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Featured local agent — Melbourne Beach, FL
Sarah Mitchell
Compass Real Estate · Melbourne Beach, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Melbourne Beach, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$552,000median sale price
How is the Melbourne Beach, FL housing market right now?
The median home sale price in Melbourne Beach, FL is $552,000, down 14.2% year-over-year. Homes sell in an average of 74 days with 23 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Melbourne Beach a buyer's or seller's market?
Melbourne Beach, FL is currently a leaning buyer's, based on 3.3 months of supply and homes selling in about 74 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
74
Average pace
Active listings
23
3.3 months supply
Sale-to-list
94.2%
Below asking
What does the Melbourne Beach housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $552,000 |
| Median list price | $625,000 |
| Year-over-year price change | -14.2% |
| Average days on market | 74 days |
| Active inventory | 23 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 94.2% |
| Median price per sq ft | $347/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 5 |
| Listings with a price cut | 56.5% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Melbourne Beach by property type?
How the Melbourne Beach, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $575,000 | $382/sq ft | 5 | 74 days |
| Condo / Co-op | $587,500 | $397/sq ft | 2 | 52 days |
| Townhouse | $424,000 | $282/sq ft | 2 | 127 days |
Source: Redfin · Updated monthly
The Melbourne Beach housing market is currently classified as a leaning buyer's with a median sale price of $552,000. Prices have fallen 14.2% compared to last year, with homes spending an average of 74 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Melbourne Beach
There are currently 23 homes listed for sale in Melbourne Beach, Florida. The median listing price is $625K.
Active listings
23
Homes on market
Median list price
$625K
Avg. days on market
74
Days until sale
New this week
5
Newly listed
Who lives in Melbourne Beach?
Population
3,237
Median income
$86,563/yr
Median age
54.6 years
Owner-occupied
79.4%
College grads
66.3%
Avg commute
21.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Melbourne Beach?
Zillow home value
$618,723
Zillow rent index
$3,233/mo
Price-to-rent ratio
15.9x
Price-to-income
7.1x
Source: Zillow Research
What is it like to live in Melbourne Beach?
Melbourne Beach is a community of approximately 3K residents with a median age of 54.6 years.The median household income is $86,563, which reflects a relatively affluent area with strong earning potential. 66.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 79.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Melbourne Beach offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Melbourne Beach?
1 schools tracked · 445 students
The largest public schools serving Melbourne Beach, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GEMINI ELEMENTARY SCHOOL
Grades PK-6 · 445 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Melbourne Beach, FL?
Want a head-to-head view? Compare Melbourne Beach side-by-side with any other U.S. city using our market-comparison tool.
Is Melbourne Beach a good real estate investment market?
For investors evaluating Melbourne Beach, the price-to-rent ratio of 15.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 14.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Melbourne Beach's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Melbourne Beach's median home price.
Frequently asked questions
What is the average home price in Melbourne Beach?
The median home sale price in Melbourne Beach is $552,000, down 14.2% from last year.
How long do homes stay on market in Melbourne Beach?
Homes typically spend 74 days on market before going under contract.
What is the median income in Melbourne Beach?
The median household income is $86,563 per year.
Is Melbourne Beach a buyer's or seller's market?
With 3.3 months of supply, Melbourne Beach is currently a leaning buyer's.
What is the Zillow home value estimate for Melbourne Beach?
The Zillow Home Value Index (ZHVI) for Melbourne Beach is $618,723, representing the typical home value in the area.
What is the median condo price in Melbourne Beach?
The median condo/co-op sale price in Melbourne Beach, FL is $587,500, compared to $575,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Melbourne Beach?
The median single-family home price in Melbourne Beach, FL is $575,000 (about $382 per square foot).
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