Live Market Tracker · 32940

Melbourne Housing Market

Buyer's or seller's market in 32940? Here's the live read — measured from recent Stellar MLS sales and active inventory, updated automatically.

Seller's Market

2.4

months of inventory

About 2.4 months of inventory — homes are selling faster than new ones come on the market, so sellers hold the leverage (under 4 months = seller's market).

Median Sale Price

$517K

1315 sold, last 12 mo

1-Yr Appreciation

—

median price

Days on Market

median, last 12 mo

Sale-to-List

97.7%

avg, last 12 mo

Sales Pace

109.6/mo

last 12 mo

Active Listings

268

for sale now

Median Sale Price — Trailing 24 Months

Aggregate statistics from Stellar MLS closed sales over the last 12 months and live MLS inventory. A market read, not an appraisal of any home or a listing of individual sales.

Homes for Sale in 32940

268 active listings in Melbourne

View all 32940 listings

ActiveSingle Family Residence360°

$599,900

913 Coral Springs Street

Melbourne, FL 32940

3 bd · 2 ba · 2,006 sqft

Coral Springs

MLS ID #1090241, Life in the Sun Luxury Homes,.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$699,000

3894 Archdale Street

Melbourne, FL 32940

5 bd · 3 ba · 2,427 sqft

Trasona

MLS ID #1081082, The High Tide Group.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$339,000

1284 Fargo Drive

Melbourne, FL 32940

2 bd · 2 ba · 926 sqft

Holiday Springs At Suntree

MLS ID #1091401, Denovo Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence

$499,999

1345 Bonaventure Drive

Melbourne, FL 32940

3 bd · 2 ba · 1,622 sqft

MLS ID #1090887, Coastal Life Properties LLC.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence

$549,500

2959 Avalonia Drive

Melbourne, FL 32940

3 bd · 2 ba · 1,776 sqft

Avalonia

MLS ID #1089156, Dale Sorensen Real Estate Inc..

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$644,540

3104 Dampier Drive

Melbourne, FL 32940

3 bd · 3 ba · 1,960 sqft

Crossmolina

MLS ID #1057965, Viera Builders Realty, Inc..

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$719,300

2995 Dampier Drive

Melbourne, FL 32940

3 bd · 3 ba · 1,960 sqft

Crossmolina

MLS ID #1061383, Viera Builders Realty, Inc..

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveTownhouse

$248,000

709 Spring Valley Drive

Melbourne, FL 32940

2 bd · 2 ba · 1,170 sqft

Courtyards Suntree Pud Stage 5

MLS ID #1088536, Mainframe Real Estate.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$500,000

2799 Avalonia Drive

Melbourne, FL 32940

3 bd · 2 ba · 1,776 sqft

Avalonia

MLS ID #1089974, J. Edwards Real Estate.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$480,000

2789 Avalonia Drive

Melbourne, FL 32940

3 bd · 2 ba · 1,770 sqft

Avalonia

MLS ID #1089038, J. Edwards Real Estate.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$469,000

2336 Deercroft Dr

Melbourne, FL 32940

4 bd · 2 ba · 1,902 sqft

Bayhill At Viera East Ph 02

MLS ID #O6421523, DAIGNAULT REALTY INC.

Listing provided by Stellar MLS

ActiveSingle Family Residence360°

$570,000

4811 Springwater Circle

Melbourne, FL 32940

4 bd · 3 ba · 2,601 sqft

Summer Brook Section 1

MLS ID #1090522, J. Edwards Real Estate.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$924,900

820 Kerry Downs Circle

Melbourne, FL 32940

4 bd · 3 ba · 3,009 sqft

Suntree Pud Stage 5 Tract 59

MLS ID #1081711, Ellingson Properties.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence

$390,000

6088 Van Ness Drive

Melbourne, FL 32940

3 bd · 2 ba · 1,672 sqft

Heritage Isle Pud Phase 8

MLS ID #1091352, ITG Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence

$669,000

5886 Arlington Circle

Melbourne, FL 32940

4 bd · 2 ba · 2,374 sqft

Windsor Estates Phase 3

MLS ID #1089845, Nexthome Coastal Vista.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence

$819,000

8205 Millbrook Avenue

Melbourne, FL 32940

5 bd · 4 ba · 2,820 sqft

Sendero Cove & Sierra Cove At Addison Village Phase 2

MLS ID #1081132, Relentless Real Estate Co..

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveTownhouse360°

$409,900

8105 Tethys Court

Melbourne, FL 32940

3 bd · 2 ba · 1,458 sqft

Avalonia

MLS ID #1084891, EXP Realty, LLC.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveTownhouse360°

$374,900

3455 Spencer Lane

Melbourne, FL 32940

3 bd · 2 ba · 1,691 sqft

Stoneridge Subdivision

MLS ID #1085260, Denovo Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence

$409,000

430 Shell Cove Drive

Melbourne, FL 32940

3 bd · 2 ba · 1,765 sqft

Renaissance Pointe Unit 1

MLS ID #1088619, Coldwell Banker Coast Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$630,000

1331 Cape Sable Drive

Melbourne, FL 32940

4 bd · 3 ba · 2,393 sqft

Sawgrass At Suntree Phase 3

MLS ID #1091138, EXP Realty, LLC.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveTownhouse360°

$295,000

734 Pine Island Drive

Melbourne, FL 32940

2 bd · 2 ba · 1,278 sqft

Courtyards Suntree Pud Stage 5 Tract 62 Unit 2

MLS ID #1088554, Keller Williams Realty Brevard.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$619,900

1126 Acappella Drive

Melbourne, FL 32940

4 bd · 3 ba · 2,628 sqft

Coral Springs

MLS ID #1085481, EXP Realty, LLC.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence360°

$525,000

8006 Bradwick Way

Melbourne, FL 32940

3 bd · 2 ba · 1,917 sqft

Baytree Pud Phase 1 Stage 1-5

MLS ID #1080612, Real Broker, LLC.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

ActiveSingle Family Residence

$469,900

7665 Wyndham Drive

Melbourne, FL 32940

3 bd · 2 ba · 1,754 sqft

Loren Cove

MLS ID #1070548, ITG Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

32940 Market — Common Questions

Is Melbourne (32940) a buyer's or seller's market in 2026?+

32940 (Melbourne) is currently a seller's market with about 2.4 months of inventory. About 2.4 months of inventory — homes are selling faster than new ones come on the market, so sellers hold the leverage (under 4 months = seller's market).

What is the median home price in 32940?+

The median sale price in 32940 over the last 12 months is approximately $517K based on recent Stellar MLS closed sales.

How fast do homes sell in 32940?+

Homes in 32940 are selling in a median of about 34 days, at roughly 98% of asking price.

How many homes are for sale in 32940?+

There are currently 268 active residential listings in 32940, with homes selling at roughly 109.6 per month.

See the greater Orlando market →

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