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.
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).
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
262 active listings in Melbourne
$366,900
2015 Bayhill Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,501 sqft
Bayhill At Viera E Phase 1
MLS ID #1088249, CENTURY 21 Baytree Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$1,149,000
5337 Kirkwall Circle, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 3 ba · 2,610 sqft
St Andrews Manor
MLS ID #1088259, RE/MAX Aerospace Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$384,900
3455 Spencer Lane, Melbourne, Fl 32940
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®)
$454,900
8833 Nixie Avenue Sw, Melbourne, Fl 32940
Melbourne, FL 32940
2 bd · 2 ba · 1,405 sqft
Del Webb At Viera Phase 3
MLS ID #1083314, YourHome Sold Guaranteed Rlty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$425,000
2646 Spur Drive, Melbourne, Fl 32940
Melbourne, FL 32940
2 bd · 2 ba · 1,749 sqft
Loren Cove
MLS ID #1087256, Real Broker, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$625,000
3235 Hummingbird Way, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 3 ba · 2,178 sqft
Sendero Cove & Sierra Cove At Addison Village Phase 1
MLS ID #1083204, Keller Williams Realty Brevard.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$171,900
7667 N Wickham Road 1118, Melbourne, Fl 32940
Melbourne, FL 32940
2 bd · 2 ba · 1,078 sqft
Cypress Cove At Suntree A Condo
MLS ID #1084223, HomeSmart Coastal Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$575,000
4459 Chastain Drive, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 3 ba · 2,504 sqft
Grand Haven Phase 7 A Replat Of A Portion Of T
MLS ID #1088067, Keller Williams Realty Brevard.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$597,500
780 Glen Abbey Way, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 2 ba · 2,064 sqft
Isles Of Baytree Phase 2 A Replat Of Tract L Isl
MLS ID #1087737, Arium Real Estate, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$1,599,900
2898 Wyndham Way, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 3 ba · 3,142 sqft
Wyndham At Duran
MLS ID #1081751, Florida Homes Rlty. & Mtg. LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$1,000,000
1444 Arundel Way, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 3 ba · 3,050 sqft
Arundel - Baytree Pud Phase 2 Stage 2
MLS ID #1087907, Real Broker, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$670,000
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®)
$599,000
1102 Egret Lake Way, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,862 sqft
Crane Creek Unit 2 Phase 3
MLS ID #1080997, Regal Properties International.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$468,950
3371 Galeras Dr
Viera, FL 32940
3 bd · 2 ba · 1,481 sqft
Pangea Park Phases 3 & 4
MLS ID #O6443549, VIERA REALTY, INC..
Listing provided by Stellar MLS
$915,000
8614 Catalissa Avenue, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 4 ba · 2,810 sqft
Sierra Cove
MLS ID #1087093, EXP Realty, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$569,900
1454 Cypress Trace Dr
Melbourne, FL 32940
4 bd · 2 ba · 2,360 sqft
Cypress Trace Suntree Pud Stage 04
MLS ID #O6440753, HOUSEMAX PRO REALTY.
Listing provided by Stellar MLS
$939,999
7699 Kerrington Drive, Melbourne, Fl 32940
Melbourne, FL 32940
5 bd · 4 ba · 3,561 sqft
Kerrington
MLS ID #1082805, Weichert REALTORS Hallmark Pro.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$569,900
569 Spring Lake Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 2,327 sqft
Suntree Pud Stage 5 Tract 55
MLS ID #1085672, Barrier Island Properties.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$358,000
905 Osprey Dr
Melbourne, FL 32940
3 bd · 2 ba · 1,768 sqft
Eagles Landing At Suntree
MLS ID #TB8546745, NEX-GEN FLORIDA REALTY, INC..
Listing provided by Stellar MLS
$829,990
1301 Cape Sable Drive, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 3 ba · 3,102 sqft
Sawgrass At Suntree Phase 3
MLS ID #1087598, Nexthome Coastal Vista.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$550,000
3120 Ribbon Grass Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 3 ba · 1,933 sqft
Sendero Cove
MLS ID #1086878, RE/MAX Elite.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$499,998
511 Royston Lane, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,793 sqft
Baytree Pud Phase 1 Stage 1-5
MLS ID #1086253, CENTURY 21 Baytree Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$573,490
2234 Salew Street, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 3 ba · 1,850 sqft
Reeling Park
MLS ID #1087725, Viera Builders Realty, Inc..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$405,000
2680 Ballydoyle Lane, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,458 sqft
Loren Cove
MLS ID #1079642, Sell Florida Homes, Inc..
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 $526K 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 262 active residential listings in 32940, with homes selling at roughly 110.8 per month.
Thinking of buying or selling in 32940?
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