06/18/2026
Brevard County Market Update Single Family Homes | May 2026
Is the Brevard market cooling?
The latest numbers show fewer homes are selling, pending sales are down, and new listings continue to decline. However, home values remain strong, with the median sales price increasing to $385,000—up 2.7% from this time last year.
Here are a few key takeaways:
✔️ Median home prices are still rising
✔️ Inventory remains limited at 3.7 months
✔️ Closed sales are down 14.0% year-over-year
✔️ Cash sales saw a significant decrease
✔️ Foreclosure sales increased, but still make up a small portion of the market
What does this mean for you?
For buyers, there may be more opportunities to negotiate than we’ve seen in recent years. For sellers, properly pricing and marketing your home is becoming more important as the market shifts.
Thinking about buying, selling, or relocating to the Space Coast? Send me a message and let’s talk about what these numbers mean for your specific situation.
Do you think the Brevard market is cooling, stabilizing, or preparing for its next move? 👇