Melbourne, FL Real Estate

Population 84,982 · Median home value $247,300

Melbourne Home Prices & New Construction

Based on 1616 market home sales in Melbourne over the last 12 months. Figures as of September 2026.

New construction: 11 newly built homes sold in Melbourne over the last 12 months, starting around $100 (median $345,000). 3 sold under $300,000 in the last year.

792 homes sold under $300,000 in Melbourne in the last 12 months.

Price rangeHomes sold (12 mo)
Under $200k414
$200k–$300k378
$300k–$400k377
$400k–$500k149
$500k–$700k100
$700k+198

Median sale price: $300,000 · Median price per sq ft: $197

The median sale price is down 2.9% from the prior 12 months ($308,900).

Source: ATTOM. As of September 2026. Market sales only (excludes transfers between family members and similar non-market deeds); individual transactions and owners are not shown.

About Melbourne

Melbourne is a city in Brevard County, Florida, United States. It is located 72 miles (116 km) southeast of Orlando along Florida's Space Coast, so named because of the region's proximity to Cape Canaveral and the Kennedy Space Center. The city had an estimated population of 87,561 as of July 1, 2024, according to the U.S. Census Bureau. Melbourne is a principal city of the Palm Bay–Melbourne–Titusville metropolitan statistical area. Downtown Melbourne and most of the city lie inland of the Indian River Lagoon, with a small part extending over to the barrier island.

What Locals Know About Melbourne

Melbourne sits in the heart of Brevard County — about an hour from Orlando and within a few hours of Miami, Tampa, and Jacksonville, so you're close to everything without paying big-city prices. What surprises most people when they actually move in is how much is coming: Brevard is in the middle of a major wave of new construction, with new communities going up across the county over the next five to ten years.

Where you look really depends on what matters to you. Families after strong schools and an easy community feel tend to land in the Sawgrass and West Melbourne areas — good schools, resort-style amenities, and some of the most livable neighborhoods around. Viera is Brevard's higher end if you want a more upscale lifestyle. If you want a little land and don't mind an older home or a project, Grant is where you can still find two to five acres. And for newer, low-maintenance homes there's a whole range of builders, from LGI and D.R. Horton to higher-finish options like Maronda and Christopher Alan.

One thing Amanda finds herself explaining over and over is why there are so many homes on the market — and it's not a warning sign. Brevard simply had existing inventory and a lot of new construction hit at the same time, so the area's been a buyer's market and is now starting to level out. Beyond the housing, people put down roots here for the beaches and parks, the space program and Cape Canaveral, and major employers like Northrop Grumman and L3Harris — the kind of place families move to and keep growing into.

— from Amanda Sauceda, local agent

Your Local Melbourne Real Estate Agent

Amanda Sauceda is the featured agent for Melbourne, FL.

School Districts Serving Melbourne

  • Brevard County School District

    Brevard County School District serves grades PK–12 across 109 schools with about 71,198 students.

    Grades PK–12 · 109 schools · 71,198 students

    District website

Homes for Sale in Melbourne

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