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Foreclosure Homes in Melbourne Beach, FL

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Melbourne Beach, FL Foreclosures

How much do homes sell for in Melbourne Beach, FL?
The average home price is currently $715,002.
In Melbourne Beach, FL, how many homes are available?
There are currently 96 active home listings available in Melbourne Beach.
What’s the average rental cost in Melbourne Beach, FL?
The average rental price in Melbourne Beach is $2,055.
What is the most expensive home in Melbourne Beach?
The most expensive home sold in Melbourne Beach had a price of $8,239,462.
What is currently the cheapest priced home in Melbourne Beach, FL?
The cheapest home for sale in Melbourne Beach is priced at $27,753.

Living in Melbourne Beach, FL

Melbourne Beach is a charming seaside destination, perfect for those seeking tranquility and a vibrant oceanfront lifestyle. With its beautiful beaches, friendly community, and ample recreational activities, it offers a quality of life that's hard to beat. The town provides easy access to shops, dining, and entertainment options, all while maintaining its peaceful coastal charm.

Current Market Conditions in Melbourne Beach, FL

As of late 2023, the Melbourne Beach real estate market is experiencing a steady rise in home values, driven by high demand and limited inventory. The area continues to attract both local and out-of-state buyers seeking coastal properties, contributing to competitive bidding situations for homes. Average days on the market have decreased, indicating a swift buying process as buyers are eager to invest in this desirable location.

Home Value Estimator For Melbourne Beach, FL

There are currently 6,389 real estate properties in Melbourne Beach, FL, with a median automated valuation model (AVM) price of $592,301.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Melbourne Beach, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Melbourne Beach, FL, is $715,002.00, with the most expensive house in Melbourne Beach, FL, topping out at $8,239,462.00 and the cheapest home in Melbourne Beach, FL, clocking in at $27,753.00. In other words, there’s something for every potential homebuyer or savvy investor in Melbourne Beach, FL!

Rent Prices In Melbourne Beach, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Melbourne Beach, FL, is on a rollercoaster ride. The average rent price in Melbourne Beach, FL, is $2,055.00. Indeed, when looking to rent in Melbourne Beach, FL, you can expect to pay as little as $860.00 or as much as $5,120.00, with the average rent median estimated to be $2,010.00. The good news is that finding an affordable and desirable property to rent in Melbourne Beach, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Melbourne Beach, FL Foreclosures

Market Trend for Melbourne Beach, FL

Total Listings Available: 96

Market Values:

Home Prices from $27,753 to $8,239,462

Average Sales Price: $715,002

Rental Values:

Rental from $860 to $5,120

Average Rent Value: $2,055 / month

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