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Melbourne Market Report

$359,642

AVERAGE PRICE OF 826 HOMES

$251,832

AVERAGE PRICE OF 17 DISTRESSED HOMES

$1,294,954

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$478,211

AVERAGE PRICE OF 195 NEWLY BUILT HOMES

$410,396

AVERAGE PRICE OF 339 HOMES WITH A POOL

$331,678

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

Average Home

Average Price $359,642
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $105,761
2 bedrooms $186,819
3 bedrooms $304,372
4 bedrooms $463,849
5 bedrooms $558,859
Melbourne Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 849 825 851 834 788
Average Price $349,263 $343,186 $340,280 $344,817 $348,622
Avg Price Change +1.77% +0.85% -1.33% -1.10% -0.48%
Median Price $302,423 $297,001 $292,837 $300,943 $308,101
Med Price Change +1.83% +1.42% -2.77% -2.38% -0.18%
Avg Bedrooms 3.31 beds 3.32 beds 3.31 beds 3.3 beds 3.29 beds
Avg Bathrooms 2.34 baths 2.32 baths 2.3 baths 2.31 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Eau Gallie 245 $303,734 78 days
Melbourne 119 $343,361 72 days
Palm Bay 46 $235,705 64 days
Satellite 12 $330,962 56 days
Viera 388 $412,199 104 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 826 $359,642 88 days
Distressed Homes 17 $251,832 102 days
Multi-Million Dollar Homes 15 $1,294,954 126 days
Newly Built Homes 195 $478,211 143 days
Homes with a Pool 339 $410,396 66 days
Reduced Price Homes 44 $331,678 53 days
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