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Wabasso, FL

Full City Profile · Florida · Indian River County County

3.1 /5.0
B Good
1,648 Population 447/sq mi density
$66,771 Median Income $37,466 per capita
$413,600 Home Value $343,439 Zillow
$944 Median Rent 18.1% income on rent
74°F Avg Temperature 330 sunny days/yr
170 Violent Crime/100K 2,023 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$66,771 median income, 0.8% unemployment
B
Affordability
3.2 / 5.0
$413,600 home value, $944/mo rent
F
Safety
1.0 / 5.0
170 violent crimes/100K
B+
Education
4.0 / 5.0
37.2% bachelor's degree or higher

Housing Overview

Median Home Value
$413,600
47% above
US avg: $281,900
Median Rent
$944/mo
19% below
US avg: $1,163/mo
Homeownership Rate
65.8%
1% above US avg (65.4%)
Total Housing Units
600
Median year built: 1981

Home Value by Source

Census Median
$413,600
Zillow (ZHVI)
$343,439
Median Sale Price
$322,000
Median List Price
$599,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.8%
Owner-Occupied
34.2%
Renter-Occupied
66%
34%
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: $944/mo

Market Indicators (Redfin)

Median Days on Market
171 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
9.7%
of listings with price reduction
Price Per Sq Ft
$212
Active Inventory
31
homes for sale

Affordability & Housing Stock

Rent Burden
18.1%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
65.8%

Complete Housing Data

Home Values

Census Median Value$413,600
Zillow Home Value (ZHVI)$343,439
Median Sale Price$322,000
Median List Price$599,000
Price Per Sq Ft$212

Rent

Census Median Rent$944
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 Market171
Sale-to-List Ratio1.0%
Price Drops9.7%
Homes Sold5
Active Inventory31
Price Per Sq Ft$212

Ownership & Stock

Owner-Occupied65.8%
Renter-Occupied34.2%
Homeownership Rate65.8%
Total Housing Units600
Median Year Built1981
Rent Burden18.1%