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Homes Under $500K in Melbourne, FL
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Buy

Start here

  • Homes for sale by state
  • Home buying tips
  • Before you start looking
  • The buying timeline

Afford it

  • Today's mortgage rates
  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

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  • Closing costs, itemized
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443 listings
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3 bedsNew constructionWith a pool

Homes Under $500K in Melbourne, FL

Homes Under $500K in Melbourne, FL

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24 of 443 Listings
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Homes Under $500K in Melbourne, FL

24 of 443 Listings

Your local team in Melbourne

TO

Thomas O'Leary

Realty.com

Lic. #BK3453168

Call Thomas
CH

Caleb Hiester

Direct Mortgage Loans

NMLS #1614469

Call Caleb
  1. 223 Augusta Way — photoNew30Active

    $299,000

    2 bd · 2 ba · 1,332 sqft

    223 Augusta Way, Melbourne, FL

    Andrea Arce · Costa Mar International Realty

  2. 3656 Mount Carmel Lane — photoNew21Active

    $295,000

    3 bd · 2 ba · 1,706 sqft

    3656 Mount Carmel Lane, Melbourne, FL

    Randy Morrison · RE/MAX Aerospace Realty

  3. 5683 Star Rush Drive 101 — photo48Active

    $249,000

    3 bd · 2 ba · 1,218 sqft

    5683 Star Rush Drive 101, Melbourne, FL

    Seda MacDonald · ITG Realty

  4. 2983 W Ontario Circle W — photoNew39Active

    $324,900

    3 bd · 2 ba · 1,760 sqft

    2983 W Ontario Circle W, Melbourne, FL

    Michael J Kara · Corbelo LLC

  5. 290 Paradise Boulevard 13 — photoNew16Active

    $339,000

    2 bd · 2 ba · 1,138 sqft

    290 Paradise Boulevard 13, Melbourne, FL

    Steven Koleno · Beycome of Florida LLC

  6. 710 Misty Creek Drive — photo50Active

    $465,000

    3 bd · 2 ba · 2,009 sqft

    710 Misty Creek Drive, Melbourne, FL

    Anthony Joseph Petito · EXP Realty, LLC

  7. 741 Green Valley Lane — photo16Active

    $289,000

    2 bd · 2 ba · 1,226 sqft

    741 Green Valley Lane, Melbourne, FL

    Julie Locke · HomeSmart Coastal Realty

  8. 2087 Deercroft Drive — photoNew58Active

    $374,500

    3 bd · 2 ba · 1,506 sqft

    2087 Deercroft Drive, Melbourne, FL

    Sanja Hardy · Coldwell Banker Realty

  9. 5717 Tamarac Drive — photo42Active

    $379,900

    3 bd · 2 ba · 1,463 sqft

    5717 Tamarac Drive, Melbourne, FL

    Marilyn Lugo · Prestige Florida Realty

  10. 2510 Revolution Street 103 — photo25Active

    $269,900

    3 bd · 3 ba · 1,548 sqft

    2510 Revolution Street 103, Melbourne, FL

    Cynthia Wheaton · Keller Williams Realty Brevard

  11. 209 Prince Avenue — photo19Active

    $209,000

    3 bd · 1 ba · 1,426 sqft

    209 Prince Avenue, Melbourne, FL

    Katelyn J Johnson · Blue Marlin Real Estate

  12. 501 Krefeld Road NW — photo55Active

    $275,000

    2 bd · 2 ba · 1,095 sqft

    501 Krefeld Road NW, Melbourne, FL

    Bea Linda Jaffe · The Jaffe Group

  13. 7667 N Wickham Road 1515 — photo30Active

    $185,000

    3 bd · 2 ba · 1,256 sqft

    7667 N Wickham Road 1515, Melbourne, FL

    Christine Lawhon · Keller Williams Realty Brevard

  14. 506 Walker Street — photo51Active

    $250,000

    3 bd · 2 ba · 1,789 sqft

    506 Walker Street, Melbourne, FL

    Andy Mindel · RE/MAX Alternative Realty

  15. 1768 Kendall Pointe Place — photo15Active

    $324,990

    3 bd · 3 ba · 1,674 sqft

    1768 Kendall Pointe Place, Melbourne, FL

    William Maltbie · Maltbie Realty

  16. 1638 Rustic Way — photo62Active

    $474,900

    4 bd · 2 ba · 2,136 sqft

    1638 Rustic Way, Melbourne, FL

    Stacey Buchanan · Melbourne Realty, Inc.

