32940 — Brevard County, Florida Market Snapshot
Housing market data for zip code 32940 in Brevard County, Florida. Updated monthly with median prices, days on market, and more.
Market Sales Data
298 sales in 2026 (year to date)
Median Sale Price
$555,000
Days to Sell
67
Homes Sold
298
Inventory
262
Sale-to-List
97.9%
New Listings
323
Price/SqFt
$256
Pending Sales
361
Conforming Loan Available
Most homebuyers in 32940 can comfortably use conventional financing. The median home price of $555,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 67 days on average, 32940 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 32940 sells for 2.1% below asking price (97.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 32940 can comfortably use conventional financing. The median home price of $555,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 32940 are set at the county level.
2026 Loan Limits — Brevard County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 32940
To purchase the median home at $555,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,402.
Monthly Payment
$4,402
Income Required
$188,667
Principal & Interest
$3,420/mo
Down Payment (5%)
$27,750
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 32940.
Estimated Monthly Payment
$3,585
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 32940. Tell us what you're looking for.