How much does it cost to buy a house in University Estates Melbourne, FL?

In May 2025 University Estates homes were listed to buy for a median price of $369K, which is a 15% decrease to April 2024 last month, and a 15% decrease to June 2025 last year. The median value of a home listed to buy in University Estates in May 2025 was $216 per sqft, which is a 1% decrease to April 2024 last month, and a 1% decrease to June 2025 last year.

Is it affordable or expensive to live in University Estates Melbourne, FL?

It is affordable to live in University Estates. Buying a home in University Estates is 1% less expensive compared with the national average.

Is it a good time to buy property in University Estates Melbourne, FL?

Yes now is a good time to buy property in University Estates, in May 2025, homes in University Estates have decreased in value (price per sqft) by 1% in the last year compared with June 2025.

Is the University Estates Melbourne, FL housing market slowing down?

The housing market in University Estates is slowing down. In May 2025, homes to buy in University Estates spent an median 29 days on the market, a 9% decrease from June 2025 last year.

What are the best and safest places to live in University Estates Melbourne, FL?

The best and safest neighborhoods to live in University Estates in May 2025 are Lansing Island, Melbourne Beach, Montecito, Alamanda Key, Forest Creek, Whisper Woods, Loveridge Heights, Sandy Pines Preserve, Eagle Lake, Bayside Lakes, Ixora Park, Lake Washington Townhomes, Sonesta Walk, Eau Gallie, Port Malabar Country Club, Snug Harbor Village, Barefoot Bay, Turkey Creek, Arlington Pines Townhouses, Palm Bay Colony

How much money should I make to buy a house in University Estates Melbourne, FL?

In May 2025, University Estates homes were listed to buy for a median price of $369K, with 25% down you would need $2.1K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $72.1K.

Is it a good time to sell my house in University Estates Melbourne, FL?

Yes now is a good time to sell your house in University Estates, in May 2025, homes in University Estates have decreased in value (price per sqft) by 1% in the last year compared with June 2025.