Housing Prices in Melbourne Village, FL

How much do homes in Melbourne Village, FL cost?

Median List Price

$535,000

$258/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$56,000(+11.7%)

Key Takeaway

The list price of homes in Melbourne Village has increased by 11.7% since last year.

Summary: The median home list price in Melbourne Village was $535,000 in March 2024, up 11.7% from the previous year, and the median price per square foot was $258.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $337.4K$225K
-33.3%
3 $385K$535K
+39.0%
4 $524.9K$560K
+6.7%
5+ --
N/A

Summary: Melbourne Village housing prices by bedroom type for March 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 39%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Melbourne Village
+11.7%
Melbourne
+7.8%
West Melbourne
+6.3%

Housing Supply in Melbourne Village, FL

How many homes are available in Melbourne Village, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
15+400.0%

Summary: The Melbourne Village real estate market had 5 homes for sale in March 2024, a 400.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 14
+300.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Melbourne Village housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 300%, 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

Mar 2023Mar 2024CHANGE
121 Days35 Days-70.9%

Summary: Homes in Melbourne Village had an average listing age of 35 days in Mar 2024, down by 70.9% compared to the previous year.

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

Report Updated 25 Days Ago

Newest Listings in Melbourne Village, FL

Nearby Markets to Melbourne Village, FL

What housing markets are near Melbourne Village, FL?