Is Melbourne Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
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
$735,250
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$117,750(+19.1%)
Key Takeaway
Homes in Melbourne Beach have sold for 19.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | $205K | $212K | +3.4% |
| 2 Bedrooms | $368K | $420K | +14.1% |
| 3 Bedrooms | $636.2K | $630K | -1.0% |
| 4 Bedrooms | $674.7K | $915K | +35.6% |
| 5+ Bedrooms | $1.1M | $1.1M | -2.2% |
Median Sold Price Compared To Nearby Cities
| Melbourne Beach | $617.5K | $735.2K | +19.1% |
| Indialantic-Melbourne Beach | $449.9K | $533.8K | +18.7% |
| Indialantic | $590K | $650K | +10.2% |
How many homes are available in Melbourne Beach, FL?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 57 | 81 | +42.1% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 11 | 19 | +72.7% |
| 3 Bedrooms | 25 | 39 | +56.0% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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
Key Takeaway
Avg time on Rocket Homes in Melbourne Beach has remained consistent over time.
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