The median sales price for homes in Melbourne FL for Aug 09 to Oct 09 was $143,500. This represents a decline of 3.7%, or $5,500, compared to the prior quarter and a decrease of 10.3% compared to the prior year. The average listing price for Melbourne homes for sale on Trulia was $241,293 for the week ending Nov 18, which represents an increase of 0.2%, or $481, compared to the prior week and an increase of 1%, or $2,392, compared to the week ending Oct 28.
Average price per square foot for Melbourne FL was $91, a decrease of 9.9% compared to the same period last year. Popular neighborhoods in Melbourne include Windover Farms, Summer Brook, Lansing Ridge, Eagle Lake, Lakewood Manor, and Greystone.