Rockets and Real Estate: How the Space Industry Drives Brevard Home Values

While parts of Florida's Gulf Coast saw home values fall this year, Brevard held steady. A big reason is what's happening at the Cape.

A record year for launches

The Space Coast hosted a record 109 launches in 2025, breaking the old record of 93. The 45th Space Launch Delta planned for 100 to 120 launches in 2026, and industry leaders talk about as many as 300 a year by 2035. The Department of the Air Force has also put about $800 million toward Space Coast launch infrastructure.

Jobs that bring buyers

Every rocket needs people to build, test, launch and recover it. Recent announcements include:

• Lockheed Martin: A $140 million facility in Titusville, expected to add about 300 high-paying jobs.
• Relativity Space: A $350 million project at Space Coast Regional Airport in Titusville.
• Blue Origin: Continued manufacturing and operations investment that has doubled its Brevard footprint.
• CesiumAstro: A $25 million Melbourne expansion expected to bring about 100 jobs.

Add SpaceX, United Launch Alliance, NASA, L3Harris, Northrop Grumman and Patrick Space Force Base, and Brevard has one of the deepest aerospace job bases in the country.

Where aerospace buyers are looking

• North Brevard (Titusville, Port St. John, Mims): Shortest commute to Kennedy Space Center. These are now some of the tightest markets in the county.
• Merritt Island: Close to both KSC and Cape Canaveral Space Force Station, with waterfront options.
• Viera and Suntree: Popular with relocating engineers and managers who want newer homes and strong schools.
• Melbourne and Palm Bay: Close to L3Harris, Northrop Grumman and the Melbourne airport tech corridor.

What it means for you

Job growth puts a floor under home values. If you're selling near KSC or the Melbourne tech corridor, relocating buyers are a big part of your market. If you're relocating, start your search with your commute, then work outward.

Moving to the Space Coast for a job at the Cape? Call or text Emily Garry, Realtor®, at 321-368-7680 for a neighborhood-by-commute game plan.

FAQ

How many rocket launches were there on the Space Coast in 2025? The Space Coast hosted a record 109 launches in 2025, up from 93 in 2024.

Where should I live if I work at Kennedy Space Center? Titusville, Port St. John and Merritt Island offer the shortest commutes to Kennedy Space Center.

Are aerospace jobs growing in Brevard County? Yes. Recent investments include Lockheed Martin's $140 million Titusville facility, Relativity Space's $350 million project and Blue Origin's expanded Brevard operations.

About the author: Emily Garry is a Realtor® with The Garry Team (The G Home Collective at Real Broker), based on Merritt Island. She has about 10 years of experience helping buyers and sellers across Brevard County, from Titusville to Melbourne and the beaches. Call or text 321-368-7680 or email emily@emilygarry.com.