  17. 1716 Vista Lake Circle — photo41Active

    $374,500

    3 bd · 2 ba · 1,814 sqft

    1716 Vista Lake Circle, Melbourne, FL

    Carolina D Alvarez · Empathy Realty LLC

  18. 1620 Derby Lane — photo31Active

    $289,900

    2 bd · 2 ba · 1,295 sqft

    1620 Derby Lane, Melbourne, FL

    Dee Dee R Davis · BHHS Florida Realty

  19. 3033 Tidepool Place — photo33Active

    $469,900

    3 bd · 2 ba · 1,655 sqft

    3033 Tidepool Place, Melbourne, FL

    Fred D Boozer Jr. · Center Point R.E. Invest. LLC

  20. 220 Stephenson Drive — photo33Active

    $255,000

    3 bd · 1 ba · 1,040 sqft

    220 Stephenson Drive, Melbourne, FL

    Steven Koleno · Beycome of Florida LLC

  21. 4260 Silver Lake Drive — photo10Active

    $327,500

    3 bd · 2 ba · 1,598 sqft

    4260 Silver Lake Drive, Melbourne, FL

    Sheri Boltz · Denovo Realty

  22. 1895 Kendall Pointe Place — photo26Active

    $343,000

    3 bd · 3 ba · 1,674 sqft

    1895 Kendall Pointe Place, Melbourne, FL

    Marcie Kiernan · Tropical Realty & Inv. of Brev

  23. 517 Linda Lane — photoPrice Reduced17Active

    $362,900

    3 bd · 2 ba · 1,436 sqft

    517 Linda Lane, Melbourne, FL

    Abranette Lopez · LPT Realty, LLC

  24. 441 N Harbor City Boulevard a3 — photo24Active

    $249,999

    2 bd · 3 ba · 1,184 sqft

    441 N Harbor City Boulevard a3, Melbourne, FL

    Peter M Masiello · Liguori Homes & Investments In

12…19

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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is derived from various Multiple Listing Services; each source MLS and its required disclaimer are shown with the listings on the applicable page. Realty.com is an independently owned and operated brokerage.

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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information ©2026 Beaches Multiple Listing Service®. All Rights Reserved. Data Last Updated: 2026-08-31 19:46:57 UTC
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  • By feature

    • New construction
    • With a pool

    Your local team in Melbourne

    TO

    Thomas O'Leary

    Realty.com

    Lic. #BK3453168

    Call Thomas
    CH

    Caleb Hiester

    Direct Mortgage Loans

    NMLS #1614469

    Call Caleb

    Melbourne, FL community profile

    Population
    92,725
    Median income
    $62,226
    Housing units
    45,838
    People per sq. mi.
    253.8
    Area
    365.4 sq. mi.

    Source: HJN community data

    Melbourne housing market

    July 2026 · This period is still settling

    Melbourne 12-month median sale price trend

    Selling at 97.9% of asking price

    Buyers here are paying below asking. MLS · 166 sales · as of Jul 20, 2026

    Homes that sold · County records, as of Jul 2, 2026

    Median sale price
    $310,000$206,000–$632,800 typical range
    Price per sq. ft.
    $212
    Sales
    49
    Paid in cash
    55.1%

    Homes on the market · MLS, as of Jul 20, 2026

    Median list price
    $420,000
    Homes for sale
    650

    Price trend · Assessor repeat sales, as of Jul 31, 2026

    Year-over-year
    -21.9%

    Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 14, 2026

    Median home size
    1,752 sq. ft.