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 6.4 months of inventory — supply is outpacing demand, so buyers have room to negotiate (over 6 months = buyer'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
268 active listings in Melbourne
$411,010
8973 Blissful Breeze Trail
Melbourne, FL 32940
2 bd · 2 ba · 1,579 sqft
Del Webb At Viera - Phase 5b
MLS ID #O6433220, PULTE REALTY OF NORTH FLORIDA LLC.
Listing provided by Stellar MLS
$472,000
3320 Galeras Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,795 sqft
Pangea Park
MLS ID #1029298, Viera Builders Realty, Inc..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$467,000
3431 Galeras Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,731 sqft
Pangea Park
MLS ID #1080657, Viera Builders Realty, Inc..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$485,900
3088 Pangea Circle, Melbourne, Fl 32940
Melbourne, FL 32940
2 bd · 2 ba · 1,921 sqft
Pangea Park
MLS ID #1030775, Viera Builders Realty, Inc..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$475,400
3300 Galeras Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,795 sqft
Pangea Park
MLS ID #1050101, Viera Builders Realty, Inc..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$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®)
$545,000
8006 Bradwick Way, Melbourne, Fl 32940
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®)
$569,000
3034 Casterton Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 3 ba · 1,915 sqft
Trasona
MLS ID #1079928, Florida Homes Rlty & Mtg. LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$495,500
1406 Cypress Trace Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,652 sqft
Cypress Trace Suntree Pud Stage 4
MLS ID #1084877, Landshark Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$549,900
2477 Kamin Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,732 sqft
Pangea Park
MLS ID #1082139, Coconut Properties Fl Real Est.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$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®)
$1,549,000
8719 Serrano Circle, