Why Live in Malabar
Malabar, FL, nestled on Florida's Space Coast, offers a unique blend of rural charm and coastal beauty. Residents often witness dolphin pods in the Indian River and alligators among the mangroves at Turkey Creek Sanctuary. The town is characterized by its farmland, where backyard chickens and goats are common, and horses roam larger properties. While Malabar lacks a commercial center, nearby Palm Bay provides retail options, and Melbourne offers cultural experiences. Housing in Malabar ranges from manufactured homes to luxury waterfront estates with Mediterranean-inspired designs. The Brevard Public School System serves local students, with Palm Bay Magnet High School offering specialized STEAM programs. Dining options include the Shack Riverfront Restaurant & Outback Tiki Bar and the historic Old Fish House Bar and Grill, known for its fried green tomatoes. Outdoor activities are plentiful, with kayaking at Turkey Creek Sanctuary and disc golf at Malabar Disc Golf Sanctuary. For arts and culture, residents visit downtown Melbourne's Henegar Center for the Arts. Essential services are accessible, with Melbourne Orlando International Airport 9 miles away and Palm Bay Hospital 3 miles inland.
Home Trends in Malabar, FL
On average, homes in Malabar, FL sell after 60 days on the market compared to the national average of 51 days. The median sale price for homes in Malabar, FL over the last 12 months is $582,500, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$582,500
Median Single Family Sale Price
$599,000
Average Price Per Sq Ft
$283
Number of Homes for Sale
12
Last 12 months Home Sales
16
Median List Price
$685,000
Median Change From 1st List Price
15%
Median Home Sale Price YoY Change
-16%