Melbourne Real Estate Market Overview

Could Melbourne, FL be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Melbourne. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Melbourne such as Pa...lm Bay and Rockledge. When you’re ready, Trulia has 590 resale and new homes in Melbourne lined up for you, including 5 open houses, and 241 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$215,000

Median Sales Price

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$118

Price Per Sqft

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$1,497

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Melbourne show a 32% year-over-year rise in median sales price and a 1% rise in median rent per month.

Median Sales Price
The median sales price for homes in Melbourne for May 25 to Aug 24 was $215,000 based on 163 home sales.
Price Per Square Ft.
Average price per square foot for Melbourne was $118, an increase of 18% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Melbourne for Jul 25 to Aug 25 was $1,497.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Melbourne can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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2,514

Counts of Theft

1,506

Counts of Arrest

1,369

Counts of Assault


Best Schools in Melbourne

There are 29 schools in Melbourne.

Elementary Schools
10

Suntree Elementary School

Public, K - 6

10

Manatee Elementary School

Public, K - 6

10

Quest Elementary School

Public, PK - 6

Middle Schools
10

West Shore Junior/Senior High School

Public, 7 - 12

7

Lyndon B. Johnson Middle School

Public, 7 - 8

7

Central Middle School

Public, 7 - 8

High Schools
10

West Shore Junior/Senior High School

Public, 7 - 12

8

Viera High School

Public, 9 - 12

7

Melbourne Senior High School

Public, 9 - 12


Demographics

Get to know your neighbors in Melbourne by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
41%
Single residents
Home owners
77%
Home owners
Median age
45
Median age
Household income
$47,678
Median household income
College educated
35%
College educated

Commute

Most people in Melbourne commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
98% commute by car
0% commute by bike
0% commute by public transportation
0% commute by foot

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