Real Estate Market Update for Melbourne, FL
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 10% from one year earlier, and up 28% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 46%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 340-thousand dollars. The number of units sold increased more than 200% year-over-year, and increased more than 125% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 Melbourne, FL
Area Information for Melbourne, FL
  • Population: 82,709
  • Median Age: 43.35 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 1,879/sq mi
  • Population Change Since 2000: 12.61%
  • Closest Airport: Melbourne International
  • Closest College: Everest University-melbourne Campus
  • Closest Jr. College: Brevard Community College-melbourne
  • Median Household Income: $42,912
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $175,000
  • Closest Major Sports Team: Brevard County Manatees (a)
  • Change Avg. Household Income Since 2000: 29.77%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Melbourne, FL
Median Age: 43.35 Married: 34% Number of Households: 36,849 Households with Children: 7,017
Community:
    • 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 Melbourne, FL

      School Name Distance Type Grades School Rating Parent Rating
      Rfm Christian Academy 0.1 mi Private K-12 0 0
      Puzzle Box Academy 0.3 mi Private PRESCHOOL-5 0 0
      Melbourne Senior High School 0.6 mi Public 9-12 4 0
      South Area Adult Education-night Program 0.7 mi Public UNGRADE-UNGRADE 0 0
      South Area Adult Education Day Program 0.7 mi Public 9-12 0 0
      Westshore Junior/senior High School 0.8 mi Public 7-12 5 0
      Our Lady Of Lourdes School 1.1 mi Catholic PRESCHOOL-8 0 0
      Florida Preparatory Academy 1.4 mi Private 5-12 0 0
      Sancta Familia Academy 2.1 mi Catholic PRESCHOOL-12 0 0
      Wavecrest Academy 2.1 mi Private K- 0 0
      Harbor City Elementary School 2.2 mi Public PRESCHOOL-6 3 0
      Peculiar Priesthood Christian Academy 2.3 mi Private K-12 0 0
      Shiloh Christian Academy 2.3 mi Private PRESCHOOL-12 0 0
      Stone Magnet Middle School 2.5 mi Public 7-8 2 0
      Herbert C. Hoover Middle School 2.7 mi Public 7-8 4 0
      Indialantic Elementary School 2.7 mi Public K-6 4 0
      Melbourne Central Catholic High School 2.8 mi Catholic 9-12 0 0
      Bright Horizons Academy 2.8 mi Private PRESCHOOL-6 0 0
      Verdi Ecoschool 2.8 mi Private PRESCHOOL-9 0 0
      Rising Stars Academy 2.9 mi Private K-12 0 0
      Community Christian School 2.9 mi Private K-12 0 0
      Eau Gallie High School 3.0 mi Public 9-12 3 0
      Croton Elementary School 3.2 mi Public PRESCHOOL-6 2 0
      Roy Allen Elementary School 3.2 mi Public PRESCHOOL-6 3 0
      Space Coast Early Intervention Center 3.3 mi Private PRESCHOOL-3 0 0
      Palm Bay Magnet Senior High School 3.3 mi Public 9-12 2 0
      Palm Bay High Adult Education 3.3 mi Public UNGRADE-UNGRADE 0 0
      Holy Name Of Jesus Catholic School 3.4 mi Catholic PRESCHOOL-8 0 0
      Educational Horizons Charter School 3.4 mi Public K-6 5 0
      Country Day For Children 3.4 mi Private PRESCHOOL-PRESCHOOL 0 0
      New Hope Lutheran Academy 3.5 mi Private K-8 0 0
      Dr. W.j. Creel Elementary School 3.6 mi Public PRESCHOOL-6 1 0
      W. Melbourne Elementary School For Science 3.6 mi Public K-6 5 0
      Central Middle School 3.7 mi Public 7-8 3 0
      Lyndon B. Johnson Middle School 3.8 mi Public 7-8 3 0
      Sabal Elementary School 4.0 mi Public PRESCHOOL-6 1 0
      Ocean Breeze Elementary School 4.0 mi Public PRESCHOOL-6 4 0
      Brevard Academy 4.0 mi Private K-12 0 0
      Meadowlane Intermediate Elementary School 4.1 mi Public 3-6 4 0
      Calvary Chapel Academy 4.2 mi Private PRESCHOOL-8 0 0
