In May 2024, Melbourne, FL homes were selling for an average price of $541,536, Melbourne, FL homes on average sell after 70 days on the market compared to 52 days last year. There were 272 homes sold in Melbourne, FL for May 2024, compared to 220 last year.
The average list price of Melbourne, FL, was $868,315 in May 2024, compared to $702,728 in May 2023.
Melbourne, FL Market Trend for Houses
Average List Price
The average list price of houses in Melbourne, FL, was $873,534 in May 2024, compared to $797,673 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 $378,134 in May 2024, compared to $441,031 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 $1,488,802 in May 2024, compared to $1,007,050 in May 2023.
Melbourne, FL Housing Market Analysis
The average list price in Melbourne, FL is $868,315. The average list price in Melbourne, FL went up 23.45% from 2023 to 2024. Melbourne, FL home resale inventories is 139, which increased 120.63% since 2023. The average list price per square foot in Melbourne, FL is $324. 2023 it was $304.
