In October 2023, Melbourne, FL homes were selling for an average price of $561,374, Melbourne, FL homes on average sell after 59 days on the market compared to 36 days last year. There were 236 homes sold in Melbourne, FL for October 2023, compared to 232 last year.
The average list price of Melbourne, FL, was $717,197 in October 2023, compared to $669,250 in October 2022.
Melbourne, FL Market Trend for Houses
Average List Price
The average list price of houses in Melbourne, FL, was $667,969 in October 2023, compared to $548,939 in October 2022.
Melbourne, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Melbourne, FL, was $590,475 in October 2023, compared to $629,200 in October 2022.
Melbourne, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Melbourne, FL, was $777,150 in October 2023, compared to $958,500 in October 2022.
Melbourne, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Melbourne, FL, was $978,504 in October 2023, compared to $4,750,000 in October 2022.
Melbourne, FL Housing Market Analysis
The average list price in Melbourne, FL is $717,197. The average list price in Melbourne, FL went down 2.45% from 2022 to 2023. Melbourne, FL home resale inventories is 73, which increased 46.00% since 2022. The average list price per square foot in Melbourne, FL is $278. 2022 it was $312.
