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

In August 2026, the median home sale price in Melbourne (32940), FL was $500,000, with homes selling in an average of 67 days — faster than the 70-day average last year, indicating stronger demand. A total of 77 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 $469,000 in August 2026, compared to $485,000 in August 2025.

Melbourne (32940), FL Market Trend for Houses

Median List Price
The median list price of houses in Melbourne (32940), FL, was $469,000 in August 2026, compared to $499,260 in August 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 $0 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 $0 in August 2026, compared to $199,950 in August 2025.

Melbourne (32940), FL Housing Market Analysis

There are currently 17 homes listed for sale in Melbourne (32940), FL, a decrease of 5.56% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $850,815 (up 66.39% year-over-year), and the average price per square foot is $269 compared to $257 in 2025. Properties spend an average of 71 days on the market before going under contract.
17
for sale
2
for rent
77
sold
Median Price
$469K
Median SQFT Price
$269
SF Range
1,405 - 4,290 SF
Beds
2 - 5
Avg. Dom
71 days
Year Built
1993 - 2026
Monthly brief
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Properties in Melbourne (32940), FL

+$2K
For Sale
$411,710
House
2 bds · 2 ba · 1,579 sqft
DEL WEBB AT VIERA - PHASE 5B, MELBOURNE
8963 BLISSFUL BREEZE TRAIL
+$2K
For Sale
$413,010
House
2 bds · 2 ba · 1,579 sqft
DEL WEBB AT VIERA - PHASE 5B, MELBOURNE
8973 BLISSFUL BREEZE TRAIL
+$2K
For Sale
$426,840
House
2 bds · 2 ba · 1,579 sqft
DEL WEBB AT VIERA - PHASE 5B, MELBOURNE
8853 BLISSFUL BREEZE TRAIL
For Sale
$734,000
House
5 bds · 3 ba · 2,684 sqft
SENDERO COVE & SIERRA COVE, Melbourne
3379 RIBBON GRASS Drive, Melbourne FL 32940
For Sale
$799,000
House
4 bds · 4 ba · 3,143 sqft
TRASONA AT ADD, MELBOURNE
7356 MILLBROOK AVENUE
For Sale
$412,000
House
3 bds · 2 ba · 1,563 sqft
HOLIDAY SPGS/SUNTREE, MELBOURNE
1409 CALIFORNIA DRIVE
For Sale
$469,000
House
4 bds · 2 ba · 1,902 sqft
BAYHILL AT VIERA EAST PH 02, MELBOURNE
2336 DEERCROFT DRIVE
-$12K
For Sale
$359,900
3 bds · 2 ba · 1,625 sqft
CAPRON RIDGE PHASE 03, MELBOURNE
1819 TULLAGEE AVENUE AVENUE

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