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Melbourne Market Report

$374,589

AVERAGE PRICE OF 704 HOMES

$291,683

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,298,363

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$512,597

AVERAGE PRICE OF 152 NEWLY BUILT HOMES

$416,553

AVERAGE PRICE OF 291 HOMES WITH A POOL

$355,007

AVERAGE PRICE OF 41 REDUCED PRICE HOMES

Average Home

Average Price $374,589
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $101,557
2 bedrooms $182,012
3 bedrooms $305,776
4 bedrooms $483,521
5 bedrooms $554,782
Melbourne Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 693 724 767 835 849
Average Price $383,025 $376,603 $373,984 $359,266 $349,263
Avg Price Change +1.71% +0.70% +4.10% +2.86% +1.77%
Median Price $325,596 $322,571 $322,630 $312,466 $302,423
Med Price Change +0.94% -0.02% +3.25% +3.32% +1.83%
Avg Bedrooms 3.4 beds 3.35 beds 3.32 beds 3.32 beds 3.31 beds
Avg Bathrooms 2.42 baths 2.4 baths 2.38 baths 2.36 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Eau Gallie 231 $324,863 69 days
Melbourne 97 $362,924 76 days
Palm Bay 31 $236,145 51 days
Satellite 11 $326,500 39 days
Viera 327 $427,047 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 704 $374,589 73 days
Distressed Homes 6 $291,683 121 days
Multi-Million Dollar Homes 10 $1,298,363 229 days
Newly Built Homes 152 $512,597 104 days
Homes with a Pool 291 $416,553 64 days
Reduced Price Homes 41 $355,007 56 days
RE/MAX SOLUTIONS
Lindsay Sanger
2235 N. Courtenay Parkway, Suite A
Merritt Island, FL 32953
321-848-8379

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 RE/MAX SOLUTIONS in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.