In July 2024, Melbourne, FL homes were selling for an average price of $507,884, Melbourne, FL homes on average sell after 68 days on the market compared to 53 days last year. There were 276 homes sold in Melbourne, FL for July 2024, compared to 230 last year.
The average list price of Melbourne, FL, was $967,456 in July 2024, compared to $732,102 in July 2023.
Melbourne, FL Market Trend for Houses
Average List Price
The average list price of houses in Melbourne, FL, was $965,184 in July 2024, compared to $745,051 in July 2023.
Melbourne, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Melbourne, FL, was $495,483 in July 2024, compared to $555,450 in July 2023.
Melbourne, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Melbourne, FL, was $877,000 in July 2024, compared to $949,300 in July 2023.
Melbourne, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Melbourne, FL, was $1,991,479 in July 2024, compared to $1,070,590 in July 2023.
Melbourne, FL Housing Market Analysis
The average list price in Melbourne, FL is $967,456. The average list price in Melbourne, FL went up 31.00% from 2023 to 2024. Melbourne, FL home resale inventories is 163, which increased 154.69% since 2023. The average list price per square foot in Melbourne, FL is $333. 2023 it was $304.
