Housing in West Melbourne, FL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$420,000

Median List Price

$430,000

Price Per Sq Ft

$200

Days on Market

102

Active Inventory

116

Months of Supply

5.0

Balanced market

Zillow Home Value

$369,165

ZHVI — January 2026

Zillow Rent Index

$1,984

ZORI — January 2026

Price Trends

Source: Redfin

Sale Price ↑ 1.2%List Price ↑ 0.0%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

19.4%

Sale-to-List Ratio

97.8%

Buyer's market

Sold Above Asking

0.0%

Under Contract in 2 Wks

19.4%

Listings with Price Drops

34.5%

Market Activity

Source: Redfin

Homes Sold

New Listings

Pending Sales

Homes Sold ↓ 41.0%New Listings ↓ 24.1%Pending ↓ 23.4%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$200

Median List $/SF

$205

Sale $/SF ↓ 6.1%List $/SF ↓ 8.5%Mar 24 → Jan 26

West Melbourne vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. West Melbourne is highlighted.

Median Home Value

79th%ilemost expensive$341,500show rank

Median Rent

89th%ilemost expensive rent$1,801show rank

Median Price Per Sq Ft

61st%ilemost expensive $/sqft$200show rank

Rent Burden

80th%ilehighest rent burden23.9%show rank

Census Housing Data

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

Median Home Value

$341,500

Median Rent

$1,801

Total Housing Units

11,113

Vacancy Rate

7.5%

Owner Occupied

74.9%

Renter Occupied

25.1%

Median Property Tax

$2,361

per year

Monthly Cost (w/ Mortgage)

$1,367

Housing Types

Single Family

73.3%

Multi-Family

22.8%

Mobile Home

3.9%

The current median sale price in West Melbourne, FL is $420,000 according to Redfin data. Homes spend a median of 102 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $200. Zillow's observed rent index is $1,984/month. About 74.9% of housing units are owner-occupied. The median year homes were built is 2003. There are 11,113 total housing units.