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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Titusville, FL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Titusville, FL Housing Market Trends

With 49,319 people, 19,883 houses or apartments, and a median cost of homes of $270,028, Titusville real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Titusville, accounting for 61.47% of the city's housing units. Other types of housing that are prevalent in Titusville include large apartment complexes or high rise apartments ( 22.63%), duplexes, homes converted to apartments or other small apartment buildings ( 7.09%), and a few row houses and other attached homes ( 4.47%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Titusville. Owner-occupied housing accounts for 70.13% of Titusville's homes, and 61.68% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Titusville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Titusville built between 1940-1969 ( 32.70%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.48%).

Vacant housing appears to be an issue in Titusville. Fully 17.64% of the housing stock is classified as vacant. Left unchecked, vacant Titusville homes and apartments can be a drag on the real estate market, holding Titusville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Titusville Home Appreciation Rates

In the last 10 years, Titusville has experienced some of the highest home appreciation rates of any community in the nation. Titusville real estate appreciated 204.17% over the last ten years, which is an average annual home appreciation rate of 11.77%, putting Titusville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Titusville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Titusville appreciation rates have trailed the rest of the nation. In the last twelve months, Titusville's appreciation rate has been 3.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Titusville were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Florida, our data show that Titusville's latest annual appreciation rate is lower than 70% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Titusville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Titusville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Titusville real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$270,028

Titusville, FL Home Prices
> $1,418,000
$1,064,001 - $1,418,000
$709,001 - $1,064,000
$567,001 - $709,000
$425,001 - $567,000
$284,001 - $425,000
$141,001 - $284,000
$71,001 - $141,000
$0 - $71,000
0.7%
0.7%
0.6%
0.6%
4.4%
4.4%
6.4%
6.4%
13.0%
13.0%
25.4%
25.4%
37.4%
37.4%
7.7%
7.7%
4.4%
4.4%
0% 100.0%
% of Homes
Low

for Florida

Average

for nation

Number of Homes And Apartments:

19,883

Titusville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,622 / per month

Homeownership Rate

Owners
Renters
70.1%
70.1%
29.9%
29.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
17.6%
17.6%
82.4%
82.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
21.5%
21.5%
44.9%
44.9%
32.7%
32.7%
0.9%
0.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
61.5%
61.5%
4.5%
4.5%
7.1%
7.1%
22.6%
22.6%
4.3%
4.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.9%
0.9%
7.6%
7.6%
28.4%
28.4%
44.9%
44.9%
16.7%
16.7%
1.4%
1.4%
0% 100.0%
% of Homes