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Palm Shores, FL

Full City Profile · Florida · Brevard County County

3.5 /5.0
B+ Good
1,479 Population 2,465/sq mi density
$86,563 Median Income $44,371 per capita
$341,800 Home Value $440,442 Zillow
$1,050 Median Rent 25.0% income on rent
73°F Avg Temperature 314 sunny days/yr
116 Violent Crime/100K 1,310 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$86,563 median income, 1.2% unemployment
A
Affordability
4.5 / 5.0
$341,800 home value, $1,050/mo rent
F
Safety
1.0 / 5.0
116 violent crimes/100K
B+
Education
3.7 / 5.0
33.6% bachelor's degree or higher

Housing Overview

Median Home Value
$341,800
21% above
US avg: $281,900
Median Rent
$1,050/mo
10% below
US avg: $1,163/mo
Homeownership Rate
89.1%
36% above US avg (65.4%)
Total Housing Units
598
Median year built: 2000

Home Value by Source

Census Median
$341,800
Zillow (ZHVI)
$440,442
Median Sale Price
$365,300
Median List Price
$1,499,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.1%
Owner-Occupied
10.9%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,050/mo

Market Indicators (Redfin)

Median Days on Market
28 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
40.0%
of listings with price reduction
Price Per Sq Ft
$212
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
25.0%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
89.1%

Complete Housing Data

Home Values

Census Median Value$341,800
Zillow Home Value (ZHVI)$440,442
Median Sale Price$365,300
Median List Price$1,499,000
Price Per Sq Ft$212

Rent

Census Median Rent$1,050
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market28
Sale-to-List Ratio1.0%
Price Drops40.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$212

Ownership & Stock

Owner-Occupied89.1%
Renter-Occupied10.9%
Homeownership Rate89.1%
Total Housing Units598
Median Year Built2000
Rent Burden25.0%