Homes for Sale Under 500K in West Melbourne, FL

140 Homes for Sale

Sort by:Newest Listings

Don't miss out on new listings — and get instant email alerts!

Do Real Estate on the Go!

Find your dream home, receive real-time updates, and many more!

OPEN APP

West Melbourne, FL Housing Market Overview

West Melbourne is moving fast, and is a seller's market. Just 3.6 months of supply and 47 days on the market mean less competition for buyers and more leverage for you.

Status

Seller's Market

Days on Market

47

Inventory

127

Sep 2021Mar 2024Mar 2026

Median Home Price

$339,000Down 0.12%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
127 Down 0.19%
Newly Listed Homes
50 Down 0.02%
Months of Supply
3.6 Down 2.40%

Housing Demand

Homes Sold
35 Down 0.00%
Sale-to-List Ratio
98.4% Up 0.55%
Homes Sold Above List
11.4% Down 3.96%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full West Melbourne Market Report
Mortgage Calculator
How Much House Can I Afford
How to Buy a House
Best Places to Live in Florida
Safest Places to Live in Florida
Expensive Places to Live in Florida
Cheapest Places to Live in Florida
  • mls-img
    Based on information from Stellar MLS® through Oct 10, 2026, 12:45 PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
  • mls-img

    Based on information from the Space Coast MLS through Oct 10, 2026, 12:45 PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Space Coast Association of Realtors®. All Rights Reserved.

Click to see all homes
static map image
Satellite
West Melbourne, FL Housing Marketlink qauare
Homes Available icon

140

Homes Available

Median List Price icon

$ 339,000

Median List Price

Avg on Market icon

47 Days

Avg on Market

Close IconHouzeo

Do Real Estate on the Go!

OPEN APP
For Sale
Price
Beds & Baths
Home Type
Filters
Save Search Share