Melbourne · Selling
Downsizing in Melbourne
See what you’d keep after selling, and plan the move to a smaller place.
Free · Agents who know Melbourne · Every step in one app
Melbourne is home to Melbourne Orlando International Airport and sits on the Indian River.
Moving to a smaller place is rarely only about square feet. You may be leaving a home full of memories, sorting through years of belongings, and wondering where everything and everyone will fit. Feeling relieved and sad in the same week is completely normal.
What this means in Melbourne
- The typical owner-occupied home in Melbourne is worth about $306,400, 10% below the Brevard County typical value. At about 6–8% total selling costs, that is roughly $18,400–$24,500 on a typical sale here; your own number depends on your price and mortgage.
- About 39% of homes in Melbourne were built before 1980. Older Florida homes often need a 4-point inspection (roof, electrical, plumbing, heating and cooling) before an insurer will cover them, so having one done early can stop surprises after you accept an offer.
- When you move in Melbourne: power is usually from Florida Power & Light (FPL), and water from City of Melbourne (Public Works & Utilities). Set up service a week or two before Moving Day.
- To open a City of Melbourne water account you need ID and proof of ownership or a lease. A $20 service start fee shows up on the first bill, and a deposit may be billed too.
What’s different for you
- See what you’d keep. Know your number before you choose the next place.
- Plan the move. One Moving Day for leaving and arriving, with movers booked in the app.
- Sell, then settle in. Every step of the sale in order, at your pace.
When you start in CloseHive from this page, your plan already includes these steps, along with the usual ones for selling in Melbourne. You always see what to do next, and your agent handles the how.
Melbourne in numbers
- The typical home here is valued at about $306,400, which is 10% lower than Brevard County as a whole ($339,600).
- The typical home here was built around 1985, about 41 years ago. Ask about the roof's age early, because Florida insurers look at it closely.
- About 40% of homes here are rented, more than the county's 23%. Expect some buyers to be investors.
- Owners with a mortgage pay about $1,689 a month in housing costs, $164 more than typical rent ($1,525). Many of those owners bought years ago at lower prices, so today's buyers often pay more.
At a typical Melbourne price of about $305,000, Florida's deed tax is $2,135 and the owner's title policy is about $1,600. Typical value here is 4.6 times the typical household income, compared with 4.3 for the county.
Questions people ask
Should I sell or buy first when downsizing?
Many people sell first so they know their budget; your agent helps you choose based on your plans.