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  • Melbourne Market Report

    $385,632

    AVERAGE PRICE OF 668 HOMES

    $243,422

    AVERAGE PRICE OF 9 DISTRESSED HOMES

    $1,392,126

    AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

    $493,900

    AVERAGE PRICE OF 153 NEWLY BUILT HOMES

    $439,037

    AVERAGE PRICE OF 279 HOMES WITH A POOL

    $422,342

    AVERAGE PRICE OF 40 REDUCED PRICE HOMES

    Average Home

    Average Price $385,632
    Avg Bedrooms 2.71 beds
    Avg Bathrooms 2.21 baths

    Average Price by Bedrooms

    1 bedroom $106,561
    2 bedrooms $146,607
    3 bedrooms $310,302
    4 bedrooms $496,586
    5 bedrooms $579,894
    Melbourne Home Price Trends
      5/2019 4/2019 3/2019 2/2019 1/2019
    Total Listings 725 768 836 850 825
    Average Price $376,228 $373,633 $359,000 $349,013 $343,186
    Avg Price Change +0.69% +4.08% +2.86% +1.70% +0.85%
    Median Price $322,270 $322,346 $312,256 $302,228 $297,001
    Med Price Change -0.02% +3.23% +3.32% +1.76% +1.42%
    Avg Bedrooms 2.67 beds 2.66 beds 2.66 beds 2.66 beds 3.32 beds
    Avg Bathrooms 2.2 baths 2.19 baths 1.68 baths 1.67 baths 2.32 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Eau Gallie 194 $369,893 82 days
    Melbourne 96 $349,590 79 days
    Palm Bay 34 $243,097 65 days
    Satellite 13 $320,011 60 days
    Viera 321 $423,376 102 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 668 $385,632 76 days
    Distressed Homes 9 $243,422 79 days
    Multi-Million Dollar Homes 13 $1,392,126 185 days
    Newly Built Homes 153 $493,900 150 days
    Homes with a Pool 279 $439,037 73 days
    Reduced Price Homes 40 $422,342 48 days