If you need assistance, please call 321-610-4648

Melbourne

Why you'd want to live in Melbourne

Melbourne is Brevard's central city and what some consider to be the capital of the county. It contains the second largest concentration of engineers and engineering firms in the United States, second only to Silicon Valley. Its historic downtown area provides an ever increasing amount of entertainment, dining, and unique shopping options. With quick access to the beaches, via three causeways, its own airport and being the logistic center of the Space Coast, Melbourne is the perfect area for anyone looking for growth opportunity while desiring the Florida vacation lifestyle we all know and love.

Melbourne Market Report

$596,286

AVERAGE PRICE OF 1,159 HOMES

$610,402

AVERAGE PRICE OF 432 HOMES WITH A POOL

$520,683

AVERAGE PRICE OF 79 REDUCED PRICE HOMES

$374,211

AVERAGE PRICE OF 8 DISTRESSED HOMES

$2,013,635

AVERAGE PRICE OF 108 MULTI-MILLION DOLLAR HOMES

$820,203

AVERAGE PRICE OF 146 NEWLY BUILT HOMES

Average Home

Average Price $596,286
Avg Bedrooms 2.61 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $197,110
2 bedrooms $266,801
3 bedrooms $453,099
4 bedrooms $628,174
5 bedrooms $855,832
Melbourne Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 1,118 1,050 936 52 53
Average Price $602,656 $612,851 $627,603 $426,487 $425,190
Avg Price Change -1.69% -2.41% +47.16% +0.31% +0.24%
Median Price $444,412 $450,477 $423,888 $359,653 $367,276
Med Price Change -1.36% +6.27% +17.86% -2.12% -8.06%
Avg Bedrooms 2.76 beds 2.89 beds 2.94 beds 3.25 beds 3.31 beds
Avg Bathrooms 2.11 baths 2.19 baths 2.11 baths 2.25 baths 2.28 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Viera 400 $604,389 41 days
Viera High School 6 $497,200 33 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,159 $596,286 56 days
Homes with a Pool 432 $610,402 36 days
Reduced Price Homes 79 $520,683 29 days
Distressed Homes 8 $374,211 58 days
Multi-Million Dollar Homes 108 $2,013,635 161 days
Newly Built Homes 146 $820,203 93 days
Burke Group Real Estate
1450 N Courtenay Pkwy, Ste. 47
Merritt Island, FL 32953
321-610-4648

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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 Salvatore Burke - Burke Real Estate Group in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2024 Space Coast Association of REALTORS®, Inc. All rights reserved.
mls logo© 2024 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.3/1/2024 9:27 AM CST
This site powered by CINC: www.cincpro.com