Melbourne Market Report

$445,590

AVERAGE PRICE OF 719 HOMES

$250,040

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,571,795

AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES

$669,641

AVERAGE PRICE OF 149 NEWLY BUILT HOMES

$583,298

AVERAGE PRICE OF 289 HOMES WITH A POOL

$444,390

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $445,590
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $130,027
2 bedrooms $211,511
3 bedrooms $406,004
4 bedrooms $544,249
5 bedrooms $748,311
Melbourne Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 746 781 776 737 753
Average Price $426,969 $420,030 $405,700 $392,448 $392,896
Avg Price Change +1.65% +3.53% +3.38% -0.11% -1.90%
Median Price $333,429 $328,762 $326,337 $314,075 $319,397
Med Price Change +1.42% +0.74% +3.90% -1.69% -1.90%
Avg Bedrooms 2.78 beds 2.8 beds 3.25 beds 2.88 beds 2.87 beds
Avg Bathrooms 2.06 baths 2.09 baths 2.34 baths 2.51 baths 2.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Eau Gallie 199 $444,467 72 days
Melbourne 193 $413,573 64 days
Palm Bay 34 $274,919 58 days
Satellite 12 $550,575 22 days
Viera 254 $476,394 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 719 $445,590 64 days
Distressed Homes 5 $250,040 67 days
Multi-Million Dollar Homes 40 $1,571,795 141 days
Newly Built Homes 149 $669,641 144 days
Homes with a Pool 289 $583,298 63 days
Reduced Price Homes 12 $444,390 18 days
Kissimmee Office
8701 Irlo Bronson Hwy Suite 200
Kissimmee, FL 34747
407-778-5977
Melbourne Office
1900 S. Harbor City Blvd, Ste #229
Melbourne, FL 32904
407-204-9198

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Ā© 2021 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.5/18/2021 12:36 AM CST
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