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  1. The Melbourne housing market is somewhat competitive. Homes in Melbourne receive 2 offers on average and sell in around 52 days. The median sale price of a home in Melbourne was $325K last month, up 0.3% since last year. The median sale price per square foot in Melbourne is $222, up 2.1% since last year.

    • How Is The Melbourne, FL Housing Market Doing in 2024?
    • Melbourne Housing Market Forecast 2024 and 2025
    • Should You Invest in The Melbourne Real Estate Market?

    Is Melbourne a Seller's Real Estate Market?

    Detailed Analysis: Melbourne, FL, is decidedly a seller's market. Here are some reasons why: 1. Low Inventory:The number of homes for sale is limited compared to the demand. This leads to higher prices and faster sales. 2. High Demand:Buyer interest remains exceedingly strong, often resulting in multiple offers on the same property. 3. Quick Turnaround: Homes in Melbourne typically go to pending status within 22 dayson average, faster than many other regions. In a seller's market, sellers hav...

    Is it Expensive to Live in Melbourne, FL?

    Cost of Living: 1. The cost of living in Melbourne is moderate compared to other Florida cities. It is influenced by factors such as housing, transportation, and healthcare. 2. Average Rent: Rent in Melbourne is around $1,500 per month for a one-bedroom apartment, comparable to other cities in Florida (source: RentCafe). Melbourne’s overall living costs reflect its attractiveness as a place to live, balancing affordability with a high quality of life.

    Conclusion

    The Melbourne, FL housing market in 2024 remains robust and favorable, especially for sellers and investors. With rising home prices, active listings, and strong demand, the market shows no signs of cooling significantly. Living in Melbourne offers both affordability and high quality of life, making it an appealing destination for families, retirees, and young professionals alike. As always, those looking to engage in the real estate market—whether buying, selling, or investing—should stay in...

    Melbourne, Florida, has consistently been a hotspot for those seeking a vibrant coastal lifestyle. In 2024, the housing market continues to show signs of strength, but with some interesting nuances.

    1. Population Growth and Trends:

    Investing in the Melbourne real estate market is promising due to the city's steady population growthand positive trends. The influx of new residents, evidenced by the data, indicates a robust demand for housing, potentially driving property values higher.

    2. Economy and Jobs:

    1. Economic Stability:Melbourne's stable economy provides a solid foundation for real estate investment. 2. Job Opportunities:The city's job market is a key factor, offering diverse employment opportunities that contribute to housing demand.

    3. Livability and Other Factors:

    Melbourne's high livabilityindex, coupled with its proximity to beaches and natural attractions, makes it an attractive location for residents. A desirable living environment often correlates with a strong and stable real estate market.

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  3. How many homes are available in Melbourne, FL? Number of Homes For Sale. Summary: The Melbourne real estate market had 1,461 homes for sale in August 2024, a 3.6% increase compared to July 2024. Homes For Sale By Bedroom Count.

  4. Zillow has 921 homes for sale in Melbourne FL. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Skip main navigation

  5. 922 Homes For Sale in Melbourne, FL. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia.

  6. View 1380 homes for sale in Melbourne, FL at a median listing home price of $399,000. See pricing and listing details of Melbourne real estate for sale.

  7. The median listing home price in Melbourne, FL was $410K in August 2024, trending down -3.5% year-over-year. The median listing home price per square foot was $240. The median home sold...