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

In September 2026, the median home sale price in Melbourne (32940), FL was $495,000, with homes selling in an average of 65 days — faster than the 70-day average last year, indicating stronger demand. A total of 78 homes sold in this period, down from 110 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 $529,900 in September 2026, compared to $507,000 in September 2025.

Melbourne (32940), FL Market Trend for Houses

Median List Price
The median list price of houses in Melbourne (32940), FL, was $529,900 in September 2026, compared to $559,000 in September 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 September 2026, compared to $219,000 in September 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 September 2026, compared to $0 in September 2025.

Melbourne (32940), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Melbourne (32940), FL, was $0 in September 2026, compared to $0 in September 2025.

Melbourne (32940), FL Housing Market Analysis

There are currently 21 homes listed for sale in Melbourne (32940), FL, an increase of 5.00% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $787,789 (up 46.76% year-over-year), and the average price per square foot is $266 compared to $255 in 2025. Properties spend an average of 65 days on the market before going under contract.
21
for sale
2
for rent
78
sold
Median Price
$530K
Median SQFT Price
$266
SF Range
1,332 - 4,290 SF
Beds
2 - 5
Avg. Dom
65 days
Year Built
1980 - 2026
Monthly brief
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Properties in Melbourne (32940), FL

For Sale
$569,900
House
4 bds · 2 ba · 2,360 sqft
CYPRESS TRACE SUNTREE PUD STAGE 04, MELBOURNE
1454 CYPRESS TRACE DRIVE
New
For Sale
$529,900
House
5 bds · 2 ba · 2,827 sqft
SANDHILL XING/BREVARD, MELBOURNE
1535 FUJI DRIVE
New
For Sale
$420,620
House
2 bds · 2 ba · 1,579 sqft
DEL WEBB AT VIERA - PHASE 5, MELBOURNE
8974 BLISSFUL BREEZE TRAIL
New
For Sale
$530,320
House
3 bds · 2 ba · 1,655 sqft
DEL WEBB AT VIERA, VIERA
3683 GUAVA PALMS COURT
New
For Sale
$359,000
House
3 bds · 2 ba · 1,768 sqft
EAGLES LANDING AT SUNTREE, MELBOURNE
905 OSPREY DR
New
For Sale
$639,620
House
2 bds · 2 ba · 1,827 sqft
DEL WEBB AT VIERA, MELBOURNE
9166 PACIFIC PALMS AVENUE
New
For Sale
$580,000
House
3 bds · 2 ba · 2,102 sqft
REELING PARK NORTH & SEVILLE AT ADDISON VILLAGE, MELBOURNE
2564 ADDISON DRIVE
For Sale
$299,000
House
2 bds · 2 ba · 1,332 sqft
SUNTREE P.U.D. STAGE 1 TR, Melbourne
223 Augusta Way, Melbourne FL 32940

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