Active Listings
375
⇩ 24.1% vs 494 last year
Data as of September 2026. Source: Realtor.com.
The MELBOURNE, FL real estate market (32940) currently shows 375 active listings, with 119 pending sales. Homes are averaging 54 days on the market before going under contract.
Inventory has tightened compared to last year, with 119 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 54 days on market compared to 65 days last year.
The median listing price has risen 2.9% year-over-year, from $485,250 to $499,499.
Population: 47,030 · Density: 316.9/mi² · Median household income: $100,792
Typical home value: $397,660 · Homeownership: 84.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32940 | Melbourne, FL 32940 | 0.0 mi | 461 | $265,052,411 | $450,000 | $574,951 |
| 32934 | Melbourne, FL 32934 | 6.3 mi | 77 | $57,537,018 | $570,613 | $747,234 |
| 32952 | Merritt Island, FL 32952 | 8.6 mi | 171 | $152,546,535 | $574,000 | $892,085 |
| 32931 | Cocoa Beach, FL 32931 | 10.5 mi | 277 | $174,502,521 | $477,450 | $629,973 |
| 32926 | Cocoa, FL 32926 | 12.5 mi | 119 | $51,640,526 | $379,950 | $433,954 |
| 32903 | Indialantic, FL 32903 | 12.7 mi | 151 | $112,241,320 | $695,000 | $743,320 |
| 32907 | Palm Bay, FL 32907 | 14.7 mi | 367 | $135,348,499 | $349,997 | $368,797 |
| 32905 | Palm Bay, FL 32905 | 16.0 mi | 211 | $62,169,462 | $262,473 | $294,642 |
| 32927 | Cocoa, FL 32927 | 17.3 mi | 157 | $51,540,745 | $325,000 | $328,285 |
| 32920 | Cape Canaveral, FL 32920 | 18.8 mi | 191 | $78,988,814 | $319,675 | $413,554 |
| 34771 | Saint Cloud, FL 34771 | 22.5 mi | 520 | $286,497,120 | $460,950 | $550,956 |
| 32780 | Titusville, FL 32780 | 22.8 mi | 399 | $140,037,030 | $274,800 | $350,970 |
| 32709 | Christmas, FL 32709 | 23.7 mi | 5 | $5,076,250 | $962,000 | $1,015,250 |
As of September 2026, there are 375 active listings in MELBOURNE, FL (zip code 32940), compared to 494 the prior year.
The median listing price in MELBOURNE, FL 32940 is $499,499 as of September 2026, a 2.9% increase from $485,250 the prior year.
Homes in MELBOURNE, FL 32940 spend an average of 54 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MELBOURNE, FL 32940 is currently a Seller's Market. Inventory has tightened compared to last year, with 119 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 54 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in MELBOURNE, FL 32940 save an estimated $9,990 compared to a typical 5% commission on the median listing price of $499,499. 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.