If you need assistance, please call 321-613-5922

Melbourne Market Report

$582,824

AVERAGE PRICE OF 1,498 HOMES

$264,080

AVERAGE PRICE OF 15 DISTRESSED HOMES

$2,076,744

AVERAGE PRICE OF 127 MULTI-MILLION DOLLAR HOMES

$767,034

AVERAGE PRICE OF 196 NEWLY BUILT HOMES

$764,217

AVERAGE PRICE OF 327 HOMES WITH A POOL

$529,233

AVERAGE PRICE OF 101 REDUCED PRICE HOMES

Average Home

Average Price $582,824
Avg Bedrooms 2.95 beds
Avg Bathrooms 3.62 baths

Average Price by Bedrooms

1 bedroom $166,979
2 bedrooms $273,904
3 bedrooms $453,829
4 bedrooms $651,151
5 bedrooms $918,185
Melbourne Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 1,470 1,427 1,394 1,338 1,245
Average Price $600,349 $605,875 $610,135 $609,029 $596,817
Avg Price Change -0.92% -0.70% +0.18% +2.05% +1.07%
Median Price $440,404 $436,877 $441,947 $442,996 $441,176
Med Price Change +0.81% -1.16% -0.24% +0.41% -0.23%
Avg Bedrooms 2.98 beds 2.93 beds 2.92 beds 2.9 beds 2.85 beds
Avg Bathrooms 3.08 baths 3.08 baths 3.13 baths 3.16 baths 2.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Viera 586 $603,998 96 days
Total Homes Average Price Avg Days on Site
All Homes 1,498 $582,824 103 days
Distressed Homes 15 $264,080 85 days
Multi-Million Dollar Homes 127 $2,076,744 195 days
Newly Built Homes 196 $767,034 159 days
Homes with a Pool 327 $764,217 98 days
Reduced Price Homes 101 $529,233 77 days