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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 227 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, FL, is a family-friendly city that combines suburban comfort with city amenities. It offers excellent schools, plenty of parks for outdoor activities, and easy access to nearby beaches. With a variety of shopping and dining options, West Melbourne is a great place to call home.

Current Market Conditions in West Melbourne, FL

The real estate market in West Melbourne has been dynamic, with a steady increase in home prices over the past year. Buyers are drawn to the area due to its family-friendly reputation and proximity to beaches and parks, causing a growing demand for homes.

Recent statistics indicate that the average time on the market for homes in West Melbourne has decreased, suggesting a competitive market. Inventory levels remain low, leading to multiple offers on desirable properties.

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: 227

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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