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Melbourne Market Report

$381,783

AVERAGE PRICE OF 742 HOMES

$245,196

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,289,030

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$482,404

AVERAGE PRICE OF 183 NEWLY BUILT HOMES

$438,127

AVERAGE PRICE OF 320 HOMES WITH A POOL

$358,594

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $381,783
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

1 bedroom $113,499
2 bedrooms $191,930
3 bedrooms $327,167
4 bedrooms $495,168
5 bedrooms $578,489
Melbourne Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 835 849 825 851 834
Average Price $359,266 $349,263 $343,186 $340,280 $344,817
Avg Price Change +2.86% +1.77% +0.85% -1.33% -1.10%
Median Price $312,466 $302,423 $297,001 $292,837 $300,943
Med Price Change +3.32% +1.83% +1.42% -2.77% -2.38%
Avg Bedrooms 3.32 beds 3.31 beds 3.32 beds 3.31 beds 3.3 beds
Avg Bathrooms 2.36 baths 2.34 baths 2.32 baths 2.3 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Eau Gallie 219 $346,076 76 days
Melbourne 95 $378,295 83 days
Palm Bay 29 $231,132 73 days
Satellite 11 $337,049 47 days
Viera 375 $414,290 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 742 $381,783 93 days
Distressed Homes 16 $245,196 76 days
Multi-Million Dollar Homes 14 $1,289,030 159 days
Newly Built Homes 183 $482,404 146 days
Homes with a Pool 320 $438,127 71 days
Reduced Price Homes 37 $358,594 49 days
Keller Williams Brevard - The Visionary Team Powered by The Jackie Ellis Real Estate Network
Leonor Kryla
6905 N. Wickham Rd, Ste. 110
Melbourne, FL 32940
561-965-1225

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 Erin Ellis - palmbeachflhomesource.com in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
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