How much do homes in Melbourne, FL cost?

Median List Price

$238,673

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$38,787(+19.4%)

Key Takeaway

The list price of homes in Melbourne has increased by 19.4% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $80K$99.5K+24.4%
2 $129K$167.3K+29.7%
3 $204.7K$238K+16.3%
4 $269.9K$325K+20.4%
5+ $410K$649.9K+58.5%

Median List Price Compared To Nearby Cities

Melbourne
+19.4%
Indialantic-Melbourne Beach
+13.0%
Melbourne Village
+12.5%
West Melbourne
+10.3%
Indian Harbour Beach
+3.3%

How many homes are available in Melbourne, FL?

Number of Homes For Sale

Apr 2021May 2021%
513484-5.7%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 18180.0%
2 80800.0%
3 295276-6.4%
4 91910.0%
5+ 2919-34.5%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

May 2020May 2021%
132 Days103 Days-21.4%

Breakdown of Home Sale Times

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About Melbourne, FL

There are 484 homes are for sale in Melbourne, FL real estate market.

In May 2021, listings were on the market for 103 days. During the same period, the median list price in this real estate market was $238,673.

This housing market listing prices have changed between April 2021 and May 2021: 1 bedroom properties prices increased by 24.4%, the cost of 2 bedrooms properties went up by 29.7%, the cost of 3 bedrooms properties went up by 16.3%, prices of 4 bedrooms properties went up by 20.4%, 5 bedrooms properties prices increased by 58.5%.

In May 2021 in Melbourne, FL there were 5.7% less homes for sale than in April 2021.

Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went down by 6.4%, 4 bedrooms homes did not move, volume of 5 bedrooms homes went dowm by 34.5%.

In May 2021, from all listings sold in Melbourne, FL there were more than 48 sold above asking price, over 45 sold below and more than 43 were sold right at the asked price.

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