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Melbourne, FL 32940 Real Estate & Property Data

Melbourne, FL 32940 Real Estate Market Trends
Last Updated: April 24, 2024

A total of 1,129 residential properties have been sold over the past 12 months in 32940. With a median sales price of $525,000 in 32940 and a total of 3 foreclosures in Melbourne, FL 32940. Discover market trends and get the granular level real estate data for Melbourne, FL 32940 to keep your pulse on the housing market. Curate compelling home reports for Melbourne, FL 32940 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Melbourne, FL 32940 Real Estate Market Trends
Get property data for any address in Melbourne, FL 32940 or the country:
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 19,785
Total Commercial Properties 732
Avg. Home Age (Single Family Home) 21 Years
Avg. Square Feet (Single Family Home) 3,093
Total 2024 Residential Sales (year-to-date) 139
% of Homes Seriously Underwater (Q2 2024) 0.41%
Total 2023 Residential Sales 1,048
% of Equity Rich Homes (Q2 2024) 44.43%
Effective 2023 Property Tax 0.76%
Total Foreclosure Filings (year-to-date) 8
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Melbourne, FL 32940 Real Estate Overview

There were 1,129 residential properties sold in the past year in Melbourne, FL 32940. The median home value in Melbourne, FL 32940 is $480,046. There are a total of 19,785 residential properties in the 32940.

Median Sales Price i
$525,000
(Feb 2024)
+13.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $525,000
  • January '24 Jan '24 $544,000
  • December '23 Dec '23 $500,000
  • November '23 Nov '23 $564,900
  • October '23 Oct '23 $505,000
  • September '23 Sep '23 $428,500
  • August '23 Aug '23 $581,900
  • July '23 Jul '23 $535,000
  • June '23 Jun '23 $630,000
  • May '23 May '23 $562,400
  • April '23 Apr '23 $507,950
  • March '23 Mar '23 $480,000
Median Down Payment i
$110,000
(Feb 2024)
+12.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $110,000
  • January '24 Jan '24 $97,500
  • December '23 Dec '23 $94,850
  • November '23 Nov '23 $129,000
  • October '23 Oct '23 $101,400
  • September '23 Sep '23 $112,400
  • August '23 Aug '23 $100,000
  • July '23 Jul '23 $110,000
  • June '23 Jun '23 $116,000
  • May '23 May '23 $117,800
  • April '23 Apr '23 $150,000
  • March '23 Mar '23 $101,750
Number of Homes Sold i
79
(Feb 2024)
+14.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 79
  • January '24 Jan '24 60
  • December '23 Dec '23 77
  • November '23 Nov '23 76
  • October '23 Oct '23 77
  • September '23 Sep '23 68
  • August '23 Aug '23 110
  • July '23 Jul '23 74
  • June '23 Jun '23 101
  • May '23 May '23 123
  • April '23 Apr '23 109
  • March '23 Mar '23 106
Number of Purchase Loans i
60
(Feb 2024)
+106.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 60
  • January '24 Jan '24 56
  • December '23 Dec '23 83
  • November '23 Nov '23 33
  • October '23 Oct '23 37
  • September '23 Sep '23 33
  • August '23 Aug '23 60
  • July '23 Jul '23 44
  • June '23 Jun '23 58
  • May '23 May '23 77
  • April '23 Apr '23 65
  • March '23 Mar '23 59
Number of REFI Loans i
28
(Feb 2024)
+100%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 28
  • January '24 Jan '24 37
  • December '23 Dec '23 15
  • November '23 Nov '23 23
  • October '23 Oct '23 31
  • September '23 Sep '23 30
  • August '23 Aug '23 30
  • July '23 Jul '23 27
  • June '23 Jun '23 30
  • May '23 May '23 27
  • April '23 Apr '23 13
  • March '23 Mar '23 17
Number of HELOC Loans i
17
(Feb 2024)
-41.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 17
  • January '24 Jan '24 22
  • December '23 Dec '23 21
  • November '23 Nov '23 23
  • October '23 Oct '23 21
  • September '23 Sep '23 18
  • August '23 Aug '23 35
  • July '23 Jul '23 31
  • June '23 Jun '23 28
  • May '23 May '23 36
  • April '23 Apr '23 24
  • March '23 Mar '23 29

Melbourne, FL 32940 Real Estate Market Overview

Last 30 days
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Melbourne, FL 32940 Foreclosure Activity

There were a total of 3 Melbourne, FL 32940 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
-62.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 3
  • January '24 Jan '24 5
  • December '23 Dec '23 7
  • November '23 Nov '23 8
  • October '23 Oct '23 4
  • September '23 Sep '23 6
  • August '23 Aug '23 9
  • July '23 Jul '23 7
  • June '23 Jun '23 5
  • May '23 May '23 5
  • April '23 Apr '23 3
  • March '23 Mar '23 6
Foreclosure Starts i
3
(Feb 2024)
-50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 3
  • January '24 Jan '24 4
  • December '23 Dec '23 6
  • November '23 Nov '23 6
  • October '23 Oct '23 4
  • September '23 Sep '23 6
  • August '23 Aug '23 9
  • July '23 Jul '23 6
  • June '23 Jun '23 5
  • May '23 May '23 5
  • April '23 Apr '23 3
  • March '23 Mar '23 5
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
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