Melbourne Market Report
$563,414
AVERAGE PRICE OF 844 HOMES$795,682
AVERAGE PRICE OF 62 NEWLY BUILT HOMES$620,319
AVERAGE PRICE OF 303 HOMES WITH A POOL$2,152,320
AVERAGE PRICE OF 59 MULTI-MILLION DOLLAR HOMES$490,914
AVERAGE PRICE OF 47 REDUCED PRICE HOMES$426,000
AVERAGE PRICE OF 4 DISTRESSED HOMESAverage Home
| Average Price | $563,414 |
| Avg Bedrooms | 3.23 beds |
| Avg Bathrooms | 2.32 baths |
Average Price by Bedrooms
| 1 bedroom | $199,783 |
| 2 bedrooms | $268,644 |
| 3 bedrooms | $470,084 |
| 4 bedrooms | $599,383 |
| 5 bedrooms | $772,770 |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Eau Gallie High School | 251 | $485,237 | 85 days |
| West Melbourne Christian Academy | 220 | $594,726 | 73 days |
| Viera High School | 220 | $566,766 | 41 days |
| Palm Bay Christian Academy | 60 | $346,509 | 31 days |
| Satellite Senior High School | 9 | $689,799 | 54 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 844 | $563,414 | 70 days |
| Newly Built Homes | 62 | $795,682 | 155 days |
| Homes with a Pool | 303 | $620,319 | 48 days |
| Multi-Million Dollar Homes | 59 | $2,152,320 | 165 days |
| Reduced Price Homes | 47 | $490,914 | 41 days |
| Distressed Homes | 4 | $426,000 | 80 days |