      Riverdale Country Day School 4.3 mi Public K-12 0 0
      South Area Head Start 4.4 mi Public UNGRADE-UNGRADE 0 0
      Palm Bay Academy Charter School 4.4 mi Public K-8 1 0
      Hla Preparatory School 4.4 mi Private 6-12 0 0
      Bread Of Life Christian Academy 4.4 mi Private PRESCHOOL-12 0 0
      South Area Alternative Learning Center 4.5 mi Public 6-12 1 0
      Puzzle Box Academy 4.5 mi Private K-8 0 0
      Mustard Seed Kidz 4.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Journeys Academy Educational Pathways To Sucess 4.6 mi Private 2-12 0 0
      Gemini Elementary School 4.8 mi Public K-6 5 0
      Palm Bay Sda School And Early Childhood Center 4.8 mi Private K-8 0 0
      Riviera Elementary School 5.0 mi Public PRESCHOOL-6 2 0
      Palm Bay Elementary School 5.1 mi Public PRESCHOOL-6 1 0
      Pineapple Cove Classical Academy West Melbourne 5.2 mi Public K-7 3 0
      Imagine Schools At West Melbourne 5.2 mi Public PRESCHOOL-6 2 0
      No Limits Academy 5.2 mi Private 1-12 0 0
      Adventures In Learning 5.2 mi Private - 0 0
      Great Leaps Academy 5.3 mi Private PRESCHOOL-6 0 0
      Surfside Elementary School 5.3 mi Public K-6 4 0
      Lockmar Elementary School 5.6 mi Public PRESCHOOL-6 3 0
      Saint Joseph Catholic School 5.7 mi Catholic PRESCHOOL-8 0 0
      Sherwood Elementary School 5.9 mi Public PRESCHOOL-6 3 0
      Torah Academy 5.9 mi Private 1-1 0 0
      Covenant Christian School 6.0 mi Private PRESCHOOL-12 0 0
      Delaura Middle School 6.1 mi Public 7-8 5 0
      Spessard L. Holland Elementary School 6.2 mi Public PRESCHOOL-6 4 0
      Life Changes Christian Academy 6.3 mi Private K-12 0 0
      Satellite Senior High School 6.3 mi Public 9-12 4 0
      Port Malabar Elementary School 6.5 mi Public K-6 3 0
      Longleaf Elementary School 6.6 mi Public PRESCHOOL-6 5 0
      Wade Christian Academy 6.6 mi Private K-12 0 0
      Coastal Community School 7.0 mi Private - 0 0
      Christa Mcauliffe Elementary School 7.0 mi Public PRESCHOOL-6 3 0
      El Sinai Christian Academy 7.0 mi Private PRESCHOOL-12 0 0
      Pineapple Cove Classical Academy 7.2 mi Public K-6 4 0
      Sea Park Elementary School 7.4 mi Public PRESCHOOL-6 4 0
      Suntree Montessori 7.5 mi Private PRESCHOOL-K 0 0
      Discovery Elementary School 7.8 mi Public K-6 2 0
      Holy Trinity Episcopal Academy 7.9 mi Private PRESCHOOL-12 0 0
      Southwest Middle School 7.9 mi Public 7-8 2 0
      John F. Turner, Senior Elementary School 8.0 mi Public PRESCHOOL-6 1 0
      Suntree Elementary School 8.9 mi Public K-6 5 0
      Royal Palm Charter School 9.0 mi Public PRESCHOOL-8 2 0
      Jupiter Elementary School 9.1 mi Public PRESCHOOL-6 1 0
      Columbia Elementary School 9.1 mi Public PRESCHOOL-6 2 0
      Odyssey Preparatory Charter Academy 10.2 mi Public K-6 3 0
      Suntree United Methodist School 10.2 mi Private PRESCHOOL-K 0 0
      Heritage High School 10.2 mi Public 9-12 3 0
      Odyssey Charter School 10.4 mi Public PRESCHOOL-5 4 0
      Quest Elementary School 10.8 mi Public PRESCHOOL-6 5 0
      Devereux School 11.0 mi Private 1-12 0 0
      Devereux School Of Viera 11.0 mi Private 1-12 0 0
      Bayside High School 11.0 mi Public 9-12 3 0
      Westside Elementary School 11.2 mi Public K-6 3 0
      Brevard Virtual Instruction Program 12.7 mi Public K-12 0 0
      Project Search 12.7 mi Public 11-12 0 0
      Viera Charter School 12.9 mi Public K-8 5 0
      Viera High School 13.1 mi Public 9-12 4 0
      Sunrise Elementary School 13.2 mi Public PRESCHOOL-6 3 0
      Manatee Elementary School 13.9 mi Public K-6 5 0
      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.
      Local Weather for Melbourne, FL
        Data powered by Attom Data Solutions. Copyright© 2020. Information 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.