Housing Prices in Melbourne Village, FL
How much do homes in Melbourne Village, FL cost?
Median List Price
$542,500
$266/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Melbourne Village has increased by 13.1% since last year.
Summary: The median home list price in Melbourne Village was $542,500 in May 2024, up 13.1% from the previous year, and the median price per square foot was $266.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $337.4K | $225K | -33.3% |
| 3 Bedrooms | $425K | $542.5K | +27.6% |
| 4 Bedrooms | $524.9K | $560K | +6.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Melbourne Village housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Melbourne Village | $479.5K | $542.5K | +13.1% |
| Melbourne | $399.3K | $426.6K | +6.8% |
| West Melbourne | $410K | $435K | +6.1% |
Housing Supply in Melbourne Village, FL
How many homes are available in Melbourne Village, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Melbourne Village real estate market had 9 homes for sale in May 2024, a 10.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Melbourne Village housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Melbourne Village, FL
How long does it take to sell a home in Melbourne Village, FL?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 159 Days | 63 Days | -60.2% |
Summary: Homes in Melbourne Village had an average listing age of 63 days in May 2024, down by 60.2% compared to the previous year.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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