The median sales price for homes in Melbourne FL for Aug 09 to Oct 09 was $149,945. This represents an increase of 0.6%, or $945, compared to the prior quarter and a decrease of 6.3% compared to the prior year. The average listing price for Melbourne homes for sale on Trulia was $241,036 for the week ending Nov 10, which represents an increase of 0.3%, or $609, compared to the prior week and a decline of 0.3%, or $814, compared to the week ending Oct 20.
Average price per square foot for Melbourne FL was $92, a decrease of 8.9% compared to the same period last year. Popular neighborhoods in Melbourne include Windover Farms, Sherwood Park, Sonesta Walk, Summer Brook, Lansing Ridge, and Magnolia Manor.