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City / Town Overview

Melbourne, FL

Aggregate real estate market report across all ZIPs in scope
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Melbourne, FL real estate market currently shows 1,010 active listings, with 279 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 212 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 59 days on market compared to 64.7 days last year.

The median listing price has risen 1.2% year-over-year, from $417,688 to $422,692.

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Market Context

Market Context

Population: 170,532  ·  Density: 570.6/mi²  ·  Median household income: $79,121

Typical home value: $302,840  ·  Homeownership: 72.3%

Included Areas

Melbourne: 32901, 32912, 32919, 32934, 32936, 32941

Holiday Park: 32902

West Melbourne: 32904

Eau Gallie: 32935

Sendero Cove: 32940

Area Map

Market Overview

Active Listings
1,010
⇩ 17.3% vs 1,222 last year
Pending
279
28% pending ratio
Median Price
$422,692
⇧ 1.2% vs $417,688 last year
Average Price
$494,737
⇧ 3.5% vs $478,094 last year
Days on Market
59
⇩ 8.8% vs 65 days last year

Price Per Square Foot

Median $/sqft
$234
⇩ 0.1% vs $234/sqft last year
Median Home Size
1,785 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %