The May 2026 Brevard County Market Report shows a Space Coast housing market that continues to normalize while maintaining strong long-term property values. Single-family home prices reached a median of $385,000, while condo and townhome inventory continued declining from peak levels. Buyers are seeing improved opportunities through increased inventory and reduced competition compared to recent years, while sellers continue benefiting from historically resilient pricing. This report examines current market conditions, historic trends, inventory levels, and what they mean for buyers and sellers across Brevard County.

Key Historical Insights from the Data

Looking beyond the month-to-month fluctuations, several longer-term trends stand out:

Single Family Homes

• Median price reached $385,000, matching the highest levels seen over the past three years.
• Inventory remains significantly higher than the 2.1–2.4 months seen during 2023.
• Days on Market have nearly doubled from 2023 lows, indicating a more balanced market.
• Home sales remain healthy despite elevated mortgage rates.

Condos & Townhomes

• Inventory has fallen from a peak of 8.8 months in 2025 to 6.9 months today.
• Days on Market improved substantially from recent highs.
• Sales activity increased year-over-year.
• Pricing has stabilized after a period of volatility during 2024 and 2025.

Interest Rates

One of the most overlooked trends is that mortgage rates have remained remarkably stable over the last year:

• May 2024: 7.06%
• May 2025: 6.82%
• May 2026: 6.44%

While rates remain above pandemic-era levels, they are significantly below the 7.62% peak experienced during late 2023.

Let’s run the numbers before you make a move.

 Part of The Space Coast Real Estate Market Trends Resource Center

This article is part of our complete Space Coast Real Estate Market Trends guide, where you’ll find Brevard County housing reports, Satellite Beach market updates, mortgage news, pricing trends, and local market analysis designed to help buyers, sellers, investors, and homeowners make informed real estate decisions.

→ Explore the Complete Space Coast Real Estate Market Trends Guide