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City / Town Overview

Melbourne, FL

Aggregate real estate market report across all ZIPs in scope
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The Melbourne, FL real estate market currently shows 1,244 active listings, with 361 pending sales. Homes are averaging 56.2 days on the market before going under contract.

Inventory has tightened compared to last year, with 33 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 56.2 days on market compared to 52.1 days last year.

The median listing price has fallen 2.8% year-over-year, from $425,204 to $413,399.

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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
1,244
⇩ 2.6% vs 1,277 last year
Pending
361
29% pending ratio
Median Price
$413,399
⇩ 2.8% vs $425,204 last year
Average Price
$499,135
⇩ 1.9% vs $508,633 last year
Days on Market
56.2
⇧ 7.9% vs 52 days last year

Price Per Square Foot

Median $/sqft
$232
⇩ 3.2% vs $240/sqft last year
Median Home Size
1,782 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 %