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Village of Eau Gallie

MELBOURNE, FL 32935

Real Estate Market Report  ·  Brevard County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 32935

Village of Eau Gallie

Market Analysis

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

The MELBOURNE, FL real estate market (32935) currently shows 254 active listings, with 70 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 31 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 59 days on market compared to 57 days last year.

The median listing price has fallen 5% year-over-year, from $293,000 to $278,450.

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: 41,342  ·  Density: 1,214.6/mi²  ·  Median household income: $61,069

Typical home value: $217,107  ·  Homeownership: 59.5%

Market Overview

Active Listings
254
⇩ 10.9% vs 285 last year
Pending
70
28% pending ratio
Median Price
$278,450
⇩ 5% vs $293,000 last year
Average Price
$325,952
⇩ 14.7% vs $382,278 last year
Days on Market
59
⇧ 3.5% vs 57 days last year

Price Per Square Foot

Median $/sqft
$202
⇩ 4.3% vs $211/sqft last year
Median Home Size
1,297 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 254 this year vs 285 last year
  • Days on market: 59 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $278,450 (-5% YoY)
  • Average: $325,952 (-14.7% 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 26.1 miles — 2,694 listings ($1,405,477,112 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32935Melbourne, FL 329350.0 mi273$93,803,892$289,450$343,604
32934Melbourne, FL 329343.9 mi77$57,537,018$570,613$747,234
32901Melbourne, FL 329014.8 mi178$79,496,936$326,225$446,612
32905Palm Bay, FL 329058.3 mi211$62,169,462$262,473$294,642
32952Merritt Island, FL 3295212.0 mi171$152,546,535$574,000$892,085
32950Malabar, FL 3295012.4 mi25$18,758,250$675,000$750,330
32955Rockledge, FL 3295512.9 mi284$165,083,804$386,250$581,281
32951Melbourne Beach, FL 3295115.1 mi193$207,179,131$740,750$1,073,467
32909Palm Bay, FL 3290916.6 mi509$190,442,350$354,923$374,150
32926Cocoa, FL 3292619.9 mi119$51,640,526$379,950$433,954
32920Cape Canaveral, FL 3292021.2 mi191$78,988,814$319,675$413,554
32953Merritt Island, FL 3295321.8 mi172$87,112,840$462,250$506,470
32958Sebastian, FL 3295826.1 mi291$160,717,554$396,749$552,294

Frequently Asked Questions

How many homes are for sale in MELBOURNE, FL 32935?

As of April 2026, there are 254 active listings in MELBOURNE, FL (zip code 32935), compared to 285 the prior year.

What is the median home price in MELBOURNE, FL 32935?

The median listing price in MELBOURNE, FL 32935 is $278,450 as of April 2026, a 5% decrease from $293,000 the prior year.

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

Homes in MELBOURNE, FL 32935 spend an average of 59 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 32935?

Based on current inventory and days-on-market data as of April 2026, MELBOURNE, FL 32935 is currently a Balanced Market. Inventory has tightened compared to last year, with 31 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 59 days on market compared to 57 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MELBOURNE, FL 32935 save an estimated $5,569 compared to a typical 5% commission on the median listing price of $278,450. 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.