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Real Estate Market Trends and Analytics in Melbourne (32940), FL

In June 2026, the median home sale price in Melbourne (32940), FL was $485,000, with homes selling in an average of 72 days — slower than the 63-day average last year, suggesting buyers have more negotiating room. A total of 79 homes sold in this period, down from 111 last year.
View all properties for sale in Melbourne (32940), FL

Melbourne (32940), FL Market Trend

Median List Price
The median list price of Melbourne (32940), FL, was $489,950 in June 2026, compared to $444,350 in June 2025.

Melbourne (32940), FL Market Trend for Houses

Median List Price
The median list price of houses in Melbourne (32940), FL, was $520,000 in June 2026, compared to $482,475 in June 2025.

Melbourne (32940), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Melbourne (32940), FL, was $249,950 in June 2026, compared to $304,450 in June 2025.

Melbourne (32940), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Melbourne (32940), FL, was $2,500,000 in June 2026, compared to $0 in June 2025.

Melbourne (32940), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Melbourne (32940), FL, was $99,900 in June 2026, compared to $199,950 in June 2025.

Melbourne (32940), FL Housing Market Analysis

There are currently 23 homes listed for sale in Melbourne (32940), FL, an increase of 43.75% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $756,180 (up 65.67% year-over-year), and the average price per square foot is $273 compared to $267 in 2025. Properties spend an average of 63 days on the market before going under contract.
23
for sale
1
for rent
79
sold
Median Price
$490K
Median SQFT Price
$273
SF Range
1,170 - 4,290 SF
Beds
2 - 5
Avg. Dom
63 days
Year Built
1981 - 2026
Monthly brief
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Properties in Melbourne (32940), FL

New
For Sale
$409,210
House
2 bds · 2 ba · 1,579 sqft
DEL WEBB AT VIERA - PHASE 5B, MELBOURNE
9013 BLISSFUL BREEZE TRAIL
For Sale
$579,000
House
4 bds · 2 ba · 2,862 sqft
GRAND HAVEN PH 05, MELBOURNE
4981 SPINET DRIVE
For Sale
$410,000
House
3 bds · 2 ba · 1,539 sqft
COUNTRY WALK AT SUNTREE STAGE 08 TR 64 PUD, MELBOURNE
598 PINE FOREST COURT
For Sale
$824,900
House
4 bds · 4 ba
TRASONA AT ADDISON VILLAGE, Melbourne
For Sale
$900,000
House
4 bds · 3 ba · 3,149 sqft
KERRINGTON AT ADD, MELBOURNE
7966 WYNDHAM DRIVE
For Sale
$859,850
House
3 bds · 2 ba · 2,305 sqft
DEL WEBB AT VIERA, MELBOURNE
9030 WANDER TRAIL
-$10K
For Sale
$489,950
House
3 bds · 2 ba · 1,892 sqft
PINEDA CROSSING PH 02, MELBOURNE
5068 ALAMANDA DRIVE
-$5K
For Sale
$520,000
House
3 bds · 2 ba · 1,581 sqft
SIERRA COVE AT ADDISON VIL,SIERRA COVE AT ADDIS, Melbourne
2964 Blazing Star Drive, Melbourne FL 32940

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