Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$236,148
+17.4%
Since Sep 2024
Range: $209,576-$264,284
Evaluated July 23, 2025
1 Year
5 Years
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Property Facts
1501 Hedrick Dr, Melbourne, FL is a single family home that contains 1,089 Sq. Ft. and was built in 1957. It contains 3 bedrooms and 2 bathrooms.
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County:BREVARD
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Year Built:1957
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Living Area:1,089 Sq. Ft.
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Lot Size:10,454 Sq. Ft.
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Zone:-
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Parcel:28-37-04-25-0000D.0-0001.00
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Bedrooms:3
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Bathrooms:2
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Owner:MCKINLEY, NINA M,(LIFE ESTATE)
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Property History
Tax History
Year
Taxes
Total Assessment
2024
$2,540 (0%)
$178,230 (+8.8%)
2023
$2,540 (+7.86%)
$163,820 (+36.27%)
2022
$2,355 (+23.3%)
$120,220 (+19.71%)
2021
$1,910 (+7.48%)
$100,430 (+5.5%)
2020
$1,777 (+7.24%)
$95,190 (-2.45%)
2019
$1,657 (+1.22%)
$97,580 (+5.97%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
1501 Hedrick Dr
Melbourne, FL 32901
This Property
-
3 Bed
2 Bath
1,089 Sq. Ft.
1957 Year Built
1
831 Glenmore Circle
Melbourne, FL 32901
$297,000
4 Bed
0 Bath
1,092 Sq. Ft.
1957 Year Built
2
824 Glenmore Circle
Melbourne, FL 32901
$270,000
3 Bed
0 Bath
1,089 Sq. Ft.
1957 Year Built
3
271 San Paulo Court Unit 17-271
West Melbourne, FL 32904
$130,000
2 Bed
0 Bath
1,080 Sq. Ft.
1976 Year Built
4
256 San Paulo Circle Unit 11256
West Melbourne, FL 32904
$165,000
2 Bed
2 Bath
1,080 Sq. Ft.
1976 Year Built
5
906 S S Fork Circle
Melbourne, FL 32901
$308,900
2 Bed
0 Bath
1,095 Sq. Ft.
1988 Year Built
6
210 San Paulo Circle Unit 15210
West Melbourne, FL 32904
$155,000
2 Bed
0 Bath
1,080 Sq. Ft.
1976 Year Built
7
1509 Hedrick Drive
Melbourne, FL 32901
$330,000
3 Bed
0 Bath
1,262 Sq. Ft.
1957 Year Built
8
2103 Greenway Drive
Melbourne, FL 32901
$315,000
3 Bed
0 Bath
1,201 Sq. Ft.
1951 Year Built
9
54 Piney Branch Way Unit C
Melbourne, FL 32904
$197,000
2 Bed
0 Bath
1,288 Sq. Ft.
2005 Year Built
10
716 Lund Circle
Melbourne, FL 32901
$220,000
3 Bed
0 Bath
1,114 Sq. Ft.
1957 Year Built
Sales in a non-disclosure state
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Market Trends
Melbourne
32901
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Aug 2024
$419,250
Jul 2025
$420,000
Change
+0.2%
1 Year
2 Years
5 Years
No data for current time range.
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Aug 2024
92 Days
Jul 2025
101 Days
Change
+9.8%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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2 Years
5 Years
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Area Statistics
People
ZIP (32901)
City (Melbourne)
Population
24,763
83,500
Population Density
1,971.6
1,896
People Per Household
2.1
2.4
Median Age
44.5
42.4
Median Household Income
$41,890
$55,543
Average Income
$26,335
$30,940
Economy
ZIP (32901)
City (Melbourne)
Unemployment
2.40%
2.40%
Recent Job Growth
2.04%
2.04%
Future Job Growth
50.62%
50.62%
Sales Tax
7.00%
7.00%
Income Tax
0.00%
0.00%
Cost of Living Index
94.2
97
Environment
ZIP (32901)
City (Melbourne)
Altitude
15
20
Rainfall (Inches Annually)
53.9
53.5
Snowfall (Inches Annually)
0
0
January Avg. Low Temp
49.2
48.9
July Avg. High Temp
90.7
90.7
Days of Precipitation Annually
121
119
Days Mostly Sunny Annually
236
234
Comfort Index (During Hot Weather)
6
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
9-12
1.1 mi
PK-6
1.6 mi
7-8
2.6 mi
6-12
0.6 mi
K-12
0.7 mi
2-8
0.8 mi
9-12
2.2 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
