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FL area data

Melbourne, FL

Aggregated across 3 ZIP codes in Melbourne.

Population: 122,615 (Census ACS)

The median home value in Melbourne, FL is $344,114 — down 2.0% over the past year. Homes sell for a median $284,000 after a median 61 days on market. Typical rent runs $1,825/month. 25 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with hurricane, lightning, inlandflooding the top-rated hazards. Cost of living is 1.0% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$344,114

Median home value

-2.0%

1-year change

61

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$344,114
1-year appreciation
-2.0%
3-year appreciation
-5.9%
5-year appreciation
+18.8%
10-year appreciation
+91.4%
All-time peak (2024-04)
$373,018
House Price Index (state)
542.2 (-2.6% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$284,000
Median list price
$303,426
Median price per sqft
$210
1-year sale-price change
-6.3%
Median days on market
61 days
Homes sold (recent period)
71
For-sale inventory
757
Sale-to-list ratio
97.0%
Active listings
90
1-year forecast
-0.1%
Days to pending
72 days
New listings (monthly)
199

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,825/mo
1-year rent change
-0.2%
Studio fair-market rent
$1,400/mo
1BR fair-market rent
$1,637/mo
2BR fair-market rent
$1,890/mo
3BR fair-market rent
$2,577/mo
4BR fair-market rent
$2,923/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
101.0 (100 = US avg)
Electricity rate (state-level)
15.2¢/kWh
Natural gas rate (state-level)
$25.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
25
Elementary schools
14
Middle schools
2
High schools
6
Charter schools
2
Schools include
MELBOURNE SENIOR HIGH SCHOOL, PALM BAY MAGNET SENIOR HIGH SCHOOL, UNIVERSITY PARK ELEMENTARY SCHOOL, STONE MAGNET MIDDLE SCHOOL, EAU GALLIE HIGH SCHOOL

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
hurricane, lightning, inlandFlooding, strongWind, tornado
Notable hazard ratings (county)
coastalFlooding: Relatively Moderate · coldWave: Relatively Low · drought: Relatively Low · hail: Relatively Low · heatWave: Relatively Moderate · hurricane: Very High
FEMA flood zone (varies by location)
includes X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 98% of US counties
Buildings in wildfire direct-exposure zone
24.1%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Harris Corp. (Palm Bay Plant) (3.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
73.5°F
Average high
82.3°F
Average low
64.8°F
Annual precipitation
51.8 in
USDA plant hardiness zone
10a (extreme annual low 30 to 35°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
43
Days with Good air quality
279
Days with Moderate air quality
85
Highest AQI recorded (year)
130

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
8.3 / 20
Transit service frequency
-33,047
Jobs reachable by car (30 min)
30,831
Jobs reachable by transit (45 min)
22,896

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
3
Nearest national park
Canaveral National Seashore (41 mi)
Airports within 30 mi
46
Nearest airport
Melbourne Orlando International Airport (MLB) (2 mi)
Nearest major airport
Melbourne Orlando International Airport (MLB) (2 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
HOLMES REGIONAL MEDICAL CENTER, CIRCLES OF CARE, INC, ORLANDO HEALTH MELBOURNE HOSPITAL
Avg hospital rating (CMS)
3.3 / 5
Best hospital rating nearby (CMS)
3.3 / 5
EV charging stations (within 10 mi)
48
Solar radiation rating
Good (5.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+6,872 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,989
Housing built before 1970
22.2%
Housing built 2000 or later
32.6%
Median annual property tax
$2,294
Mean commute to work
20 min
Households with broadband internet
80.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
210,348
Average weekly wage
$1,250
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
3,754

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

MelbourneState medianUS median
Median home value$344,114$346,549$289,727
Median sale price$284,000$359,990$325,000
Median days on market61 days72 days51 days
Typical rent$1,825/mo$2,095/mo$1,808/mo
Median annual property tax$2,294$2,388$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Melbourne, FL?
$344,114.
What is the median sale price in Melbourne, FL?
$284,000.
How long do homes take to sell in Melbourne, FL?
Median days on market: 61 days.
What is typical rent in Melbourne, FL?
Typical rent: $1,825/month.
What is the natural-hazard risk in Melbourne, FL?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: hurricane, lightning, inlandFlooding, strongWind, tornado.
Is Melbourne, FL in a flood zone?
Minimal (FEMA NFIP). Parts of the area include FEMA flood zone X; zones vary by location within the city.
What is the wildfire risk in Melbourne, FL?
Risk to homes is higher than 98% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Melbourne, FL?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Melbourne, FL?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Harris Corp. (Palm Bay Plant), 3.7 mi.
How many schools serve Melbourne, FL?
25 schools (14 elementary, 2 middle, 6 high) (NCES, 2022-23).
Is Melbourne, FL walkable?
Walkability index: 8.3/20 (EPA Smart Location Database).
What is the air quality in Melbourne, FL?
Good. Median AQI: 43. (EPA AQI).
What is the cost of living in Melbourne, FL?
Regional Price Parity: 101.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP codes in Melbourne

Selling a home in Melbourne, FL?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents