Data as of March 2026. Source: Realtor.com.
The MELBOURNE, FL real estate market (32904) currently shows 196 active listings, with 59 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has tightened compared to last year, with 38 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 57 days on market compared to 47 days last year.
The median listing price has fallen 1.4% year-over-year, from $425,000 to $418,975.
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.
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 March 2026, there are 196 active listings in MELBOURNE, FL (zip code 32904), compared to 234 the prior year.
The median listing price in MELBOURNE, FL 32904 is $418,975 as of March 2026, a 1.4% decrease from $425,000 the prior year.
Homes in MELBOURNE, FL 32904 spend an average of 57 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MELBOURNE, FL 32904 is currently a Balanced Market. Inventory has tightened compared to last year, with 38 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in MELBOURNE, FL 32904 save an estimated $8,380 compared to a typical 5% commission on the median listing price of $418,975. 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.