In August 2026, the median home sale price in Melbourne (32940), FL was $499,950, with homes selling in an average of 73 days — slower than the 66-day average last year, suggesting buyers have more negotiating room. A total of 74 homes sold in this period, down from 113 last year.
The median list price of condos/co-ops in Melbourne (32940), FL, was $232,495 in August 2026, compared to $249,450 in August 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 August 2026, compared to $0 in August 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 August 2026, compared to $199,950 in August 2025.
Melbourne (32940), FL Housing Market Analysis
There are currently 19 homes listed for sale in Melbourne (32940), FL, an increase of 5.56% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $768,277 (up 50.25% year-over-year), and the average price per square foot is $254 compared to $257 in 2025. Properties spend an average of 77 days on the market before going under contract.
