Titusville - Palm Bay - Melbourne named in Top 10 Best Metro area for 1st Time Homebuyers

The Titusville - Melborune - Palm Bay comes in at #9 on a Top 10 list of metro areas where first-time homebuyers can have it all—a mortgage and the perks of a metropolitan area—according to Move.org

Titusville - Palm Bay - Melbourne named in Top 10 Best Metro area for 1st Time Homebuyers

With the burgeoning space industry, giving Brevard County the nickname of the "Space Coast", the Titusville area has seen growth in new construction of single-family homes as well as creating a shortage of already-built homes, creating a 'sellers market', with a median sold home price of $202,000

 

Other metro areas with populations around or over 650,000 and median prices under or around $250,000 are Cape Coral-Fort Myers, FL; Boise City, ID; Baton Rouge, LA; Greenville-Anderson, SC; Ogden-Clearfield, UT; Palm Bay-Melbourne-Titusville, FL; and Deltona-Daytona Beach-Ormond Beach, FL.

 

Surprisingly, four of these affordable areas are in Florida, meaning living within driving distance to a beach is within reach for first-time buyers.

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Traditionally, the higher the population, the higher the demand for homes, and the higher the prices. But these lists show that you can live in a populous area without spending a lot of money. Melbourne, for example, rivals Titusville when it comes to people. And with a median home price that’s overall less, combined with cost-of-living, Titusville is far more affordable for nearly everyone.

 

Whether you're looking to buy an already built home with a realtor, or build a custom-designed home, a surge of first-time homebuyers in Titusville are bringing this little town back to it's former glory of a bustling city, rich in space history, awesome local businesses, and the Beauty of the Merritt Island National Wildlife Refuge.

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City Council Meeting - February 9th, 2020

Titusville - Palm Bay - Melbourne named in Top 10 Best Metro area for 1st Time Homebuyers

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