Lockmar Estates Real Estate Market Report

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Lockmar Estates is located in the northeast Palm Bay area, very near the border of West Melbourne.  

There are approximately 2868 residents in Lockmar, of which approximately 88% are homeowners.  There are 1379 homes in Lockmar. The median age in this neighborhood is 42.  The median household income is $49,008 annually.  Lockmar sees an annual rainfall average of 45 inches per year and is 15 foot above sea level.   There are 98 days per year with full sun and the average commute time for workers is 18 minutes.

The average lot size is .39 of an acre which is almost double the area average of .23.  The median home price in this neighborhood was $196,820 in November of 2019, which is an increase of 3.17% over the last 12 months.  Residents enjoy the larger acreage, convenient location and top-rated elementary school, Lockmar Elementary.  

Nearby restaurants include Longhorn, Moe’s, Buffalo Wild Wings, Pollo Tropical, Crafty Crab, McDonalds, Culvers, Panera Bread, Wendys, Panda Express, Long Doggers, Five Guys and Starbucks.  Nearby shops are Target, Kohls, HomeGoods, Ross, Marshalls, Shoe Carnival, David’s Bridal and Academy Sports, just to name a few.  Within 1.4 miles there is an IMAX theater, Petco, Urgent Care and Publix grocery store.  There is also an L.A. Fitness, multiple churches, large public park and access to I-95 within a very short drive. 

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
767 Emerson 6 3 3,844 $399,900 $104 13 days
1100 Humay 4 3 2,409 $330,000 $136 135 days
416 Hurst 3 2 2,162 $288,500 $133 129 days
1060 Mina 3 2 1,704 $257,000 $150 49 days
220 Peckham 3 2 1,712 $249,982 $146 2 days
Average: 3.8 2.4 2,366 $305,076 $134 66 days
Viewing 1 - 5 of 5
Viewing 1 - 5 of 5
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
745 Haftez 4 3 2,445 $359,900 $147 114 days
735 Haftez 4 3 2,406 $359,900 $149 114 days
502 Hyder 4 3.1 2,137 $319,900 $149 47 days
1081 Pennsylvania 3 2.1 2,048 $275,000 $134 255 days
Average: 3.8 2.8 2,259 $328,675 $145 133 days
Viewing 1 - 4 of 4
Viewing 1 - 4 of 4
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
746 Huntington 4 2.1 2,453 $400,000 $375,000 $152 129 days 2/21/20
242 Jaro 3 3 2,622 $359,900 $350,000 $133 98 days 2/24/20
671 NE Honolulu 5 3 2,381 $342,215 $342,215 $143 49 days 3/30/20
741 Turj 4 2 2,716 $329,000 $325,000 $119 55 days 5/8/20
950 Haas 4 3 2,451 $325,000 $315,000 $128 167 days 3/17/20
1021 Pellam 4 2.1 2,279 $309,900 $304,888 $133 55 days 3/31/20
665 Narragansett Unit 45 4 3 2,156 $270,999 $271,000 $125 51 days 2/6/20
806 Hunan 4 2 2,270 $269,000 $269,000 $118 131 days 5/8/20
250 Naylor 4 2 1,982 $264,500 $265,000 $133 76 days 5/22/20
780 Pepper 3 2 2,386 $265,000 $265,000 $111 42 days 3/30/20
617 Narragansett 4 2 2,146 $259,999 $259,999 $121 83 days 1/15/20
357 Humbert 3 2 1,774 $250,000 $250,000 $140 20 days 3/13/20
391 Huntsville 3 2 1,970 $239,900 $239,900 $121 65 days 6/1/20
985 Ripley 3 2 1,751 $235,000 $230,000 $131 44 days 5/15/20
902 Pellam 4 2.1 2,154 $229,000 $229,900 $106 43 days 4/29/20
Average: 3.6 2.2 2,091 $264,930 $259,025 $123 75 days
Viewing 1 - 15 of 20
Viewing 1 - 15 of 20