In May 2024, Melbourne, FL homes were selling for an average price of $545,449, Melbourne, FL homes on average sell after 71 days on the market compared to 52 days last year. There were 267 homes sold in Melbourne, FL for May 2024, compared to 222 last year.
The average list price of Melbourne, FL, was $842,828 in May 2024, compared to $716,872 in May 2023.
Melbourne, FL Market Trend for Houses
Average List Price
The average list price of houses in Melbourne, FL, was $833,838 in May 2024, compared to $816,616 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 $375,092 in May 2024, compared to $475,860 in May 2023.
Melbourne, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Melbourne, FL, was $722,843 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 $1,540,897 in May 2024, compared to $1,007,050 in May 2023.
Melbourne, FL Housing Market Analysis
The average list price in Melbourne, FL is $842,828. The average list price in Melbourne, FL went up 19.82% from 2023 to 2024. Melbourne, FL home resale inventories is 144, which increased 128.57% since 2023. The average list price per square foot in Melbourne, FL is $317. 2023 it was $304.
