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  • Melbourne Market Report

    $344,817

    AVERAGE PRICE OF 838 HOMES

    $205,190

    AVERAGE PRICE OF 22 DISTRESSED HOMES

    $1,299,683

    AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

    $452,685

    AVERAGE PRICE OF 183 NEWLY BUILT HOMES

    $410,104

    AVERAGE PRICE OF 318 HOMES WITH A POOL

    $304,497

    AVERAGE PRICE OF 40 REDUCED PRICE HOMES

    Average Home

    Average Price $344,817
    Avg Bedrooms 3.33 beds
    Avg Bathrooms 2.33 baths

    Average Price by Bedrooms

    1 bedroom $97,313
    2 bedrooms $176,871
    3 bedrooms $297,558
    4 bedrooms $439,194
    5 bedrooms $539,116
    Melbourne Home Price Trends
      12/2018 11/2018 10/2018 9/2018 8/2018
    Total Listings 851 834 788 750 754
    Average Price $340,280 $344,817 $348,622 $350,279 $358,186
    Avg Price Change -1.33% -1.10% -0.48% -2.26% -1.19%
    Median Price $292,837 $300,943 $308,101 $308,641 $314,243
    Med Price Change -2.77% -2.38% -0.18% -1.82% -1.35%
    Avg Bedrooms 3.31 beds 3.3 beds 3.29 beds 3.32 beds 3.34 beds
    Avg Bathrooms 2.3 baths 2.31 baths 2.31 baths 2.32 baths 2.35 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Eau Gallie 250 $302,496 74 days
    Melbourne 120 $318,140 84 days
    Palm Bay 55 $226,675 46 days
    Satellite 14 $289,021 90 days
    Viera 385 $396,478 105 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 838 $344,817 88 days
    Distressed Homes 22 $205,190 77 days
    Multi-Million Dollar Homes 11 $1,299,683 111 days
    Newly Built Homes 183 $452,685 147 days
    Homes with a Pool 318 $410,104 71 days
    Reduced Price Homes 40 $304,497 64 days
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