Data as of September 2026. Source: Realtor.com.
The MELBOURNE, FL real estate market (32904) currently shows 197 active listings, with 50 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 65 days on market compared to 62 days last year.
The median listing price has fallen 4.6% year-over-year, from $418,750 to $399,488.
Population: 36,556 · Density: 65.0/mi² · Median household income: $85,618
Typical home value: $310,112 · Homeownership: 80.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32904 | Melbourne, FL 32904 | 0.0 mi | 187 | $80,800,269 | $425,000 | $432,087 |
| 32908 | Palm Bay, FL 32908 | 6.8 mi | 301 | $114,076,291 | $359,975 | $378,991 |
| 32909 | Palm Bay, FL 32909 | 11.1 mi | 509 | $190,442,350 | $354,923 | $374,150 |
| 32905 | Palm Bay, FL 32905 | 11.7 mi | 211 | $62,169,462 | $262,473 | $294,642 |
| 32950 | Malabar, FL 32950 | 13.2 mi | 25 | $18,758,250 | $675,000 | $750,330 |
| 32940 | Melbourne, FL 32940 | 14.6 mi | 461 | $265,052,411 | $450,000 | $574,951 |
| 34773 | Saint Cloud, FL 34773 | 15.8 mi | 132 | $55,219,032 | $409,990 | $418,326 |
| 32951 | Melbourne Beach, FL 32951 | 17.2 mi | 193 | $207,179,131 | $740,750 | $1,073,467 |
| 32955 | Rockledge, FL 32955 | 19.7 mi | 284 | $165,083,804 | $386,250 | $581,281 |
| 32948 | Fellsmere, FL 32948 | 20.3 mi | 25 | $18,795,225 | $697,750 | $751,809 |
| 32966 | Vero Beach, FL 32966 | 22.9 mi | 247 | $96,868,460 | $348,000 | $392,180 |
| 32931 | Cocoa Beach, FL 32931 | 23.7 mi | 277 | $174,502,521 | $477,450 | $629,973 |
| 32926 | Cocoa, FL 32926 | 26.3 mi | 119 | $51,640,526 | $379,950 | $433,954 |
As of September 2026, there are 197 active listings in MELBOURNE, FL (zip code 32904), compared to 221 the prior year.
The median listing price in MELBOURNE, FL 32904 is $399,488 as of September 2026, a 4.6% decrease from $418,750 the prior year.
Homes in MELBOURNE, FL 32904 spend an average of 65 days on the market before going under contract, compared to 62 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MELBOURNE, FL 32904 is currently a Balanced Market. Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in MELBOURNE, FL 32904 save an estimated $7,990 compared to a typical 5% commission on the median listing price of $399,488. 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.