Melbourne, Florida, USA7 Property Listings
- Unit No. 1049
1049 JUNE DR # 1049, Melbourne FL 32935
Melbourne, Brevard County
11N/Aft²$135,000A11540944 • A-Miami Association of REALTORS
- Unit No. 2777
2777 Patty Lane # 2777, Melbourne FL 32935
Melbourne, Brevard County
11N/Aft²$135,000A11512422 • A-Miami Association of REALTORS
3178 Village Park Dr, Melbourne FL 32934
Melbourne, Brevard County
32N/Aft²$335,000A11669178 • A-Miami Association of REALTORS
2024 Blue Heron Dr, Melbourne FL 32940
Melbourne, Brevard County
321384ft²$359,900A11633794 • A-Miami Association of REALTORS
1876 MOSSWOOD DR, Melbourne FL 32935
Melbourne, Brevard County
32N/Aft²$325,000A11663463 • A-Miami Association of REALTORS
1735 Blanche Avenue, Melbourne FL 32934
Melbourne, Brevard County
N/AN/AN/Aft²$135,000A11465431 • A-Miami Association of REALTORS
1190 OLDE BAILEY, Melbourne FL 32904
Melbourne, Brevard County
532763ft²$657,000A11586005 • A-Miami Association of REALTORS
Market Analysis
2024-2025 South East Florida Housing Outlook: Key Insights
As inflation eases and the economy slows, the Federal Reserve is expected to cut rates by 2025, setting the stage for a housing sales recovery and price growth in Southeast Florida. Mortgage rates are projected to decline to 6.6% by late 2024 and 5.7% by 2025, which will boost affordability. While home sales may decrease in 2024, they are expected to rebound by 2025, driven by demand for single-family homes, with over 1,000 renters potentially becoming homeowners. Single-family home prices are forecasted to rise by 7% annually, with nearly 10% growth in 2025. Meanwhile, Southeast Florida's economy will see employment growth of 2.4% in 2025, adding 80,000 jobs, while business tax cuts and global investment will further fuel regional growth. Overall, the region’s housing market will benefit from lower rates, improved affordability, and a robust local economy.