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
720 Needle Avenue 5 3.1 3,335 $705,000 $211 57 days
385 Humbert Street 4 2 2,245 $545,000 $242 30 days
221 Peake Street 4 2.1 2,139 $528,000 $246 89 days
461 Ne Neptune Drive 4 3 2,212 $524,777 $237 13 days
914 Mina Avenue 4 2 1,930 $499,990 $259 359 days
680 Honolulu Avenue 4 2 2,109 $499,000 $236 109 days
902 Pellam Avenue 4 2.1 2,163 $455,000 $210 2 days
415 Hurst Road 4 2.1 2,111 $449,900 $213 10 days
881 Hunan Street 3 2.2 1,849 $408,900 $221 147 days
127 Naylor Street 4 2 2,146 $399,800 $186 67 days
631 Emerson Drive 3 2 1,737 $399,500 $229 41 days
646 Hunan Street 3 2 1,238 $340,000 $274 133 days
351 Myakka Street 4 2 2,101 $315,000 $149 114 days
Average: 3.8 2.2 2,101 $466,912 $224 48 days
Viewing 1 - 13 of 13
Viewing 1 - 13 of 13
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
592 Narragansett Street 5 2 3,295 $674,900 $700,000 $212 16 days 7/1/22
350 Hungry Street 4 2 2,690 $599,900 $575,000 $213 25 days 7/26/22
735 Haftez Street 5 3 2,427 $525,000 $525,000 $216 5 days 7/13/22
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
760 Alaska Avenue 4 2.1 2,735 $475,000 $475,000 $173 21 days 6/13/22
861 Ripley Terrace 3 2 2,154 $469,000 $465,000 $215 39 days 11/8/22
561 Ranier Street 4 2 2,138 $475,000 $450,000 $210 5 days 7/15/22
187 Naylor Street 3 2 1,618 $460,000 $445,000 $275 23 days 10/5/22
792 Corona Avenue 3 2 1,482 $425,000 $445,000 $300 1 day 8/9/22
914 Peach Avenue 3 2 1,982 $450,000 $440,000 $221 16 days 7/29/22
1066 Pennsylvania Avenue 3 2 2,179 $439,700 $439,700 $201 64 days 9/13/22
229 Hurst Road 3 2 1,725 $439,899 $430,000 $249 67 days 7/19/22
1101 Peacock Avenue 3 2 2,156 $410,000 $420,000 $194 9 days 8/15/22
1070 Hoyt Court 4 2.1 2,258 $439,000 $417,000 $184 74 days 9/13/22
Average: 3.5 2.1 2,035 $430,410 $427,394 $212 27 days
Viewing 1 - 15 of 25
Viewing 1 - 15 of 25