In May 2024, Melbourne, FL homes were selling for an average price of $562,505, Melbourne, FL homes on average sell after 70 days on the market compared to 49 days last year. There were 269 homes sold in Melbourne, FL for May 2024, compared to 222 last year.
The average list price of Melbourne, FL, was $856,825 in May 2024, compared to $796,280 in May 2023.
Melbourne, FL Market Trend for Houses
Average List Price
The average list price of houses in Melbourne, FL, was $857,378 in May 2024, compared to $830,080 in May 2023.
Melbourne, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Melbourne, FL, was $387,380 in May 2024, compared to $460,700 in May 2023.
Melbourne, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Melbourne, FL, was $663,738 in May 2024, compared to $456,567 in May 2023.
Melbourne, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Melbourne, FL, was $1,488,802 in May 2024, compared to $2,254,700 in May 2023.
Melbourne, FL Housing Market Analysis
The average list price in Melbourne, FL is $856,825. The average list price in Melbourne, FL went up 21.81% from 2023 to 2024. Melbourne, FL home resale inventories is 136, which increased 115.87% since 2023. The average list price per square foot in Melbourne, FL is $322. 2023 it was $304.
