Melbourne Real Estate

Melbourne sits astride the Indian River Lagoon, with a large portion of the city located on Florida’s mainland and a portion located on a barrier island. The Indian River Lagoon separates the mainland from the beachside barrier island.

Melbourne - Town vs. County Stats

Avg Price in Melbourne: $357,700 / County Avg $524,500

68%

Avg Taxes in Melbourne: $2,400 / County Avg $4,300

56%

Avg Sq. Ft. in Melbourne: 1,561 / County Avg 1,859

84%

Avg Price per/sqft in Melbourne:$229 / County Avg $282

81%

Avg Walkscore in Melbourne: 46 / County Avg 27

174%

Avg Year Built in Melbourne: 1975 / County Avg 1993

99%

Avg Days on Website in Melbourne: 61 / County Avg 73

84%

Melbourne Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales