If you need assistance, please call 321-613-5922

Melbourne Market Report

$582,917

AVERAGE PRICE OF 1,237 HOMES

$292,145

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,822,324

AVERAGE PRICE OF 113 MULTI-MILLION DOLLAR HOMES

$801,161

AVERAGE PRICE OF 175 NEWLY BUILT HOMES

$617,974

AVERAGE PRICE OF 508 HOMES WITH A POOL

$469,423

AVERAGE PRICE OF 88 REDUCED PRICE HOMES

Average Home

Average Price $582,917
Avg Bedrooms 2.89 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $184,668
2 bedrooms $280,727
3 bedrooms $505,478
4 bedrooms $676,479
5 bedrooms $936,981
Melbourne Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 1,121 1,050 989 880 n/a
Average Price $586,582 $613,243 $622,808 $639,245 n/a
Avg Price Change -4.55% -1.56% -2.64% n/a n/a
Median Price $449,252 $449,928 $455,475 $427,909 n/a
Med Price Change -0.15% -1.23% +6.44% n/a n/a
Avg Bedrooms 2.81 beds 2.81 beds 2.82 beds 2.71 beds n/a
Avg Bathrooms 2.3 baths 2.29 baths 2.27 baths 1.93 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Viera 455 $590,831 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,237 $582,917 60 days
Distressed Homes 11 $292,145 56 days
Multi-Million Dollar Homes 113 $1,822,324 80 days
Newly Built Homes 175 $801,161 77 days
Homes with a Pool 508 $617,974 54 days
Reduced Price Homes 88 $469,423 52 days