The Melbourne Beach housing market is not very competitive. The median sale price of a home in Melbourne Beach was $793K last month, down 16.4% since last year. The median sale price per square foot in Melbourne Beach is $354, down 13.6% since last year.
What is the housing market like in Melbourne Beach today?
In February 2025, Melbourne Beach home prices were down 16.4% compared to last year, selling for a median price of $793K. On average, homes in Melbourne Beach sell after 39 days on the market compared to 130 days last year. There were 7 homes sold in February this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$793,000
-16.4% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Melbourne Beach, FL
$793,000
-16.4%
United States
To compare other locations to the Melbourne Beach and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Melbourne Beach add value to a home.
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How hot is the Melbourne Beach housing market?
Melbourne Beach is not very competitive. Homes sell in 105 days.
0
100
20
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 105 days.
Hot homes
can sell for about 1% below list price and go pending in around 39 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Melbourne Beach, FL
95.6%
+4.4 pt
United States
Melbourne Beach Migration & Relocation Trends
In Dec '24 - Feb '25, 46% of Melbourne Beach homebuyers searched to move out of Melbourne Beach, while 54% looked to stay within the metropolitan area.
Where are people moving to Melbourne Beach from?
Across the nation, 0.38% of homebuyers searched to move into Melbourne Beach from outside metros.
Miami homebuyers searched to move into Melbourne Beach more than any other metro followed by Orlando and New York.
Where are people from Melbourne Beach moving to?
54% of Melbourne Beach homebuyers searched to stay within the Melbourne Beach metropolitan area.
Pittsburgh was the most popular destination among Melbourne Beach homebuyers followed by Greensboro and Johnson City.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Melbourne Beach housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Melbourne Beach.
Flood Factor - Moderate
80% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Melbourne Beach has a moderate risk of flooding. 740 properties in Melbourne Beach are likely to be
severely affected
by flooding over the next 30 years. This represents 80% of all properties in Melbourne Beach. Flood risk is increasing faster than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Melbourne Beach has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Melbourne Beach is most at risk from hurricanes. 1,393 properties in Melbourne Beach have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 196 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 212 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Melbourne Beach has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Melbourne Beach have an Extreme Heat Factor®.
Melbourne Beach is expected to see a 214% increase in the number of days over 104ºF over the next 30 years. Melbourne Beach is expected to experience 6