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
767 Emerson 6 3 3,844 $399,900 $104 267 days
745 Haftez 4 3 2,445 $359,900 $147 20 days
735 Haftez 4 3 2,406 $359,900 $149 20 days
1100 Humay 4 3 2,409 $345,000 $143 42 days
741 Turj 4 2 2,716 $329,000 $121 21 days
416 Hurst 3 2 2,162 $278,500 $128 36 days
250 Naylor 4 2 1,982 $274,000 $138 28 days
806 Hunan 4 2 2,270 $269,000 $118 97 days
391 Huntsville 3 2 1,970 $239,900 $121 7 days
985 Ripley 3 2 1,751 $235,000 $134 3 days
902 Pellam 4 2.1 2,154 $229,000 $106 18 days
Average: 3.9 2.4 2,373 $301,736 $128 51 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
826 Hunan 4 3 3,296 $271,500 $82 51 days
780 Pepper 3 2 2,386 $265,000 $111 47 days
541 Sterling 4 2 2,081 $225,000 $108 25 days
Average: 3.7 2.3 2,587 $253,833 $100 41 days
Viewing 1 - 3 of 3
Viewing 1 - 3 of 3
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
746 Huntington 4 2.1 2,453 $400,000 $375,000 $152 129 days 2/21/20
242 Jaro 3 3 2,622 $359,900 $350,000 $133 98 days 2/24/20
671 NE Honolulu 5 3 2,381 $342,215 $342,215 $143 49 days 3/30/20
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
950 Haas 4 3 2,451 $325,000 $315,000 $128 167 days 3/17/20
256 Hurst Unit 45 4 2 2,148 $310,000 $310,000 $144 48 days 12/10/19
1021 Pellam 4 2.1 2,279 $309,900 $304,888 $133 55 days 3/31/20
665 Narragansett Unit 45 4 3 2,156 $270,999 $271,000 $125 51 days 2/6/20
617 Narragansett 4 2 2,146 $259,999 $259,999 $121 83 days 1/15/20
357 Humbert 3 2 1,774 $250,000 $250,000 $140 20 days 3/13/20
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
939 Pembroke 3 2 1,680 $225,000 $225,000 $133 42 days 12/27/19
Average: 3.5 2.3 2,108 $270,235 $264,150 $124 83 days
Viewing 1 - 15 of 20
Viewing 1 - 15 of 20