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.

Buyer's Market
6.5
months of inventory

About 6.5 months of inventory — supply is outpacing demand, so buyers have room to negotiate (over 6 months = buyer's market).

Median Sale Price
$529K
500 sold / yr
1-Yr Appreciation
median price
Days on Market
36
median
Sale-to-List
107.5%
of asking
Sales Pace
41.7/mo
last 12 mo
Active Listings
271
for sale now
Median Sale Price — Trailing 24 Months

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

Homes for Sale in 32940

271 active listings in Melbourne

View all 32940 listings
8224 Loren Cove Drive, Melbourne, Fl 32940, FL8224 Loren Cove Drive, Melbourne, Fl 32940, FL
ActiveTownhouse360°

$415,000

8224 Loren Cove Drive, Melbourne, Fl 32940

Melbourne, FL 32940

3 bd · 2 ba · 1,694 sqft

Loren Cove

MLS ID #1084471, Keller Williams Realty Brevard.

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

8870 Napolo Drive, Melbourne, Fl 32940, FL8870 Napolo Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$575,000

8870 Napolo Drive, Melbourne, Fl 32940

Melbourne, FL 32940

3 bd · 4 ba · 2,044 sqft

Arrivas Village - Phase 2

MLS ID #1084490, Coastal Life Properties LLC.

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

8853 Blissful Breeze Trail, FL
Stellar MLS
ActiveVilla360°

$424,840

8853 Blissful Breeze Trail

Melbourne, FL 32940

2 bd · 2 ba · 1,579 sqft

Del Webb At Viera - Phase 5b

MLS ID #O6433391, PULTE REALTY OF NORTH FLORIDA LLC.

Listing provided by Stellar MLS

8963 Blissful Breeze Trail, FL8963 Blissful Breeze Trail, FL
Stellar MLS
ActiveVilla

$409,710

8963 Blissful Breeze Trail

Melbourne, FL 32940

2 bd · 2 ba · 1,579 sqft

Del Webb At Viera - Phase 5b

MLS ID #O6433222, PULTE REALTY OF NORTH FLORIDA LLC.

Listing provided by Stellar MLS

8105 Tethys Court, Melbourne, Fl 32940, FL8105 Tethys Court, Melbourne, Fl 32940, FL
ActiveTownhouse360°

$435,000

8105 Tethys Court, Melbourne, Fl 32940

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®)

7895 Citrus Creek Drive, Melbourne, Fl 32940, FL7895 Citrus Creek Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$424,900

7895 Citrus Creek Drive, Melbourne, Fl 32940

Melbourne, FL 32940

3 bd · 2 ba · 2,011 sqft

Misty Creek Unit 2

MLS ID #1080888, Real Broker LLC.

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

8904 Alister Drive, Melbourne, Fl 32940, FL8904 Alister Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$699,900

8904 Alister Drive, Melbourne, Fl 32940

Melbourne, FL 32940

3 bd · 3 ba · 2,132 sqft

Bridgewater At Viera

MLS ID #1073739, LPT Realty LLC.

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

1305 Hampton Park Lane, Melbourne, Fl 32940, FL1305 Hampton Park Lane, Melbourne, Fl 32940, FL
ActiveTownhouse360°

$279,900

1305 Hampton Park Lane, Melbourne, Fl 32940

Melbourne, FL 32940

2 bd · 3 ba · 1,110 sqft

Hampton Park Phase 3

MLS ID #1084953, Keller Williams Realty Brevard.

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

1761 Wekiva Drive, Melbourne, Fl 32940, FL1761 Wekiva Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$473,500

1761 Wekiva Drive, Melbourne, Fl 32940

Melbourne, FL 32940

3 bd · 2 ba · 1,910 sqft

Magnolia Springs Phase 3

MLS ID #1078955, Banana River Realty.

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

730 Kerry Downs Circle, Melbourne, Fl 32940, FL730 Kerry Downs Circle, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$779,900

730 Kerry Downs Circle, Melbourne, Fl 32940

Melbourne, FL 32940

4 bd · 4 ba · 3,436 sqft

Suntree Pud Stage 5 Tract 59

MLS ID #1083256, RE/MAX Aerospace Realty.

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

1765 Velky Lane, Melbourne, Fl 32940, FL1765 Velky Lane, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$425,000

1765 Velky Lane, Melbourne, Fl 32940

Melbourne, FL 32940

2 bd · 2 ba · 1,565 sqft

Bridgewater At Viera

MLS ID #1070216, EXP Realty, LLC.

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

2453 Rodina Drive, Melbourne, Fl 32940, FL2453 Rodina Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$799,999

2453 Rodina Drive, Melbourne, Fl 32940

Melbourne, FL 32940

4 bd · 4 ba · 2,887 sqft

Arrivas Village - Phase 2

MLS ID #1084919, Blue Marlin Real Estate.

