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 $210 138 days
773 Corona Avenue 4 2.1 2,092 $420,000 $200 5 days
815 Hawser Street 4 2 2,597 $389,900 $150 23 days
250 Peake Street 4 2 2,400 $324,850 $135 229 days
1071 Roanoke Court 3 2 1,698 $300,000 $176 111 days
Average: 4.2 2.4 2,288 $398,930 $174 102 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
656 Hyannie Street 4 2.1 2,471 $449,900 $182 167 days
740 Pepper Street 5 2 2,096 $443,500 $211 86 days
1091 Peacock Avenue 3 2 1,649 $379,900 $230 43 days
670 Nash Street 3 2 2,494 $360,000 $144 44 days
956 Pebble Avenue 3 2 1,700 $270,000 $158 34 days
795 Emerson Drive 3 2 1,658 $249,900 $150 33 days
Average: 3.5 2.0 2,011 $358,866 $179 68 days
Viewing 1 - 6 of 6
Viewing 1 - 6 of 6
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
181 Nesbitt Street 3 2 2,010 $399,900 $399,900 $198 79 days 11/30/21
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
201 Dickinson Street 5 2.1 2,446 $379,900 $375,000 $153 43 days 10/8/21
235 Jaro Street 3 2 1,980 $399,900 $370,000 $186 72 days 9/23/21
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
938 Pembroke Avenue 3 2 1,815 $350,000 $359,000 $197 96 days 11/11/21
657 Hyannie Street 3 2 1,638 $354,990 $352,500 $215 108 days 10/25/21
948 Hunan Street 3 2 2,016 $349,900 $350,000 $173 47 days 11/25/21
Average: 3.4 2.1 1,880 $340,672 $338,735 $181 52 days
Viewing 1 - 15 of 29
Viewing 1 - 15 of 29