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Viera West CDP, FL

ZIP 32940 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 32940

Median Home Value
$444,100
Median Rent
$1,834
Affordability Snapshot
$122,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,853/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 32940 in Viera West CDP, FL, a household would need roughly $122,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,853. That is roughly in line with the local median household income ($106,511). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
84.3%+29% vs US avg
x
Vacancy Rate
5.7%-44% vs US avg
x
Broadband Access
94.9%+9% vs US avg
x
4+ Bedrooms
5.2%-65% vs US avg
x
Built Pre-1939
0.6%-96% vs US avg
x
Built Post-2014
4.3%-38% vs US avg
x
Rent Burden >30%
23.9%-52% vs US avg
x
Mortgage-Free
42.9%+12% vs US avg
x
$444,100
Home Value
$1,834
Rent
2003
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached75.7%
  • 1-unit attached6.8%
  • 2-9 units4.5%
  • 10+ units11.3%
  • Mobile home & other1.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$444,100
Median rent$1,834
Owner-occupied84.3%
Vacant5.7%
Price-to-income4.2x
Est. income to buy$122,000