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
541 Emerson Drive 6 4 2,655 $559,900 $210 62 days
656 Hyannie Street 4 2.1 2,471 $474,900 $192 91 days
740 Pepper Street 5 2 2,096 $459,900 $219 10 days
938 Pembroke Avenue 3 2 1,815 $350,000 $192 41 days
1071 Roanoke Court 3 2 1,698 $330,000 $194 35 days
162 Natalie Circle 3 2 1,437 $325,000 $226 22 days
250 Peake Street 4 2 2,400 $324,850 $135 153 days
210 Narragansett Street 3 2 1,659 $289,900 $174 31 days
411 Neptune Drive 6 4 2,001 $275,000 $137 62 days
875 Hawser Street 3 2 1,212 $209,900 $173 0 days
171 Salmon Drive 2 2 1,128 $205,000 $181 30 days
Average: 3.8 2.4 1,870 $345,850 $185 49 days
Viewing 1 - 11 of 11
Viewing 1 - 11 of 11
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
181 Nesbitt Street 3 2 2,010 $399,900 $198 5 days
235 Jaro Street 3 2 1,980 $399,900 $201 65 days
201 Dickinson Street 5 2.1 2,446 $379,900 $155 22 days
657 Hyannie Street 3 2 1,638 $354,990 $216 70 days
899 Pembroke Avenue 5 2 2,000 $340,000 $170 43 days
Average: 3.8 2.0 2,014 $374,938 $188 41 days
Viewing 1 - 5 of 5
Viewing 1 - 5 of 5
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
820 Gabriel Avenue 3 2 2,069 $474,900 $460,000 $222 45 days 8/19/21
370 Hurst Road 3 2 2,041 $409,900 $420,000 $205 48 days 8/25/21
229 Nemo Circle 4 2.1 2,053 $430,000 $415,000 $202 37 days 8/30/21
502 Narragansett Street 3 2 1,830 $399,900 $399,900 $218 33 days 6/30/21
957 Pellam Avenue 3 2 2,077 $409,900 $390,000 $187 35 days 8/13/21
227 Jaro Street 4 2 2,071 $369,900 $390,000 $188 35 days 7/6/21
974 Pebble Avenue 4 2 2,083 $375,000 $385,000 $184 35 days 5/28/21
742 Turj Avenue 4 2 1,873 $399,900 $379,000 $202 38 days 4/26/21
650 Emerson Drive 3 2 1,700 $362,900 $365,000 $214 107 days 9/10/21
757 Penguin Avenue 4 2 2,402 $365,000 $365,000 $151 50 days 6/10/21
606 Narragansett Street 4 2 2,016 $358,000 $360,000 $178 41 days 6/4/21
143 Dickinson Street 4 2 2,392 $349,900 $345,000 $144 43 days 9/3/21
751 Vega Court 3 2 1,712 $339,000 $339,000 $198 58 days 6/7/21
1021 Piedmont Avenue 4 2 2,158 $325,000 $335,000 $155 40 days 6/21/21
271 Peake Street 4 2 2,235 $350,000 $335,000 $149 46 days 4/19/21
Average: 3.4 2.0 1,912 $330,272 $330,286 $173 51 days
Viewing 1 - 15 of 30
Viewing 1 - 15 of 30