Real Estate Market Update for 32935 (Melbourne, FL)
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 14% from one year earlier, and down 14% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was 60-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change ... reflecting virtually no change in the local inventory-turnover rate. The number of units sold was consistent year-over-year, and held steady month-over-month. ... an indication that local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 32935 (Melbourne, FL)
Area Information for 32935 (Melbourne, FL)
  • Population: 39,704
  • Median Age: 43.57 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 3,085/sq mi
  • Population Change Since 2000: -.84%
  • Closest Airport: Melbourne International
  • Closest College: Everest University-melbourne Campus
  • Closest Jr. College: Brevard Community College-melbourne
  • Median Household Income: $42,078
  • Annual Residential Turnover: 14%
  • Median Home Sales Price: $86,650
  • Closest Major Sports Team: Brevard County Manatees (a)
  • Change Avg. Household Income Since 2000: 20.25%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 32935 (Melbourne, FL)
Median Age: 43.57 Married: 37% Number of Households: 17,887 Households with Children: 4,058
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 32935 (Melbourne, FL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Croton Elementary School 0.1 mi Public PRESCHOOL-6 3 4
      Eau Gallie High School 0.5 mi Public 9-12 3-5 4
      Rising Stars Academy 0.7 mi Private K-12 0 4
      Journeys Academy Educational Pathways To Sucess 0.7 mi Private 2-12 0 0
      Community Christian School 0.8 mi Private K-12 0 3
      Lyndon B. Johnson Middle School 0.8 mi Public 7-8 2-5 4
      Dr. W.j. Creel Elementary School 0.9 mi Public PRESCHOOL-6 3-5 4
      Harbor City Elementary School 1.0 mi Public PRESCHOOL-6 3 4
      Sabal Elementary School 1.0 mi Public PRESCHOOL-6 3 3
      Roy Allen Elementary School 1.1 mi Public PRESCHOOL-6 4 3
      South Area Alternative Learning Center 1.3 mi Public 6-12 0 3
      Sancta Familia Academy 1.5 mi Catholic PRESCHOOL-12 0 5
      Holy Family Traditional Catholic School 1.7 mi Catholic K-2 0 0
      Ascension Catholic School 1.9 mi Catholic PRESCHOOL-8 0 5
      Westshore Junior/senior High School 2.4 mi Public 7-12 5 5
      Sherwood Elementary School 2.9 mi Public PRESCHOOL-6 3 4
      Longleaf Elementary School 3.5 mi Public PRESCHOOL-6 4-5 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for 32935 (Melbourne, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.