (median build year 2024).
What $500K buys, city by city
| City | Homes for sale | Median sq ft | Beds / baths | Median year built | $ / sq ft | New construction | Median DOM |
|---|---|---|---|---|---|---|---|
| Palm Bay | 99 | 2,365 | 4 / 3 | 2023 | $203 | 41% | 80 |
| Melbourne | 66 | 1,795 | 3 / 2 | 2017 | $266 | 20% | 56 |
| Cocoa Beach | 25 | 1,273 | 2 / 2 | 1980 | $394 | 0% | 52 |
| Satellite Beach | 25 | 1,482 | 3 / 2 | 1980 | $332 | 4% | 104 |
| Titusville | 22 | 2,394 | 4 / 2.75 | 2004 | $208 | 0% | 33 |
| Cocoa | 22 | 2,134 | 3 / 2 | 2009 | $233 | 41% | 64 |
| Merritt Island | 18 | 1,738 | 3 / 2 | 1983 | $279 | 0% | 1 |
| Cape Canaveral | 17 | 1,663 | 3 / 2 | 2002 | $280 | 0% | 192 |
| Mims | 16 | 2,336 | 4 / 3 | 1993 | $214 | 38% | 65 |
| Indialantic | 15 | 1,363 | 3 / 2 | 1977 | $352 | 0% | 2 |
| Rockledge | 14 | 1,841 | 4 / 2 | 2003 | $257 | 7% | 49 |
| Melbourne Beach | 13 | 1,534 | 3 / 2 | 1993 | $342 | 0% | 24 |
| West Melbourne | 12 | 2,350 | 4 / 2.75 | 2016 | $233 | 0% | 132 |
| Malabar | 6 | 1,775 | 3 / 2 | 1990 | $297 | 0% | — |
| Grant-Valkaria | 5 | 2,312 | 4 / 3 | 2024 | $204 | 20% | — |
By ZIP code: where $500K goes furthest
The same budget by ZIP — useful where one city covers most of the county.
| ZIP | Homes for sale | Median sq ft | Median year built | $ / sq ft | New construction |
|---|---|---|---|---|---|
| 32909 Palm Bay | 44 | 2,316 | 2017 | $211 | 25% |
| 32940 Melbourne | 40 | 1,774 | 2023 | $273 | 35% |
| 32937 Satellite Beach | 29 | 1,482 | 1980 | $332 | 3% |
| 32931 Cocoa Beach | 25 | 1,273 | 1980 | $394 | 0% |
| 32904 West Melbourne | 22 | 2,510 | 2014 | $219 | 0% |
| 32907 Palm Bay | 20 | 2,563 | 2024 | $195 | 35% |
| 32780 Titusville | 18 | 2,384 | 2004 | $208 | 0% |
| 32908 Palm Bay | 18 | 2,105 | 2025 | $240 | 72% |
| 32920 Cape Canaveral | 17 | 1,663 | 2002 | $280 | 0% |
| 32905 Palm Bay | 17 | 2,494 | 2026 | $194 | 59% |
| 32926 Cocoa | 17 | 2,301 | 2015 | $229 | 47% |
| 32754 Mims | 16 | 2,336 | 1993 | $214 | 38% |
Communities with the most homes near $500K
| Community | City | Homes for sale near $500K | Median sq ft | Median year built |
|---|---|---|---|---|
| Pangea Park | Melbourne | 12 | 1,795 | 2024 |
| Montecito | Satellite Beach | 6 | 2,093 | 2017 |
| Indian River Preserve | Mims | 6 | 2,336 | 2026 |
| St. Johns Preserve | Palm Bay | 5 | 2,802 | 2023 |
| Reserve At Country Club Lakes Estates | Palm Bay | 5 | 2,856 | 2026 |
| Crystal Bay | Grant-Valkaria | 4 | 2,475 | 2024 |
| Gardens At Waterstone | Palm Bay | 4 | 2,587 | 2024 |
| Courtyard At Waterstone | Palm Bay | 3 | 2,266 | 2023 |
| Shorewood Condo | Cape Canaveral | 3 | 1,663 | 1997 |
| Magnolia Park At Bayside Lakes | Palm Bay | 3 | 2,225 | 2004 |
| The Lakes at St. Sebastian | Micco | 3 | 2,396 | 2022 |
| Puerto Del Rio Condo | Cape Canaveral | 3 | 2,348 | 2005 |
| Buccaneer Condo Apartments | Satellite Beach | 3 | 1,265 | 1973 |
| Powells Resubd Of Melbourne | Melbourne | 2 | 1,047 | 1930 |
| Port St John | Cocoa | 2 | 2,359 | 1996 |
How to read this
Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of September 15, 2026; property mix at this price: Single-family 75%, Condo 16%, Townhouse 8%. Cities with fewer than five listings in the band are folded out of the city table but still count in the county total. Prices are asking prices, not closings — see the county page for sale-to-list ratios. Source: live MLS feeds compiled by Momentum Research. Other budgets in Brevard County: $300K, $400K, $750K, $1M. Back to homes for sale in Brevard County, FL.