Real Estate Market Update for Vero Beach, FL
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Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 34% from one year earlier, and up 1% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 100%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The number of units sold decreased 100% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Vero Beach, FL
Area Information for Vero Beach, FL
  • Population: 15,513
  • Median Age: 49.99 yr
  • Median Commute Time: 12.89 mins
  • Educational Climate*: 5
  • Sales Tax: 7%
  • Population Density: 1,357/sq mi
  • Population Change Since 2000: -9.6%
  • Closest Airport: Melbourne International
  • Closest College: Indian River State College
  • Median Household Income: $43,225
  • Annual Residential Turnover: 17.95%
  • Median Years in Residence: 3.09 yr
  • Median Home Sales Price: $162,100
  • Closest Major Sports Team: Florida Panthers
  • Change Avg. Household Income Since 2000: 9%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Vero Beach, FL
Median Age: 49.99 Married: 40% Number of Households: 7,851 Households with Children: 1,592
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Vero Beach, FL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Indian River Charter High School 5.2 mi Public 9-12 4 4
      Master's Academy Of Vero Beach 5.5 mi Private PRESCHOOL-12 0 4
      Imagine Schools At South Vero 5.6 mi Public K-8 3-5 5
      Storm Grove Middle School 5.7 mi Public 6-8 3 2
      Glendale Elementary School 6.2 mi Public K-5 1 4
      Anderson Academy 6.2 mi Private 7-12 0 0
      Suncoast Primary School 6.3 mi Private PRESCHOOL-8 0 5
      The Willow School 6.5 mi Private PRESCHOOL-8 0 0
      Dodgertown Elementary School 6.6 mi Public PRESCHOOL-5 1 3
      Rosewood Magnet School 6.6 mi Public K-5 4-5 5
      St. Peter's Academy 6.9 mi Public K-6 4 5
      Ebenezer Christian Academy Of Vero Beach 7.5 mi Private K-12 0 0
      Gifford Middle School 7.5 mi Public 6-8 3 4
      Alternative Center For Education 7.6 mi Public 7-12 0 2
      Glendale Christian School 7.6 mi Private PRESCHOOL-12 0 4
      Liberty Magnet School 7.6 mi Public K-5 4-5 4
      Citrus Elementary School 7.6 mi Public PRESCHOOL-5 2 4
      St. Helen Catholic School 7.7 mi Catholic PRESCHOOL-8 0 4
      Exceptional Student Education 7.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      Indian River Virtual Instruction Program 7.8 mi Public K-12 0 0
      Vero Beach High School 7.9 mi Public 9-12 2-5 3
      Vero Beach Elementary School 8.0 mi Public PRESCHOOL-5 1 3
      New Hope Christian Academy 8.1 mi Private 5-10 0 0
      Adult And Community Education School 8.1 mi Public UNGRADE-UNGRADE 0 0
      North County Charter School 8.3 mi Public K-5 3-5 5
      Oslo Middle School 8.6 mi Public 6-8 2-5 3
      Osceola Magnet School 9.0 mi Public K-5 4-5 5
      Thompson Elementary School 9.0 mi Public PRESCHOOL-5 0 0
      Tabernacle Baptist Christian School 9.4 mi Private K-8 0 0
      Beachland Elementary School 10.1 mi Public K-5 4-5 4
      Highlands Elementary School 10.6 mi Public K-5 1 4
      Touched By Grace Academy 11.6 mi Private 6-12 0 0
      Saint Edward's School 12.3 mi Private PRESCHOOL-12 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for Vero Beach, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.