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Florida Mortgage Brokerage

Brevard County

Mortgage options in Melbourne

Published market figures for Melbourne, with the source and period for each, and the loan programs most relevant here.

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Market data

The Melbourne market, with its sources

Published figures for this market, each with the geography it measures, the period it covers and the source it came from. Where a figure covers a wider metro area than this page, it says so.

A median sale price is not a valuation, a closed-sales count is not a count of mortgages written, and neither is an indication of what any lender will approve. Figures are as reported on the date shown and are not updated continuously.

What is different here

What those figures mean in Melbourne

Each point below reads the figures above rather than restating them. They are the things that are true of this market and not of Florida generally.

  1. FHA and VA are effectively level in Brevard County: 2,905 FHA originations and 2,805 VA in 2025, each about 16% of the county's 17,572. Few Florida counties have the two programmes this close together, and it means neither can be assumed to be the usual answer here.

  2. Brevard County's 2026 FHA limit is $541,287 against a Palm Bay-Melbourne-Titusville MSA median single-family price of $380,000 — around $161,000 of headroom at the MSA midpoint. FHA's limit is not what constrains a typical purchase in this market; credit, documented income and the property's condition are.

  3. The two segments moved in opposite directions in September 2026. Condo and townhouse sales rose 9.8% to 168 while the condo median fell 3.2% to $256,500 — more transactions at lower prices — against a single-family median up 2.7% to $380,000.

  4. On an attached property the financing question is partly about the project rather than the buyer. Agency condo review looks at the association's budget, reserves, owner-occupancy and litigation, and an otherwise strong borrower can be declined on the project's documents alone. It is worth establishing a building's standing before paying for an appraisal.

Start here instead

Pathways that apply anywhere in Florida

These explain how each program works anywhere in Florida. The market pages above cover what changes locally.