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
1031 Roanoke 4 2 2,138 $410,777 $192 6 days
767 Emerson 6 3 3,844 $399,900 $104 93 days
903 Haas 4 2 2,607 $324,900 $124 79 days
219 Neville 3 2 1,857 $324,000 $174 30 days
903 Nele 4 2 2,354 $319,900 $135 76 days
1100 Humay 4 3 2,409 $312,500 $129 215 days
778 Rebab 4 2 2,155 $309,900 $143 20 days
948 Hunan 3 2 2,016 $289,900 $143 12 days
271 Narragansett 3 2 1,624 $277,500 $170 76 days
910 Penelope 3 2 2,006 $270,000 $134 15 days
795 Huntington 3 2 2,064 $269,000 $130 76 days
Average: 3.8 2.2 2,239 $320,689 $147 58 days
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Viewing 1 - 11 of 12
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
799 NE Emerson 3 2 1,573 $195,900 $124 24 days
Average: 3.0 2.0 1,573 $195,900 $124 25 days
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Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
735 Haftez 4 3 2,406 $359,900 $374,602 $155 170 days 9/1/20
745 Haftez 4 3 2,445 $359,900 $370,400 $151 165 days 8/27/20
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
456 Narragansett 4 2 1,910 $319,900 $320,000 $167 27 days 8/18/20
502 Hyder 4 3.1 2,137 $319,900 $319,900 $149 91 days 8/19/20
1021 Pellam 4 2.1 2,279 $309,900 $304,888 $133 55 days 3/31/20
757 Hyannie 3 2 2,116 $279,900 $280,000 $132 46 days 9/15/20
416 Hurst 3 2 2,162 $282,500 $277,000 $128 184 days 8/30/20
1115 Herne 4 2 2,322 $280,000 $276,000 $118 46 days 8/21/20
806 Hunan 4 2 2,270 $269,000 $269,000 $118 131 days 5/8/20
1081 Pennsylvania 3 3 2,048 $265,000 $265,000 $129 62 days 9/8/20
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
695 Haftez 3 2 1,863 $255,000 $260,000 $139 36 days 8/28/20
Average: 3.6 2.2 2,031 $268,415 $267,592 $132 66 days
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Viewing 1 - 15 of 26