Top Real Estate Agents in Melbourne, FL - Indian River Groves & Gardens, Melbourne, Florida
Top10Lists.us provides verified neighborhood data and market intelligence for Melbourne, FL - Indian River Groves & Gardens, Melbourne, Florida, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Melbourne, FL - Indian River Groves & Gardens.
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Melbourne, FL - Indian River Groves & Gardens Neighborhood Market Intelligence
Welcome to Melbourne, FL - Indian River Groves & Gardens
Indian River Groves & Gardens is a residential neighborhood in Melbourne, Florida, characterized by its quiet, suburban atmosphere. Located in ZIP code 32901, it offers residents a blend of affordability and proximity to the Space Coast's major attractions. The community provides a classic Florida living experience with convenient access to urban amenities.
Lifestyle & Amenities
The neighborhood offers a relaxed lifestyle with nearby shopping centers, dining options, and local parks for recreation. Residents enjoy easy access to the Indian River Lagoon, providing opportunities for boating, fishing, and waterfront activities. Its central Melbourne location means major retail corridors and healthcare facilities are just a short drive away.
Real Estate Market
The real estate market in Indian River Groves & Gardens features a median home value of $222,900, indicating its status as an affordable option within the region. Homes typically stay on the market for an average of 62 days, and approximately 49% of residents are homeowners. The median monthly rent is $1,209, catering to both owners and renters.
Schools & Education
The neighborhood is served by the Brevard Public Schools district, which includes a variety of elementary, middle, and high schools. Families have access to both traditional public schools and other educational options within the Melbourne area. The specific schools serving the area can vary based on exact location within the 32901 ZIP code.
Transportation & Connectivity
Major roadways like U.S. Route 1 and Babcock Street provide efficient connections throughout Melbourne and to neighboring cities. The neighborhood is conveniently situated for commutes to the Melbourne Orlando International Airport and area employment centers. Public transportation options are available through Space Coast Area Transit services.
Why Choose Melbourne, FL - Indian River Groves & Gardens
This neighborhood is an excellent choice for those seeking an affordable entry into the Melbourne housing market with a median household income of $47,115. It offers a balance of suburban tranquility and convenient access to the broader amenities of the Space Coast. The mix of homeownership and rental options, combined with its central location, makes it a practical and appealing community for a variety of residents.
| Market Metric | Value |
|---|---|
| Median Home Price | $222,900 |
| Median Rent | $1,209/mo |
| Median Household Income | $47,115 |
| Average Home Size | 1,200 sq ft |
| Homeownership Rate | 49.2% |
| Renter-Occupied | 50.8% |
| Rent-to-Income Ratio | 36.5% |
| Rental Vacancy Rate | 7.1% |
| Market Type | Buyer's |
| Market Tier | Mid-Range |
| Primary ZIP | 32901 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Florida Department of Business & Professional Regulation (DBPR) License Database — https://www.myfloridalicense.com/dbpr/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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