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
881 Hunan Street 3 2.2 1,849 $529,900 $286 18 days
867 Huntington Street 3 2.1 2,090 $495,000 $236 3 days
1101 Herne Avenue 4 3 2,402 $464,900 $193 115 days
329 Humbert Street 4 2 2,020 $460,000 $227 8 days
680 Honolulu Avenue 4 2 2,109 $450,000 $213 10 days
440 Neptune Drive 3 2.1 1,901 $449,900 $236 34 days
111 Salmon Drive 3 2 1,912 $410,000 $214 3 days
631 Emerson Drive 3 2 1,737 $399,500 $229 157 days
359 Peggy Circle 3 2 2,284 $399,000 $174 25 days
949 Nevada Drive 3 2 1,821 $370,000 $203 39 days
1111 Mina Avenue 3 2 1,879 $359,900 $191 57 days
819 Emerson Drive 3 2 1,482 $320,000 $215 19 days
Average: 3.2 2.1 1,957 $425,675 $218 3 days
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Viewing 1 - 12 of 12
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
298 Neville Circle 3 2 1,643 $429,900 $261 8 days
Average: 3.0 2.0 1,643 $429,900 $261 8 days
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Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
720 Needle Avenue 5 3.1 3,335 $685,000 $655,000 $196 19 days 2/13/23
385 Humbert Street 5 2 2,245 $535,000 $525,200 $233 8 days 3/1/23
461 Neptune Drive 4 3 2,212 $524,777 $524,777 $237 54 days 3/8/23
241 Hurst Road 4 2 2,400 $525,000 $505,000 $210 9 days 10/20/22
962 Pembroke Avenue 4 2.1 2,244 $499,000 $499,000 $222 14 days 10/7/22
1130 Mina Avenue 4 2 2,244 $499,900 $485,000 $216 29 days 3/17/23
154 Nemo Circle 3 2 2,093 $457,000 $465,000 $222 2 days 3/3/23
897 Huntington Street 4 2 2,021 $459,900 $465,000 $230 33 days 3/17/23
861 Ripley Terrace 3 2 2,154 $469,000 $465,000 $215 39 days 11/8/22
902 Pellam Avenue 4 2.1 2,163 $455,000 $455,000 $210 2 days 12/30/22
208 Neville Circle 3 2 1,968 $445,000 $450,000 $228 11 days 3/8/23
415 Hurst Road 4 2.1 2,111 $449,900 $450,000 $213 10 days 12/7/22
187 Naylor Street 3 2 1,618 $460,000 $445,000 $275 23 days 10/5/22
914 Mina Avenue 4 2 1,930 $449,900 $445,000 $230 451 days 3/16/23
127 Naylor Street 4 2 2,146 $399,800 $410,000 $191 67 days 12/9/22
Average: 3.7 2.1 2,052 $447,808 $439,141 $216 53 days
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Viewing 1 - 15 of 21