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

1012 Great Belt Circle, Melbourne, Fl 32940, FL1012 Great Belt Circle, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$635,000

1012 Great Belt Circle, Melbourne, Fl 32940

Melbourne, FL 32940

3 bd · 3 ba · 2,325 sqft

Bridgewater At Viera

MLS ID #1083764, BHHS Florida Realty.

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

7196 Pena Lane, Melbourne, Fl 32940, FL7196 Pena Lane, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$578,000

7196 Pena Lane, Melbourne, Fl 32940

Melbourne, FL 32940

3 bd · 3 ba · 2,102 sqft

Arrivas Village - Phase 2

MLS ID #1080593, EXP Realty, LLC.

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

3380 Caviston Way, Melbourne, Fl 32940, FL3380 Caviston Way, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$645,000

3380 Caviston Way, Melbourne, Fl 32940

Melbourne, FL 32940

4 bd · 2 ba · 2,154 sqft

Trasona

MLS ID #1084465, Real Broker LLC.

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

3955 Fenrose Circle, Melbourne, Fl 32940, FL3955 Fenrose Circle, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$555,000

3955 Fenrose Circle, Melbourne, Fl 32940

Melbourne, FL 32940

4 bd · 2 ba · 2,236 sqft

Grand Haven Phase 1

MLS ID #1080868, Denovo Realty.

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

3320 Cappannelle Drive, Melbourne, Fl 32940, FL3320 Cappannelle Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$959,900

3320 Cappannelle Drive, Melbourne, Fl 32940

Melbourne, FL 32940

3 bd · 3 ba · 2,623 sqft

Casabella Phase Three

MLS ID #1055319, Joseph DiPrima, Broker.

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

6444 Modern Duran Drive, Melbourne, Fl 32940, FL6444 Modern Duran Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$1,795,000

6444 Modern Duran Drive, Melbourne, Fl 32940

Melbourne, FL 32940

4 bd · 5 ba · 2,864 sqft

Modern Duran

MLS ID #1084708, Compass Florida, LLC.

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

1122 Vestavia Circle, Melbourne, Fl 32940, FL1122 Vestavia Circle, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$699,900

1122 Vestavia Circle, Melbourne, Fl 32940

Melbourne, FL 32940

4 bd · 4 ba · 2,543 sqft

Sawgrass At Suntree Phase 2

MLS ID #1079817, EXP Realty, LLC.

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

2242 Rodina Drive, Melbourne, Fl 32940, FL2242 Rodina Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$700,000

2242 Rodina Drive, Melbourne, Fl 32940

Melbourne, FL 32940

4 bd · 4 ba · 2,849 sqft

Arrivas Village Phase 1

MLS ID #1077893, Compass Florida, LLC.

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

1185 Dromin Lane, Melbourne, Fl 32940, FL1185 Dromin Lane, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$699,990

1185 Dromin Lane, Melbourne, Fl 32940

Melbourne, FL 32940

4 bd · 4 ba · 3,027 sqft

Capron Ridge Phase 4

MLS ID #1084866, Ellingson Properties.

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

2568 Millennium Circle, Melbourne, Fl 32940, FL2568 Millennium Circle, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$724,000

2568 Millennium Circle, Melbourne, Fl 32940

Melbourne, FL 32940

4 bd · 3 ba · 2,453 sqft

Bridgewater At Viera

MLS ID #1065165, Better Homes & Gardens RE Star.

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

8860 Napolo Drive, Melbourne, Fl 32940, FL8860 Napolo Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$629,000

8860 Napolo Drive, Melbourne, Fl 32940

Melbourne, FL 32940

4 bd · 3 ba · 2,384 sqft

Arrivas Village - Phase 2

MLS ID #1081835, Britton Group, Inc..

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

820 Kerry Downs Circle, Melbourne, Fl 32940, FL820 Kerry Downs Circle, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$924,900

820 Kerry Downs Circle, Melbourne, Fl 32940

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®)

32940 Market — Common Questions

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

32940 (Melbourne) is currently a buyer's market with about 6.5 months of inventory. About 6.5 months of inventory — supply is outpacing demand, so buyers have room to negotiate (over 6 months = buyer's market).

What is the median home price in 32940?+

The median sale price in 32940 over the last 12 months is approximately $529K based on recent Stellar MLS closed sales.

How fast do homes sell in 32940?+

Homes in 32940 are selling in a median of about 36 days, at roughly 108% of asking price.

How many homes are for sale in 32940?+

There are currently 271 active residential listings in 32940, with homes selling at roughly 41.7 per month.

See the greater Orlando market →

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