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Melbourne

Why you'd want to live in Melbourne

Gorgeous Area near the East Coast of Florida! Tons of restaurants and places to explore, with just a short hop to the beach!

beach melbourne food entertainment restaurants

Melbourne Market Report

$359,154

AVERAGE PRICE OF 745 HOMES

$189,450

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,291,737

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$423,209

AVERAGE PRICE OF 231 NEWLY BUILT HOMES

$414,120

AVERAGE PRICE OF 254 HOMES WITH A POOL

$347,866

AVERAGE PRICE OF 203 REDUCED PRICE HOMES

Average Home

Average Price $359,154
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.38 baths

Average Price by Bedrooms

1 bedroom $81,299
2 bedrooms $162,423
3 bedrooms $299,337
4 bedrooms $449,195
5 bedrooms $579,632
Melbourne Home Price Trends
  4/2018 3/2018 2/2018 1/2018 12/2017
Total Listings 714 674 653 650 680
Average Price $368,774 $355,863 $342,010 $331,404 $337,307
Avg Price Change +3.63% +4.05% +3.20% -1.78% -3.04%
Median Price $325,000 $311,124 $297,864 $286,191 $285,510
Med Price Change +4.46% +4.45% +4.08% +0.24% -2.78%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.41 baths 2.37 baths 2.35 baths 2.3 baths 2.32 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Eau Gallie 205 $328,460 37 days
Melbourne 85 $317,880 36 days
Palm Bay 53 $217,945 33 days
Satellite 16 $314,578 35 days
Viera 373 $408,011 41 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 745 $359,154 39 days
Distressed Homes 20 $189,450 39 days
Multi-Million Dollar Homes 8 $1,291,737 37 days
Newly Built Homes 231 $423,209 47 days
Homes with a Pool 254 $414,120 36 days
Reduced Price Homes 203 $347,866 47 days

School Data

Highly Rated Melbourne Schools

9

MEADOWLANE ELEMENTARY SCHOOL
Elementary School
Public

8

DELAURA MIDDLE SCHOOL
Middle School
Public

9

INDIALANTIC ELEMENTARY SCHOOL
Middle School
Public

10

MANATEE ELEMENTARY SCHOOL
Middle School
Public

10

QUEST ELEMENTARY SCHOOL
Middle School
Public

8

ROY ALLEN ELEMENTARY SCHOOL
Middle School
Public

8

SEA PARK ELEMENTARY SCHOOL
Middle School
Public

10

SUNTREE ELEMENTARY SCHOOL
Middle School
Public

9

SATELLITE SENIOR HIGH SCHOOL
High School
Public

9

VIERA HIGH SCHOOL
High School
Public