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  • Melbourne Market Report

    $363,078

    AVERAGE PRICE OF 823 HOMES

    $264,560

    AVERAGE PRICE OF 15 DISTRESSED HOMES

    $1,279,645

    AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

    $474,928

    AVERAGE PRICE OF 200 NEWLY BUILT HOMES

    $415,555

    AVERAGE PRICE OF 338 HOMES WITH A POOL

    $346,146

    AVERAGE PRICE OF 47 REDUCED PRICE HOMES

    Average Home

    Average Price $363,078
    Avg Bedrooms 2.66 beds
    Avg Bathrooms 1.69 baths

    Average Price by Bedrooms

    1 bedroom $121,005
    2 bedrooms $163,295
    3 bedrooms $309,044
    4 bedrooms $468,339
    5 bedrooms $568,439
    Melbourne Home Price Trends
      2/2019 1/2019 12/2018 11/2018 10/2018
    Total Listings 850 825 851 834 788
    Average Price $349,013 $343,186 $340,280 $344,817 $348,622
    Avg Price Change +1.70% +0.85% -1.33% -1.10% -0.48%
    Median Price $302,228 $297,001 $292,837 $300,943 $308,101
    Med Price Change +1.76% +1.42% -2.77% -2.38% -0.18%
    Avg Bedrooms 2.66 beds 3.32 beds 3.31 beds 3.3 beds 3.29 beds
    Avg Bathrooms 1.67 baths 2.32 baths 2.3 baths 2.31 baths 2.31 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Eau Gallie 232 $310,053 78 days
    Melbourne 120 $343,731 72 days
    Palm Bay 43 $237,591 65 days
    Satellite 11 $334,249 60 days
    Viera 400 $411,431 103 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 823 $363,078 58 days
    Distressed Homes 15 $264,560 108 days
    Multi-Million Dollar Homes 16 $1,279,645 121 days
    Newly Built Homes 200 $474,928 143 days
    Homes with a Pool 338 $415,555 65 days
    Reduced Price Homes 47 $346,146 58 days
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