Is Melbourne Beach, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Melbourne Beach is a buyer's market


Difference Since February 2022

At the same time last year, Melbourne Beach was a Seller's Market.

Key Takeaway

Melbourne Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Melbourne Beach, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in Melbourne Beach have sold for 19.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $205K$212K
2 $368K$420K
3 $636.2K$630K
4 $674.7K$915K
5+ $1.1M$1.1M

Median Sold Price Compared To Nearby Cities

Melbourne Beach
Indialantic-Melbourne Beach

How many homes are available in Melbourne Beach, FL?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 10
2 1119
3 2539
4 1719
5+ 34

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Melbourne Beach, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Melbourne Beach has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Melbourne Beach, FL

Melbourne Beach, FL has 81 homes on the market. The number of listings in Melbourne Beach, FL increased by 42.1% between January 2023 and February 2023. The median list price of listings available in February 2023 was $735,250, while the average time on the real estate market was 49 days. Listing prices have changed in this real estate market between January 2023 and February 2023: 1 bedroom properties prices increased by 3.4%, the cost of 2 bedrooms properties went up by 14.1%, prices of 3 bedrooms properties went down by 1%, prices of 4 bedrooms properties increased by 35.6%, 5 bedrooms properties became 2.2% more cheaper. This housing market inventory have changed: number of 1 bedroom homes decreased by 100%, 2 bedrooms homes became 72.7% more available, the quantity of 3 bedrooms homes went up by 56%, the quantity of 4 bedrooms homes went up by 11.8%, 5 bedrooms homes became 33.3% more available. Over 0 listings were sold over their listed price in February 2023 in Melbourne Beach, FL. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price.

Related Housing Market Reports