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Melbourne Market Report

$398,641

AVERAGE PRICE OF 771 HOMES

$204,710

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,389,959

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$539,063

AVERAGE PRICE OF 225 NEWLY BUILT HOMES

$479,594

AVERAGE PRICE OF 271 HOMES WITH A POOL

$232,250

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $398,641
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $119,949
2 bedrooms $207,805
3 bedrooms $350,185
4 bedrooms $510,418
5 bedrooms $682,510
Melbourne Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 644 446 488 517 586
Average Price $422,634 $429,609 $420,655 $416,649 $397,309
Avg Price Change -1.65% +2.13% +0.96% +4.87% +1.28%
Median Price $357,904 $360,980 $347,876 $343,745 $332,009
Med Price Change -0.86% +3.77% +1.20% +3.53% +0.07%
Avg Bedrooms 3.2 beds 3.48 beds 3.69 beds 3.69 beds 3.67 beds
Avg Bathrooms 2.23 baths 2.83 baths 3.24 baths 3.24 baths 3.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Eau Gallie 246 $351,693 67 days
Melbourne 127 $397,551 59 days
Palm Bay 40 $262,847 60 days
Satellite 8 $296,749 38 days
Viera 338 $441,926 83 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 771 $398,641 72 days
Distressed Homes 5 $204,710 122 days
Multi-Million Dollar Homes 29 $1,389,959 97 days
Newly Built Homes 225 $539,063 114 days
Homes with a Pool 271 $479,594 55 days
Reduced Price Homes 6 $232,250 34 days
Florida Lifestyle Realty LLC
Jackie Griffin
6500 N. Atlantic Ave. Suite C
Cape Canaveral, FL 32920
321-613-5922

The information displayed on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than Florida Lifestyle Realty LLC in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.com. November 28, 2020
Copyright 11/28/2020 9:53 PM CST New Smyrna Beach Board of REALTORS®, Inc. All rights reserved”. NSBBORMLS data is provided solely for publication on the Internet as a tool for consumers to search and view properties available for sale, which have been listed with NSBBORMLS members. “IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to consumers that may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS”
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