Housing in Melbourne Village, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — November 2025

Median Sale Price

$410,000

Median List Price

$469,500

Price Per Sq Ft

$262

Days on Market

15

Active Inventory

3

Months of Supply

3.0

Seller's market

Zillow Home Value

$405,340

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 14.6%List Price ↓ 20.1%Apr 24 → Nov 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

100.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
100.0%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

2

Pending Sales

1

Homes Sold ↓ 66.7%New Listings ↑ 0.0%Pending ↓ 66.7%Apr 24 → Nov 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$262

Median List $/SF

$251

Sale $/SF ↑ 4.8%List $/SF ↓ 4.9%Apr 24 → Nov 25

Melbourne Village vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Melbourne Village is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$348,600

Median Rent

$1,167

Total Housing Units

370

Vacancy Rate

15.1%

Owner Occupied

91.1%

Renter Occupied

8.9%

Median Property Tax

$2,590

per year

Monthly Cost (w/ Mortgage)

$712

Housing Types

Single Family
98.1%
Multi-Family
1.9%
Mobile Home
0.0%

The current median sale price in Melbourne Village, FL is $410,000 according to Redfin data. Homes spend a median of 15 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $262. The median rent is $1,167 per month (Census ACS). About 91.1% of housing units are owner-occupied. The median year homes were built is 1961. There are 370 total housing units.