Melbourne Beach, FL Home Values & Market Trends
Real estate market trends reflect that there have been 329 transactions over the past year in Melbourne Beach. The median value for residential home transactions that occurred over the previous year is $666,232.55. The number of current listings in Melbourne Beach is 56, and the percentage of properties for sale in the city is 56.00%. Melbourne Beach, FL currently has 22 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 56 properties for sale.
Melbourne Beach, FL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 32951 | $ 720,250 $ 373/sqft |
Housing Market Summary for Melbourne Beach, FL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $760K | $567K | -25.40% |
| Median Sold Price | $646.8K | $567K | -12.34% |
| Homes For Sale | 65 | 57 | -12.31% |
| Homes Sold | 235 | 241 | 2.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Melbourne Beach, FL
Browse Homes in Melbourne Beach, FL
Melbourne Beach home values range from $25,258 to $27,740,269. The median estimated value of a home in Melbourne Beach is $666,232.55. The median list price of a home is 744,450, and the total count of properties in the city is 6,807.
- Pre-ForeclosurePre-foreclosure homes account for 0.31% of all residential properties in Melbourne Beach, FL with 32951 containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Melbourne Beach, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $4,580,975 in 32951 to the lowest home value of $376,103 in 32951.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Melbourne Beach, FL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Melbourne Beach, FL. There is 1 zips within Melbourne Beach, FL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions32951 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Melbourne Beach, FL. Auction homes and other auction properties account for 0.01% of all properties in Melbourne Beach, FL. There is 1 zips within Melbourne Beach, FL; of that zips, the median estimated home value for homes going to auction ranges from $235,358 in 32951 to the lowest value of $235,358 in 32951.
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Guide for Melbourne Beach, FL
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