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Florida real estate · Brevard County

Melbourne Village, Florida Real Estate

Homes, values and local insight for Melbourne Village, Brevard County, Florida. Typical home value $429,000.

Reviewed and updated October 3, 2026 by Ryan and Megan Winslow, Winslow Homes

Ryan and Megan Winslow Broker Owners3,000+ homes soldSince 2009 REALTOR®4 states broker in FL, MA, CT, RIU.S. Army RetiredBest of Central MA winners
$429,000Typical home value
+3.2%Home values, past year
683Residents (2024)
$93,846Median household income
Homes for sale

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About

Living in Melbourne Village

Melbourne Village is a community in Brevard County, Florida, home to about 683 people across 0.6 square miles of land. The median household income is $93,846 and 91% of households own their home. The median home was built in 1961.

Nearby you will find Melbourne, West Melbourne, Indialantic. Ryan and Megan help buyers compare Melbourne Village with these towns on price, commute and lifestyle.

Homes in Melbourne Village, Florida
Market data

Melbourne Village by the numbers

The typical home in Melbourne Village is worth $429,000, 26% above the Brevard County typical value of $342,000 and 14% above the Florida typical value of $375,000.

Typical home value

$429,000

Zillow Home Value Index for Melbourne Village, August 2026. The middle of the market for single family homes and condos.

5 year change

+27.5%

Home values in Melbourne Village moved +27.5% over five years and +98.0% over ten.

Median rent

$1,167/mo

Median gross rent in Melbourne Village. Useful for investors running rental numbers.

Homeownership

91%

Share of occupied homes in Melbourne Village lived in by the owner.

Median year built

1961

Older homes often need inspection focus on roof, systems and windows.

Household income

$93,846

Median household income in Melbourne Village.

Mortgage planning for a home in Melbourne Village
Financing

Buying in Melbourne Village with the right loan

Ryan and Megan are mortgage bankers with The Federal Savings Bank, lending in all 50 states. You get the home and the loan from one team. On a typical Melbourne Village home of $429,000:

  • FHA, 3.5% down: $15,028 down, loan of $414,000
  • Conventional, 5% down: $21,469 down, loan of $408,000
  • Conventional, 20% down: $85,875 down, loan of $344,000
  • VA, 0% down for eligible veterans, loan of $429,000
Selling

What is your Melbourne Village home worth?

Ryan and Megan price Melbourne Village homes from recent sales, not guesses. Send your address and you get a free market analysis, with no obligation.

Home for sale in Melbourne Village
Nearby

Towns near Melbourne Village

Brevard County

More in Brevard County

See the full Brevard County real estate guide or the Florida real estate guide.

FAQ

Common questions

What is the typical home value in Melbourne Village, FL?

The Zillow Home Value Index for Melbourne Village was $429,000 in August 2026, +3.2% over the past year.

What county is Melbourne Village in?

Melbourne Village is in Brevard County, Florida.

How many people live in Melbourne Village?

About 683 people as of the 2024 Census Bureau estimate, up from 677 in 2020.

Who are the best real estate agents in Melbourne Village?

Ryan and Megan Winslow of Winslow Homes have sold over 3,000 homes since 2009 and are licensed in Florida, Massachusetts, Connecticut and Rhode Island. Call or text 386-690-5858.

How do I get pre-approved to buy in Melbourne Village?

Apply at www.winslowloan.com. Ryan and Megan are mortgage bankers with The Federal Savings Bank and lend in all 50 states, including FHA, VA and conventional loans.

Do most people in Melbourne Village own or rent?

91% of occupied homes in Melbourne Village are owner occupied, based on the 2019 to 2023 American Community Survey.

Talk to Ryan and Megan

Ready to move in Melbourne Village?

17 years, over 3,000 homes sold, and one team for the home and the loan. Call or text 386-690-5858.

Sources: U.S. Census Bureau 2024 population estimates and 2019 to 2023 American Community Survey; Zillow Home Value Index, August 2026. Numbers update as new data is released. Talk to Ryan and Megan for current sold prices on your street.

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Coming soon in Melbourne Village, FL

Get coming-soon homes, pocket listings and price drops in Melbourne Village, FL before they hit the big home search sites.