Explore Malabar
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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 Prices in Malabar, FL
The median home sale price in Malabar, FL is $595,000, up 1% year-over-year. Homes in Malabar sell in 78 days on average, compared to the national average of 57 days.
Home Price Trends
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Median Sale Price
$595,000
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Median Single Family Sale Price
$600,000
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Median 2 Bedroom Sale Price
$515,000
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Median 1 Bedroom Sale Price
$242,500
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Average Price Per Sq Ft
$264
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Number of Homes for Sale
11
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Last 12 months Home Sales
63
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Months of Supply
2.10
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Median List Price
$660,000
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Median Change From 1st List Price
9%
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Median Home Sale Price YoY Change
1%
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