Melbourne Real Estate Market

Melbourne Market

The median sale price for homes in Melbourne over the last 12 months is $90,000.


The median mortgage debt is $70,166.

Additional Statistics for Single Family Homes and Condos in Melbourne, FL
$206,420
Median Listing Price
47
Median Days on Market
659
Active Listings
12.7%
Distressed Listings
(foreclosures and short sales)
Melbourne, FL Price Trends - Sold vs. Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

Chart Temporarily Unavailable
Melbourne, FL Market Inventory Trends

The number of active listings in Melbourne dropped by 6.5% from the previous month.

The median number of days active properties have been listed is 47. This is significantly shorter than the national average.

The number of sales in June dropped by 82.1% from the previous month.

Chart Temporarily Unavailable
Melbourne, FL Property Ownership

The percent of owner occupied properties in Melbourne is 11.1% below the national average.

The percent of rental properties in Melbourne is 18.62% above the national average which is typical for urban areas.

Chart Temporarily Unavailable

Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.