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

Melbourne Market Report

$505,620

AVERAGE PRICE OF 749 HOMES

$434,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,419,909

AVERAGE PRICE OF 60 MULTI-MILLION DOLLAR HOMES

$874,709

AVERAGE PRICE OF 101 NEWLY BUILT HOMES

$590,279

AVERAGE PRICE OF 317 HOMES WITH A POOL

$471,605

AVERAGE PRICE OF 56 REDUCED PRICE HOMES

Average Home

Average Price $505,620
Avg Bedrooms 3.1 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $179,905
2 bedrooms $406,548
3 bedrooms $470,646
4 bedrooms $879,789
5 bedrooms $907,416
Melbourne Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 61 766 771 767 777
Average Price $555,535 $510,567 $512,113 $514,624 $523,022
Avg Price Change +8.81% -0.30% -0.49% -1.63% n/a
Median Price $425,407 $404,450 $417,746 $417,190 $420,899
Med Price Change +5.18% -3.29% +0.13% -0.89% n/a
Avg Bedrooms 3.06 beds 3.08 beds 3.04 beds 3 beds 3.06 beds
Avg Bathrooms 2.41 baths 2.28 baths 2.18 baths 2.12 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Eau Gallie 206 $489,316 81 days
Melbourne 171 $527,142 89 days
Palm Bay 49 $367,369 72 days
Palm Bay Magnet High 1 $334,000 25 days
Satellite 10 $451,250 46 days
Viera 229 $533,107 56 days
Viera High School 9 $379,211 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 749 $505,620 74 days
Distressed Homes 2 $434,450 208 days
Multi-Million Dollar Homes 60 $1,419,909 142 days
Newly Built Homes 101 $874,709 100 days
Homes with a Pool 317 $590,279 55 days
Reduced Price Homes 56 $471,605 79 days
Offices in Suntree/Melbourne & Merritt Island
3270 Suntree Blvd #203
Melbourne, FL 32940
321-610-4648


1450 N Courtenay Pkwy, Ste. 47
Merritt Island, FL 32953

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