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: 2026-10-06 04:24:04 UTC
MIAMI REALTORS MLS: The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare ©2026 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Last Updated: 2026-09-29 21:58:51 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

September 2026 · This period is still settling

Selling at 97.6% of asking price

Buyers here are paying below asking. MLS · 176 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 17, 2026

Median sale price: $410,000$276,500–$629,950 typical range
Price per sq. ft.: $237
Sales: 147
Paid in cash: 40.1%

Homes on the market · MLS, as of Sep 27, 2026

Median list price: $399,900
Homes for sale: 640

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: -1.8%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Median home size: 1,789 sq. ft.

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

Your local team in Melbourne

Your local team in Melbourne

Listing data & MLS disclosures

Melbourne housing market

Homes that sold · County records, as of Sep 17, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Melbourne, FL community profile

Explore Melbourne homes

Your local team in Melbourne

Listing data & MLS disclosures

Melbourne, FL community profile

Melbourne housing market

Homes that sold · County records, as of Sep 17, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026