Is Melbourne Village, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Melbourne Village has remained a Seller's Market.
Key Takeaway
Melbourne Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Melbourne Village, FL cost?
Median Sold Price
$302,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
-$34,500(-10.2%)
Key Takeaway
Homes in Melbourne Village have sold for 10.2% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $182.7K | $262.5K | +43.6%  |
| 3 Bedrooms | $339.4K | $370K | +9.0% |
| 4 Bedrooms | $375K | $250K | -33.3% |
| 5+ Bedrooms | $530.8K | - | N/A |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Melbourne | +23.0% |
| West Melbourne | +22.4% |
| Melbourne Village | -10.2% |
How many homes are available in Melbourne Village, FL?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 4 | 5 | +25.0% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3%  |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Melbourne Village, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Copyright © 2022 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 Brevard Multiple Listing Service. 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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