Satellite Beach, Florida Real Estate & Housing Market

Satellite Beach, FL Listings

For Sale For Rent

Find real estate listings

Find rental listings

Satellite Beach Housing Information

Index	Satellite Beach	Florida	National
Median home price	$233,800	$166,800	$184,700
Median rent asked	$1,293	$1,032	$949
Avg. people per household	2.6	2.6	2.6
Owner occupied households	72.9%	64.8%	63.6%
Renter occupied households	27.1%	35.2%	36.4%

Above, you will see a summary of real estate in Satellite Beach, FL. On average, homes in Satellite Beach, FL cost $233,800, a value that is 40% higher than the average in Florida. In general terms, this results in Satellite Beach, FL real estate being less affordable than Florida real estate. On average, people who rent houses in Satellite Beach, FL pay $1,293; this value is 25% higher than the average amount renters pay in Florida. 72.9% of Satellite Beach, FL residents own their own homes and, on average, each of the homes has 2.6 occupants. Satellite Beach, FL real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Satellite Beach, FL is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Satellite Beach Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Satellite Beach, FL. To estimate home affordability, one method is to use the ratio of home price to median household income. The Satellite Beach, FL’s median home price stands at $233,800 while $63,170 is the value of the average household income. The resulting home price to income ratio, which is 3.7x, differs from the Florida average as the ratio is 9% higher than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Satellite Beach, FL are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Satellite Beach, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Patrick AFB, FL	1,457	$0	100%
Cocoa West, FL	5,115	$66,800	64%
Cocoa, FL	17,558	$93,200	50%
Palm Bay, FL	106,573	$110,000	40%
Melbourne, FL	78,911	$125,400	32%
Satellite Beach, FL	10,495	$233,800	27%

Cities with similar population

City, State	Population	Home Price	National Avg.
Big Rapids, MI	10,495	$88,400	52%
Cambridge, OH	10,495	$85,000	54%
Belmont, NC	10,494	$156,700	15%
Eureka, MO	10,497	$239,200	30%
Gonzales, LA	10,492	$155,100	16%
Satellite Beach, FL	10,495	$233,800	27%

Source: The Satellite Beach, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).