Titusville Real Estate Market Overview
Average Monthly Rent:
$877
Percentage Change in Home Price/Value:
5.00%
Median Home Value:
$181,232
Best Time To Sell Home:
December
Affordability Index:
146
Days To Sell House:
69.29
Job Market:
Fair
Public School Ranking:
26
Location and Weather
Titusville is situated on the Indian River, just west of Merritt Island and southwest of the Canaveral National Seashore. Titusville is a part of the Space Coast and is home to the Kennedy Space Center, which significantly expanded the city in the 1950’s. With the resurgence of the space program and companies like SpaceX, Titusville is continuing to grow.
Titusville summers are very warm, humid and long, while the winters are short and mild. The summer temperatures are in the 80’s, with lows in the 70’s. Winter temperatures are in the 70’s, with lows in the 50’s.
Population, Job Market and Cost of Living
Titusville’s population in 2018 was 46,497, with a growth rate of.65%. The job growth has increased by 1.85% over the last year and in ten years, is predicted to have increased by 40.71%. The major industries are in healthcare, social assistance, retail trade and manufacturing. The major employers are Kennedy Space Center, Parrish Medical Center and Walmart. The cost of living is low, due to the Titusville real estate market and cost of available housing.
With its scenic Indian River location, many opportunities for outdoor recreation, close proximity to Kennedy Space Center, mild climate and low cost of living, Titusville will continue to attract workers, families and retirees to the Space Coast.
