Active Listings
415
⇩ 23.1% vs 540 last year
Data as of July 2026. Source: Realtor.com.
The MELBOURNE, FL real estate market (32940) currently shows 415 active listings, with 148 pending sales. Homes are averaging 53 days on the market before going under contract.
Inventory has tightened compared to last year, with 125 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 53 days on market compared to 67 days last year.
The median listing price has fallen 3.5% year-over-year, from $497,875 to $480,650.
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 July 2026, there are 415 active listings in MELBOURNE, FL (zip code 32940), compared to 540 the prior year.
The median listing price in MELBOURNE, FL 32940 is $480,650 as of July 2026, a 3.5% decrease from $497,875 the prior year.
Homes in MELBOURNE, FL 32940 spend an average of 53 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MELBOURNE, FL 32940 is currently a Seller's Market. Inventory has tightened compared to last year, with 125 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 53 days on market compared to 67 days last year.
With SELL123.com's maximum 3% commission, sellers in MELBOURNE, FL 32940 save an estimated $9,613 compared to a typical 5% commission on the median listing price of $480,650. 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.