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
746 Huntington 4 2.1 2,453 $400,000 $163 98 days
767 Emerson 6 3 3,844 $399,900 $104 193 days
731 Hurole 5 3.1 2,803 $334,900 $119 4 days
950 Haas 4 3 2,451 $325,000 $132 111 days
416 Hurst 3 2 2,162 $275,000 $127 30 days
1081 Pennsylvania 3 2.1 2,048 $275,000 $134 88 days
806 Hunan 4 2 2,270 $274,900 $121 23 days
875 Emerson 3 2 1,926 $225,000 $116 84 days
541 Sterling 3 2 1,805 $215,000 $119 174 days
950 Peach 3 2 1,376 $194,900 $141 67 days
Average: 3.8 2.3 2,313 $291,960 $127 87 days
Viewing 1 - 10 of 10
Viewing 1 - 10 of 10
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
242 Jaro 3 3 2,622 $359,900 $137 64 days
665 Narragansett Unit 45 4 3 2,156 $270,999 $125 35 days
617 Narragansett 4 2 2,146 $259,999 $121 89 days
250 Naylor 4 2 1,982 $224,500 $113 182 days
1060 Mina 3 2 1,704 $159,900 $93 97 days
Average: 3.6 2.4 2,122 $255,059 $118 94 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
716 Nevada 4 3 2,670 $392,500 $375,000 $140 104 days 8/29/19
239 Driskell 4 3 2,600 $325,000 $330,000 $126 30 days 10/18/19
241 Narragansett 3 3 2,519 $325,000 $325,000 $129 100 days 11/25/19
282 Neville 4 2.1 2,623 $330,000 $325,000 $123 94 days 8/27/19
986 Mina 5 3 2,396 $315,000 $315,000 $131 51 days 8/30/19
256 Hurst Unit 45 4 2 2,148 $310,000 $310,000 $144 48 days 12/10/19
284 Hurst 4 2 1,825 $269,900 $270,000 $147 40 days 8/28/19
927 NE Peach 3 2 1,636 $269,000 $266,000 $162 41 days 9/6/19
561 Sterling 3 2 1,447 $269,900 $255,000 $176 41 days 9/9/19
281 Dickinson 3 2 1,958 $235,900 $235,900 $120 71 days 12/30/19
716 Hawser 3 2.1 2,062 $245,000 $232,000 $112 103 days 11/6/19
915 Peachland 3 2 1,770 $229,000 $230,000 $129 55 days 12/10/19
726 Hunan 3 2 2,331 $229,000 $229,000 $98 36 days 7/31/19
939 Pembroke 3 2 1,680 $225,000 $225,000 $133 42 days 12/27/19
114 Hurst 3 2 1,717 $232,000 $225,000 $131 192 days 9/23/19
Average: 3.4 2.2 1,992 $254,648 $249,060 $126 79 days
Viewing 1 - 15 of 23
Viewing 1 - 15 of 23