Active Listings
504
⇩ 2.7% vs 518 last year
Data as of April 2026. Source: Realtor.com.
The MELBOURNE, FL real estate market (32940) currently shows 504 active listings, with 167 pending sales. Homes are averaging 63 days on the market before going under contract.
Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 63 days on market compared to 53 days last year.
The median listing price has fallen 0.5% year-over-year, from $499,950 to $497,230.
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: 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 April 2026, there are 504 active listings in MELBOURNE, FL (zip code 32940), compared to 518 the prior year.
The median listing price in MELBOURNE, FL 32940 is $497,230 as of April 2026, a 0.5% decrease from $499,950 the prior year.
Homes in MELBOURNE, FL 32940 spend an average of 63 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MELBOURNE, FL 32940 is currently a Balanced Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 63 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in MELBOURNE, FL 32940 save an estimated $9,945 compared to a typical 5% commission on the median listing price of $497,230. 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.