Get the most out of your biggest asset: your home

Realm makes homeownership easy

We get it. Homeownership can be overwhelming, stressful, and confusing. Whether you’re searching for a new home, staying put, or somewhere in between, Realm is here to help. We use reliable, unbiased data to show you not only what a property is worth today, but what it could be worth in years to come. Our free tools give you accurate renovation cost estimates and tell you how much value a project will add. Plus, our insights are customized to each property, so you get trustworthy information you can actually use. Make smart choices for your home with Realm.


Vero Beach Real Estate & Home Prices

RealmFloridaVero Beach

Vero Beach Homes By The Numbers

Each property gets a score from 0-1,000, showing how much of its potential has been realized. Low score properties have more upside. High score properties are already optimized.

Average Realm Score

371
1000
Our assessment of the average current home value. We use several data sources including tax assessments, listing history, building permits, and zoning regulations.

Average Home Value

$214k25th percentile
$288k
$424k75th percentile
$214k25th percentile
$424k75th percentile
How much each home's value could increase with additional investment. We've analyzed what upgrades and changes are possible on each property in this neighborhood.

Average Untapped Potential Value

$141k25th percentile
$181k
$277k75th percentile
$141k25th percentile
$277k75th percentile
The additional square feet each lot has available to develop. We compare the current footprint of the home to the maximum footprint allowed by local zoning rules.

Average Buildable Square Feet

2,407 sq ft
How much homes have been sold for over the last year.

Average Sale Price (Last 12 months)

$188k

Popular Projects in Vero Beach

Our pricing estimates use local labor & material costs. With your free Realm account, you can customize pricing based on square footage and quality of materials.

Increase the livable space outside your home with a new deck

Deck

Estimated Cost: $5k - $7k

Sign Up for % Recoup
Completely upgrade your kitchen, from cabinets to countertops, to make it a more enjoyable space for years to come.

Kitchen Renovation

Estimated Cost: $55k - $67k

Sign Up for % Recoup
Give your bathroom a face lift with a smaller remodel

Bathroom Renovation

Estimated Cost: $22k - $27k

Sign Up for % Recoup
Build a detached structure in your existing backyard space to create a private home office.

Backyard Home Office

Estimated Cost: $61k - $74k

Sign Up for % Recoup

See How Your Home Compares

We currently cover standalone, single family homes in all 50 states, but not in every county.

Check our coverage map for more details on your county

Vero Beach

Vero Beach past and present 

Vero Beach has dubbed itself “Where the Tropics Begin.” The humid subtropical climate, with an average temperature of 82° F, has been described as sultry, luring sun worshippers from colder climates to take up at least part-time residence.

The city is probably best known for serving as the spring training headquarters of the Los Angeles Dodgers. The team began making the annual cross-country trek to historic Dodgertown during World War II, until 2008 when it relocated spring training to Arizona. Since that time, Major League Baseball has assumed control of the facility, renamed The Jackie Robinson Training Complex, in honor of the site’s history as the first racially integrated training center in the South.

Vero Beach was incorporated in 1925 with a geographic area of 13.35 square miles. It is located along the Atlantic Ocean in an area known as the Treasure Coast, which got its name in 1715 when a group of Spanish galleons were lost in a hurricane. Eleven of twelve ships sank, taking cargoes of gold and silver into the deep. In the years following, profiteers and pirates plied the waters from Florida to Cuba searching for these treasures. Gold and silver coins still wash up on beaches periodically.

Today, the area’s treasure resides in tourism. With miles and miles of oceanfront and the Indian River Lagoon, which forms a significant part of the Intracoastal Waterway, Vero Beach is a hub for boating, fishing, water skiing, kayak, diving, and jet-ski fun. Disney’s Vero Beach Resort vacation club attracts a significant number of visitors each year.

Piper Aircraft, a general aviation manufacturer best known for the popular Piper Cub, is headquartered in Vero Beach and is the largest private employer in the area. Aside from tourism, other employment centers on the citrus growth and packing industry, and various service industries. The unemployment rate as of September 2021 was on par with the national average. 

Homes and architecture in Vero Beach

Florida vernacular architecture, found in cities across southern Florida, is the dominant style in Vero Beach. Also called Florida Cracker style, the homes are built on a raised foundation to facilitate the air circulation necessary in humid climates. High ceilings allow heat to rise above the living space, and large windows allow cooling cross-breezes. Deep porches or roof overhangs soften the intrusion of sunlight.

Realm’s data analysis indicates that most of the city’s homes were built in 2006 and the Vero Beach housing market shows a few common popular features. As you might expect in such a warm climate, Realm’s data analysis revealed that the most popular home amenity was a swimming pool, cited in 1,099 recent home listings. Roof work, mentioned in 563 listings, and HVAC work, 554 mentions, were the second and third most popular features, which should reassure potential homeowners. Recent work on these critical components (if done well and correctly) can save homeowners costly repairs down the line. Of course, it’s always important to get a thorough inspection before purchasing any home. 

Outdoor living is a given in south Florida, and Realm’s data bears this out, with patios also cracking the top five most popular features in the Vero Beach housing market. They were mentioned in 473 recent local listings, while fences got 466 mentions. While none of the recently listed homes were located within a designated wildfire perimeter, Realm’s data shows that 26% of Vero Beach homes were within a flood zone. Part of Vero Beach is located on a barrier island at sea level, so flood insurance may be a necessary expense for some homeowners.

Frequently asked questions about Vero Beach real estate

What are the real estate market trends in Vero Beach?

The real estate market in Vero Beach has remained relatively stable during the past several years and can be described as somewhat competitive. Unlike many other Florida cities, as of October 2021 it was a buyer’s market in Vero Beach. That means that the number of homes available for sale is greater than the number of buyers. Many of the homes sold in recent months settled at slightly below asking price, with homes remaining on the market for an average of 51 days. In prior years, homes have remained on the market for as long as 80 days. Home values have increased by a modest 1.6% in the past year.

Is it expensive to live in Vero Beach?

As of October 2021, the cost of living in Vero Beach was 2% lower than the national average. Healthcare, housing, and transportation all clocked in below the national average, with housing costs at a whopping 19% lower. In October 2021, the median sale price was $285,000. Before you pack your bags, however, note that utilities rank significantly higher – 28% higher than the rest of the nation. Keep in mind that the humid, subtropical climate frequently dictates the use of air conditioning 24/7.

Is rental property in Vero Beach a solid investment?

Renting out a home in a beachside town, whether vacation weekly or long-term, is usually a safe bet, and Vero Beach is no exception to this rule. Renters make up slightly more than 26% of residents in the city. Seasonal fluctuations can push that number even higher. As of October 2021, home appreciation values in Vero Beach were 11.9%, and this trend is expected to continue. Purchasing rental property in this community should bring a decent return on investment.

Popular Cities Near Vero Beach

See what your home could be worth

We currently cover most standalone, single-family homes