Market Overview
Home Prices in Melbourne Beach, FL
The median home value in Melbourne Beach, FL is $623,049 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2% compared to a year ago and down 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Melbourne Beach are priced52% above average. Melbourne Beach is part of the Palm Bay-Melbourne-Titusville, FL metro area.
Over the past five years, Melbourne Beach home values have risen by approximately30.1%, reflecting strong long-term appreciation in this market.
Price History
Melbourne Beach Home Price Trend
City Comparison
Melbourne Beach vs. National Median
At $623,049, homes in Melbourne Beach cost 52% above the national median of $410,000. Buyers in Melbourne Beach should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Melbourne Beach?
20% Down Payment
$124,610
on $623,049
Monthly P&I
$3,249/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,126/mo
incl. taxes & insurance
Income Needed
$165,040
gross annual (30% rule)
10% Down Option
$62,305
+ PMI applies
Loan Amount (20% dn)
$498,439
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Melbourne Beach, FL?
The median home value in Melbourne Beach is $623,049 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2% year-over-year.
How much have home prices changed in Melbourne Beach?
Over the past year, home values in Melbourne Beach have decreased by 2%. Over five years, prices have risen approximately 30.1%.
How much do I need to earn to buy a home in Melbourne Beach?
To comfortably afford the median home price of $623,049 with a 20% down payment ($124,610) at today's rates (6.8%), you'd need a gross annual income of approximately $165,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Melbourne Beach compare to the national average home price?
The national median home value is approximately $410,000. At $623,049, homes in Melbourne Beach are 52% above the national average.
What metro area is Melbourne Beach part of?
Melbourne Beach is part of the Palm Bay-Melbourne-Titusville, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.