In July 2026, the median home sale price in Melbourne (32940), FL was $495,000, with homes selling in an average of 70 days — slower than the 67-day average last year, suggesting buyers have more negotiating room. A total of 80 homes sold in this period, down from 112 last year.
The median list price of condos/co-ops in Melbourne (32940), FL, was $325,000 in July 2026, compared to $279,900 in July 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 July 2026, compared to $0 in July 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 July 2026, compared to $199,950 in July 2025.
Melbourne (32940), FL Housing Market Analysis
There are currently 20 homes listed for sale in Melbourne (32940), FL, an increase of 25.00% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $766,894 (up 45.47% year-over-year), and the average price per square foot is $270 compared to $252 in 2025. Properties spend an average of 58 days on the market before going under contract.
