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
264 active listings in Melbourne
$460,000
3048 Pangea Circle, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,795 sqft
Pangea Park
MLS ID #1029372, Viera Builders Realty, Inc..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$495,000
3038 Pangea Circle, Melbourne, Fl 32940
Melbourne, FL 32940
2 bd · 2 ba · 1,921 sqft
Pangea Park
MLS ID #1029387, Viera Builders Realty, Inc..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$949,999
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®)
$469,000
1969 Fabien Circle, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 2,058 sqft
Six Mile Creek Phase Ii
MLS ID #1083464, Boardwalk Realty, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$150,000
7667 N Wickham Road 705, Melbourne, Fl 32940
Melbourne, FL 32940
1 bd · 1 ba · 752 sqft
Cypress Cove At Suntree A Condo
MLS ID #1086661, Pristine Property Group, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$349,000
770 Flora Linda Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,405 sqft
Suntree Pud Stage 14 Tract 10 Unit 4 Replat
MLS ID #1085594, LPT Realty LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$420,900
620 Misty Creek Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 2,010 sqft
Misty Creek Unit 1
MLS ID #1078702, ZOOM Realty Group LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$699,900
804 Spanish Cove Drive Nw, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 3 ba · 2,096 sqft
Spanish Cove Suntree Pud Stage 4 Tract 35 And A Po
MLS ID #1086289, Cook Realty LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$274,999
2999 Vallejo Way, Melbourne, Fl 32940
Melbourne, FL 32940
2 bd · 2 ba · 1,407 sqft
Heritage Isle Pud Phase 5
MLS ID #1078862, Barrier Island Properties.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$799,900
1630 Wilmington Drive, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 3 ba · 2,543 sqft
Sawgrass At Suntree Phase 1
MLS ID #1085133, Hart To Hart Real Estate, Inc..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$669,000
1289 Tipperary Drive, Melbourne, Fl 32940
Melbourne, FL 32940
5 bd · 3 ba · 2,221 sqft
Capron Ridge Phase 1
MLS ID #1086210, Golden Realty Group of Brevard.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$649,999
2377 Trava Lane, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 3 ba · 2,605 sqft
Reeling Park
MLS ID #1080438, BHHS Florida Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$560,000
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®)
$1,399,000
2502 Edestus Drive, Melbourne, Fl 32940
Melbourne, FL 32940
5 bd · 5 ba · 3,884 sqft
Laurasia
MLS ID #1086598, Denovo Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$829,999
2737 Kamin Drive, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 4 ba · 3,243 sqft
Pangea Park
MLS ID #1086613, Dream Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$589,900
2889 Millennium Circle, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 4 ba · 2,399 sqft
Bridgewater At Viera
MLS ID #1085708, Ellingson Properties.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$725,000
486 Birchington Lane, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 3 ba · 3,023 sqft
Baytree Pud Phase 1 Stage 1-5
MLS ID #1073302, One Sotheby's International.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$454,000
366 Carmel Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,729 sqft
Mission Lake Villas Unit 2
MLS ID #1084203, Clear Realty, LLC..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$854,900
8432 Paragrass Avenue, Melbourne, Fl 32940
Melbourne, FL 32940
5 bd · 6 ba · 3,505 sqft
Sierra Cove
MLS ID #1079739, Real Estate Direct of Florida.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$421,000
8837 Splashing Drive, Melbourne, Fl 32940
Melbourne, FL 32940
2 bd · 2 ba · 1,579 sqft
Del Webb At Viera Phase 4
MLS ID #1077157, EXP Realty, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$589,900
704 Carriage Hill Road, Melbourne, Fl 32940
Melbourne, FL 32940
5 bd · 3 ba · 2,310 sqft
Mandarin Lakes Unit 1
MLS ID #1075441, Avanti Way Realty LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$185,000
7667 N Wickham Road 516, Melbourne, Fl 32940
Melbourne, FL 32940
2 bd · 2 ba · 1,078 sqft
Cypress Cove At Suntree A Condo
MLS ID #1085688, La Rosa Realty, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$239,900
1322 Hampton Park Lane, Melbourne, Fl 32940
Melbourne, FL 32940
2 bd · 3 ba · 1,110 sqft
Hampton Park Phase 3
MLS ID #1073160, Real Estate Solutions Brevard.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$499,000
881 Glen Abbey Way, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 3 ba · 2,567 sqft
Isles Of Baytree Phase 1
MLS ID #1073670, LoKation.
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 $527K 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 108% of asking price.
How many homes are for sale in 32940?+
There are currently 264 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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