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Vero Beach

Why you'd want to live in Vero Beach

Vero Beach, Florida is home to a population just over 16,000 residents. Vero Beach is in and serves as county seat for Indian River County, Florida. Although Florida is known for its tourism and retirement perks, Vero Beach has more of a small town charm with quiet upscale communities. While avoiding tilting into the overly-touristy flavor, Vero Beach still has a strong tourist-based economy, in addition to fishing. However, Piper Aircraft, an aviation manufacturer, also makes its home in Vero Beach, where it has become the largest private employer in Indian River County. Median household income in Vero Beach, Florida is approximately $35,000 per year. Homes in the area have median values of around $184,123. Students in the area are educated through the Indian River County School District, offering six public schools throughout Vero Beach. Furthermore, there are six private schools and one state college. Vero Beach, Florida receives about 55 inches of rain annually, and no snow. The sun shines on Vero Beach around 232 days of the year with summer highs of 89 degrees and winter lows of 51 degrees. There are 26 miles of oceanfront shore in Vero Beach, including three beaches along Florida’s treasure coast, including South Beach, Humiston Park, and Jaycee Park. Other small-craft water-based activities such as boating, fishing, diving, kayaking, and water-skiing are enjoyed on the Indian River Lagoon. Vero Beach is home to two major malls: Indian river Mall and Fashion Outlet Mall. However, there are a plethora of specialty boutiques, and a historic downtown area recently revitalized with shops, restaurants, art galleries, and more. Public Transportation throughout Vero Beach is provided by GoLine bus routes. Vero Beach has all the fun in the sun that other Florida areas offer, yet escapes the hustle and bustle of tourist town appeal.

Vero Beach

Vero Beach Market Report

$921,616

AVERAGE PRICE OF 2,197 HOMES

$345,075

AVERAGE PRICE OF 12 DISTRESSED HOMES

$3,107,687

AVERAGE PRICE OF 406 MULTI-MILLION DOLLAR HOMES

$1,204,717

AVERAGE PRICE OF 303 NEWLY BUILT HOMES

$1,028,123

AVERAGE PRICE OF 1,213 HOMES WITH A POOL

$559,641

AVERAGE PRICE OF 108 REDUCED PRICE HOMES

Average Home

Average Price $921,616
Avg Bedrooms 2.5 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $150,531
2 bedrooms $413,093
3 bedrooms $667,566
4 bedrooms $951,007
5 bedrooms $2,094,471
Vero Beach Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 2,163 2,205 2,173 2,073 1,949
Average Price $951,915 $950,339 $963,577 $962,563 $998,570
Avg Price Change +0.17% -1.39% +0.11% -3.74% +1.36%
Median Price $474,163 $477,974 $480,839 $479,091 $476,707
Med Price Change -0.80% -0.60% +0.36% +0.50% +2.20%
Avg Bedrooms 2.55 beds 2.52 beds 2.44 beds 2.42 beds 2.43 beds
Avg Bathrooms 2.15 baths 2.13 baths 2.09 baths 2.07 baths 2.06 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,197 $921,616 96 days
Distressed Homes 12 $345,075 126 days
Multi-Million Dollar Homes 406 $3,107,687 141 days
Newly Built Homes 303 $1,204,717 105 days
Homes with a Pool 1,213 $1,028,123 83 days
Reduced Price Homes 108 $559,641 60 days
Keller Williams Vero Beach
3775 20th Street
Vero Beach, FL 32960
772-571-3113

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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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