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MELBOURNE, FL 32901

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MELBOURNE, FL real estate market (32901) currently shows 176 active listings, with 40 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

The median listing price has fallen 5.4% year-over-year, from $349,900 to $331,000.

Whether you are buying or selling in MELBOURNE, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,574  ·  Density: 882.5/mi²  ·  Median household income: $47,115

Typical home value: $225,298  ·  Homeownership: 49.2%

Market Overview

Active Listings
176
⇧ 0.6% vs 175 last year
Pending
40
23% pending ratio
Median Price
$331,000
⇩ 5.4% vs $349,900 last year
Average Price
$465,237
⇩ 7.4% vs $502,258 last year
Days on Market
57
vs 57 days last year

Price Per Square Foot

Median $/sqft
$213
⇩ 10.1% vs $237/sqft last year
Median Home Size
1,632 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 176 this year vs 175 last year
  • Days on market: 57 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $331,000 (-5.4% YoY)
  • Average: $465,237 (-7.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.5 miles — 2,749 listings ($1,226,917,741 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32901Melbourne, FL 329010.0 mi178$79,496,936$326,225$446,612
32905Palm Bay, FL 329053.6 mi211$62,169,462$262,473$294,642
32907Palm Bay, FL 329075.7 mi367$135,348,499$349,997$368,797
32934Melbourne, FL 329346.7 mi77$57,537,018$570,613$747,234
32908Palm Bay, FL 329089.6 mi301$114,076,291$359,975$378,991
32904Melbourne, FL 3290411.3 mi187$80,800,269$425,000$432,087
32909Palm Bay, FL 3290912.2 mi509$190,442,350$354,923$374,150
32976Sebastian, FL 3297615.9 mi35$14,278,250$380,990$407,950
32931Cocoa Beach, FL 3293116.8 mi277$174,502,521$477,450$629,973
32958Sebastian, FL 3295821.3 mi291$160,717,554$396,749$552,294
32948Fellsmere, FL 3294822.1 mi25$18,795,225$697,750$751,809
32926Cocoa, FL 3292624.6 mi119$51,640,526$379,950$433,954
32953Merritt Island, FL 3295326.5 mi172$87,112,840$462,250$506,470

Frequently Asked Questions

How many homes are for sale in MELBOURNE, FL 32901?

As of March 2026, there are 176 active listings in MELBOURNE, FL (zip code 32901), compared to 175 the prior year.

What is the median home price in MELBOURNE, FL 32901?

The median listing price in MELBOURNE, FL 32901 is $331,000 as of March 2026, a 5.4% decrease from $349,900 the prior year.

How long do homes stay on the market in MELBOURNE, FL?

Homes in MELBOURNE, FL 32901 spend an average of 57 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in MELBOURNE, FL 32901?

Based on current inventory and days-on-market data as of March 2026, MELBOURNE, FL 32901 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

How much can I save on real estate commission in MELBOURNE, FL?

With SELL123.com's maximum 3% commission, sellers in MELBOURNE, FL 32901 save an estimated $6,620 compared to a typical 5% commission on the median listing price of $331,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.