In October 2026, the median home sale price in Melbourne (32940), FL was $492,930, with homes selling in an average of 61 days — faster than the 74-day average last year, indicating stronger demand. A total of 74 homes sold in this period, down from 96 last year.
The median list price of condos/co-ops in Melbourne (32940), FL, was $468,950 in October 2026, compared to $230,450 in October 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 October 2026, compared to $0 in October 2025.
Melbourne (32940), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Melbourne (32940), FL, was $0 in October 2026, compared to $0 in October 2025.
Melbourne (32940), FL Housing Market Analysis
There are currently 20 homes listed for sale in Melbourne (32940), FL, an increase of 42.86% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $668,684 (up 20.97% year-over-year), and the average price per square foot is $262 compared to $258 in 2025. Properties spend an average of 74 days on the market before going under contract.