July 2025 Market Snapshot for Zip Code 32937 and the Space Coast

The July 2025 numbers are relatively flat! Condo numbers in the Zip Code dropped but everything else was pretty much unchanged. The overall Median Sales Price rose 5% in the 32937 Zip Code and dropped 1% on the Space Coast overall. The number of properties sold was down both for the Zip Code and the County.  The average sales price per square foot also dropped  for the Zip Code and the county.  The average days on market dropped 10% in the Zip Code and rose 2% in the County.  The number of properties for sale dropped 6% for the county and 10% for the Zip Code.  Builders are still constructing single-family homes and condominiums in the area.  There are numerous remodels and rebuilds going on as well.

The above numbers include both Single Family homes and Townhouses/Condominiums.  Both the county and the Zip Code saw little to no movement in the median sales price of Single Family homes (2% and 0%, respectively).  Townhomes/Condominiums moved in different directions.  The median sale price rose 3% in the county but dropped 15% in the Zip Code.

The months of inventory are once again approaching a seller’s market for Single Family homes but are solidly in the buyer’s market territory for Condos and Townhomes.

The 32937 Zip Code is part of the Space Coast and consists of Satellite Beach, Indian Harbour Beach, and South Patrick Shores.  It is bounded by Patrick Space Force Base to the north, Eau Gallie Causeway to the south, the Atlantic Ocean to the East, and the Banana River to the west.

Let me know if you find this information useful.  What else would you like to know?