Sell My House Fast in Vero Beach, Florida with an iBuyer

Map data: Google, Image Landsat, Copernicus

Vero Beach Real Estate Market Overview

Average Monthly Rent:

$1,400

Percentage Change in Home Price/Value:

20.7%

Median Home Value:

$350,000

Best Time To Sell Home:

January

Affordability Index:

86

Days To Sell House:

58

Job Market:

Fair

Public School Ranking:

18

Location and Weather

The elegant city of Vero Beach can be found along the Atlantic coast, in Indian River County. This city is an attraction for families, retirees, and tourists alike who are looking for a high-quality of life in an affordable oceanfront destination. The nearby cities of Sebastian and Ft. Pierce contributed to this city's popularity for fishing, surfing and leisure on the scenic inlets located here.

Vero Beach’s weather is consistently warm from December through February, with average temperatures in the high 70s. Despite the elevated humidity and potential hurricane hazards, Vero Beach continues to see expansion in population and redevelopment.

Population, Job Market and Cost of Living

Vero Beach has a quaint population of 18,406, with a growth rate of 1.66% annually. The job market has increased by 1.8% over the last year. In ten years, job growth is predicted to be 38.4%. Vero Beach is home to Piper Aircraft and Disney’s Vero Beach Resort, which contributes to this city's aviation and tourism industry. The diverse dining and retail filled down-town is a huge contributor to the retail industry’s sector of the economy here as well. Other large industries are legal, health practitioners, and business services.

The cost of living here is lower than Florida’s average, which makes this a relatively affordable city to reside in. Housing value does vary depending on its location on the ocean-side, waterfront or mainland region.

Hottest Neighborhoods:

Vero Beach Estates, Royal Park, Highland Park, Edgewood, Veromar, Miracle Mile, Downtown Vero Beach

Average Monthly Rent in Vero Beach

The average monthly rent is $1,400 for a one-bedroom apartment.

Change in Home Value and Median Home Value

There has been a 20.7% increase in Vero Beach’s median home value over the last year. As of 2022, the median home value is $350,000.

Days to Sell a House

On average, homes in Vero Beach sell after 58 days on the market.

Best Time to Sell a House in Vero Beach

The best time to sell a home for the highest value is January. The best time to sell the quickest is during September.

Affordability Index

The affordability index in Vero Beach is 86. This number indicates decreased affordability in this city.

Vero Beach Public School Ranking

The top ranked public schools are Rosewood Magnet School, Beachland Elementary School, Imagine at South Vero, Storm Grove Middle School, Indian River Charter High School, Vero Beach High School. This information is determined by data measuring academic performance and equity.

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