Homes Under $500K in Melbourne, FL

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Listing data & MLS disclosures

Space Coast MLS (Space Coast Association of REALTORS): IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Listing information ©2026 Space Coast MLS, Inc®. All Rights Reserved. Last Updated: 2026-09-28 23:04:06 UTC
REALTORS Association of Indian River County: The property information being provided is 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 is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
Listing information © 2026 Indian River MLS, Inc®. All Rights Reserved. Last Updated:2026-09-07 05:16:07 UTC
Stellar MLS: Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

Melbourne housing market

August 2026

Selling at 98.7% of asking price

Buyers here are paying below asking. MLS · 234 sales · as of Aug 31, 2026

Homes that sold · County records, as of Aug 31, 2026

Median sale price: $398,000$275,000–$630,000 typical range
Price per sq. ft.: $221
Sales: 321
Paid in cash: 41.7%

Homes on the market · MLS, as of Aug 31, 2026

Median days on market: 33 days

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

Year-over-year: -8.6%

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

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Your local team in Melbourne

Listing data & MLS disclosures

Melbourne housing market

Homes that sold · County records, as of Aug 31, 2026

Homes on the market · MLS, as of Aug 31, 2026

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

Melbourne, FL community profile

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Your local team in Melbourne

Listing data & MLS disclosures

Melbourne, FL community profile

Melbourne housing market

Homes that sold · County records, as of Aug 31, 2026

Homes on the market · MLS, as of Aug 31, 2026

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