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Foreclosure Homes in West Melbourne, FL

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West Melbourne, FL Foreclosures

How much do homes sell for in West Melbourne, FL?
The average home price is currently $447,047.
In West Melbourne, FL, how many homes are available?
There are currently 229 active home listings available in West Melbourne.
What’s the average rental cost in West Melbourne, FL?
The average rental price in West Melbourne is $1,538.
What is the most expensive home in West Melbourne?
The most expensive home sold in West Melbourne had a price of $55,630,836.
What is currently the cheapest priced home in West Melbourne, FL?
The cheapest home for sale in West Melbourne is priced at $59,761.

Living in West Melbourne, FL

West Melbourne is a suburban city located in Brevard County, just minutes from the beautiful beaches of the Atlantic Coast. Known for its welcoming community and family-friendly atmosphere, it offers a variety of parks, schools, and shopping options. Residents enjoy a warm climate and a range of outdoor activities throughout the year.

Current Market Conditions in West Melbourne, FL

The real estate market in West Melbourne is currently experiencing moderate demand, with a variety of property types available ranging from single-family homes to townhouses. Recent trends indicate steady appreciation in home values as more families and retirees are drawn to the area due to its amenities and quality of life.

Inventory levels have remained balanced, allowing buyers options without overwhelming choices, which contributes to a stable market environment.

Home Value Estimator For West Melbourne, FL

There are currently 2,815 real estate properties in West Melbourne, FL, with a median automated valuation model (AVM) price of $414,652.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in West Melbourne, 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 West Melbourne, FL, is $447,047.00, with the most expensive house in West Melbourne, FL, topping out at $55,630,836.00 and the cheapest home in West Melbourne, FL, clocking in at $59,761.00. In other words, there’s something for every potential homebuyer or savvy investor in West Melbourne, FL!

Rent Prices In West Melbourne, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in West Melbourne, FL, is on a rollercoaster ride. The average rent price in West Melbourne, FL, is $1,538.00. Indeed, when looking to rent in West Melbourne, FL, you can expect to pay as little as $670.00 or as much as $3,320.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in West Melbourne, 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.

West Melbourne, FL Foreclosures

Market Trend for West Melbourne, FL

Total Listings Available: 229

Market Values:

Home Prices from $59,761 to $55,630,836

Average Sales Price: $447,047

Rental Values:

Rental from $670 to $3,320

Average Rent Value: $1,538 / month

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