Home Values
- - Zillow Home Value Index
  - List price ($)
  - Sale price ($)
  - Rent list price ($)
  - Zillow Rent Index
  - - Total homes sold
    - Value per sq. ft. ($)
    - List price / sq. ft. ($)
    - Sale price / sq. ft. ($)
    - Rent estimate / sq. ft. ($)
    - Rent list / sq. ft. ($)
    - Sale-to-list price ratio
    - Listings w/ price cut (%)
    - Amount of price cut (%)
    - Sold for loss (%)
    - Sold for gain (%)
    - Homes foreclosed
    - Foreclosure re-sales (%)
    - Increasing values (%)
    - Decreasing values (%)
    - Sold in past year (%)
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Melbourne Metro Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for Melbourne Metro. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)
Mid-point of the list price for homes listed on Zillow in Melbourne Metro, or the asking price.
Median sale price ($)
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Median sale price ($)
Mid-point of the price homes have sold for in Melbourne Metro. Half the homes sold above this number and half sold below.
Zillow Rent Index
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Zillow Rent Index
Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Melbourne Metro. Half the Rent Zestimates are above this number and half are below it.
Median rent list price ($)
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Median rent list price ($)
Mid-point of the rental price for homes listed for rent on Zillow in the Melbourne Metro. Half the homes have rent prices above this number and half are below.
Total homes sold
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Total homes sold
Total number of homes sold in Melbourne Metro during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)
Mid-point of the value of all homes in Melbourne Metro, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price / sq. ft. ($)
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Median list price / sq. ft. ($)
Mid-point of Melbourne Metros list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price / sq. ft. ($)
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Median sale price / sq. ft. ($)
Mid-point of Melbourne Metros sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
Rent estimate / sq. ft. ($)
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Rent estimate / sq. ft. ($)
Mid-point of the estimated monthly rent price of all homes in Melbourne Metro, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
Median rent list price / sq. ft. ($)
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Median rent list price / sq. ft. ($)
Mid-point of Melbourne Metros rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
Median sale-to-list price ratio
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Median sale-to-list price ratio
Mid-point of the ratio between the sale price and the list price for all homes in Melbourne Metro (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)
The percentage of current listings on Zillow in Melbourne Metro whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)
Mid-point of the percentage of price reduction for homes in Melbourne Metro whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)
The percentage of homes in Melbourne Metro that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)
The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed
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Homes foreclosed
The number of homes in the Melbourne Metro per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)
The percentage of home sales in a given month in Melbourne Metro where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)
The percentage of homes in Melbourne Metro whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in Melbourne Metro whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)
The percentage of all homes in Melbourne Metro that were sold in the past 12 months.

$117,200
8.6%Y-o-Y

Calculated 05/15/2013^*
^*Includes data and transactions through 04/30/2013

RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Apr 2013
394957	Melbourne Metro	0.7%	2.0%	8.6%	117200
44434	Cape Canaveral	1.6%	4.7%	15.3%	138700
10889	Cocoa	0.8%	3.0%	7.9%	85600
51467	Cocoa Beach	1.7%	3.3%	7.6%	191200
398464	Grant-Valkaria	-0.1%	-0.9%	0.5%	219700
52625	Indialantic	1.6%	4.0%	12.9%	259200
124815	Indian Harbour Beach	1.6%	4.2%	14.3%	188100
124894	June Park	-0.4%	-1.6%	1.0%	126300
46375	Malabar	1.1%	2.2%	8.7%	189200
19307	Melbourne	0.9%	3.3%	8.0%	97100
32805	Melbourne Beach	0.7%	2.5%	9.4%	255700
56330	Melbourne Village
39760	Merritt Island	0.8%	2.0%	9.0%	171600
19341	Micco
25911	Mims	0.8%	3.2%	7.7%	132200
9112	Oak Hill	-0.6%	-1.5%	7.1%	112000
53787	Palm Bay	0.2%	1.7%	11.1%	82800
125641	Palm Shores
13560	Rockledge	1.2%	3.4%	9.9%	151100
20367	Satellite Beach	0.6%	2.5%	17.0%	217700
33900	Scottsmoor
7433	Titusville	1.6%	3.9%	3.3%	71900
14563	West Melbourne	1.1%	3.0%	11.5%	150800

Zillow Home Value Index		Y-o-Y
Melbourne Metro	$117,200	8.6%
Vero Beach Metro	$126,900	6.2%
Orlando Metro	$132,900	11.0%
Daytona Beach Metro	$113,200	10.8%
Lakeland Metro	$97,600	9.9%
Port St. Lucie Metro	$122,000	8.3%

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Melbourne Metro Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Zillow Rent Index

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price / sq. ft. ($)

Median sale price / sq. ft. ($)

Rent estimate / sq. ft. ($)

Median rent list price / sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for Melbourne Metro.

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