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3 bedsNew constructionWith a pool
Homes Under $500K in Melbourne, FL
48 listings

Homes Under $500K in Melbourne, FL

Homes Under $500K in Melbourne, FL

Hide Map
22 of 48 Listings
Map

Homes Under $500K in Melbourne, FL

22 of 48 Listings

  1. 2157 Colony Drive — photoPrice Reduced21

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
Active

$325,000

3 bd · 2 ba · 1,272 sqft

2157 Colony Drive, Melbourne, FL

Alfred T Jenkins · Jenkins Realty

  • 2914 Notre Dame Avenue — photoNew64Active

    $268,900

    3 bd · 2 ba · 1,506 sqft

    2914 Notre Dame Avenue, Melbourne, FL

    H Chip Allen · Dynasty Realty of Brevard, Inc

  • 3677 Whisperwood Circle — photo76Active

    $419,990

    3 bd · 2 ba · 1,925 sqft

    3677 Whisperwood Circle, Melbourne, FL

    Candace Garber · TruDeals Realty, LLC

  • 5113 Cocoplum Avenue — photo17Active

    $340,000

    3 bd · 2 ba · 1,636 sqft

    5113 Cocoplum Avenue, Melbourne, FL

    Rusty E Melle · ITG Realty

  • 4510 Sweet Bay Avenue — photo57Active

    $459,900

    3 bd · 2 ba · 2,104 sqft

    4510 Sweet Bay Avenue, Melbourne, FL

    Pervin Collins · One Sotheby's International

  • 2652 Reflections Pl — photo31Active

    $485,000

    4 bd · 3 ba · 2,862 sqft

    2652 Reflections Pl, Melbourne, FL

    Rob Jones · OFFERPAD BROKERAGE FL, LLC

  • 761 Ixora Drive — photo23Active

    $385,000

    4 bd · 2 ba · 1,623 sqft

    761 Ixora Drive, Melbourne, FL

    Laura Cerpa · Waterman Real Estate, Inc.

  • 1720 Pga Boulevard — photo42Active

    $415,000

    3 bd · 2 ba · 1,703 sqft

    1720 Pga Boulevard, Melbourne, FL

    Misty A Morrison · Misty Morrison Real Estate

  • 2811 Ohio Street — photo20Active

    $479,900

    3 bd · 3 ba · 1,824 sqft

    2811 Ohio Street, Melbourne, FL

    Robert E Jones · Offerpad Brokerage "FL" LLC

  • 594 Pine Forest Court — photo39Active

    $418,000

    3 bd · 2 ba · 1,539 sqft

    594 Pine Forest Court, Melbourne, FL

    Lori Nartatez · RE/MAX Aerospace Realty

  • 3382 Lake View Circle — photo48Active

    $442,000

    3 bd · 2 ba · 1,815 sqft

    3382 Lake View Circle, Melbourne, FL

    Linda E Jeffreys-Scholle · Denovo Realty

  • 1488 White Cap Way — photoPrice Reduced38Active

    $375,000

    3 bd · 2 ba · 1,313 sqft

    1488 White Cap Way, Melbourne, FL

    Misti Schneider · RE/MAX Aerospace Realty

  • 394 Carmel Drive — photo50Active

    $430,000

    3 bd · 3 ba · 2,011 sqft

    394 Carmel Drive, Melbourne, FL

    Jonathan Carroll · EXP Realty, LLC

  • 2983 W Ontario Circle W — photoPrice Reduced39Active

    $304,900

    3 bd · 2 ba · 1,760 sqft

    2983 W Ontario Circle W, Melbourne, FL

    Michael J Kara · Corbelo LLC

  • 2983 Ontario Cir W — photoPrice Reduced39Active

    $304,900

    3 bd · 2 ba · 1,760 sqft

    2983 Ontario Cir W, Melbourne, FL

    Michael Kara · CORBELO LLC

  • 1638 Rustic Way — photo62Active

    $474,900

    4 bd · 2 ba · 2,136 sqft

    1638 Rustic Way, Melbourne, FL

    Stacey Buchanan · Melbourne Realty, Inc.

  • 517 Linda Lane — photoPrice Reduced17Active

    $362,900

    3 bd · 2 ba · 1,436 sqft

    517 Linda Lane, Melbourne, FL

    Abranette Lopez · LPT Realty, LLC

  • 3672 Shawnee Lane — photo55Active

    $414,900

    3 bd · 2 ba · 2,011 sqft

    3672 Shawnee Lane, Melbourne, FL

    Misty A Morrison · Misty Morrison Real Estate

  • 2414 Greenway Drive — photo20Active

    $340,000

    3 bd · 2 ba · 1,416 sqft

    2414 Greenway Drive, Melbourne, FL

    Samantha J Fields · Real Broker LLC

  • 3395 Fort Sumter Street — photoPrice Reduced57Active

    $459,000

    3 bd · 2 ba · 1,886 sqft

    3395 Fort Sumter Street, Melbourne, FL

    Ronda Kunz · In The Home Zone Realty

  • 2527 Deercroft Drive — photoPrice Reduced49Active

    $439,900

    4 bd · 2 ba · 1,902 sqft

    2527 Deercroft Drive, Melbourne, FL

    James Burket · All About U Realty, LLC

  • 3390 Areca Palm Avenue — photo29Active

    $379,000

    3 bd · 2 ba · 1,884 sqft

    3390 Areca Palm Avenue, Melbourne, FL

    Kirby Kitchener · Coldwell Banker Paradise

  • 12

    Explore Melbourne homes

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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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    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

    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, 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

    August 2026

    Melbourne 12-month median sale price trend

    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%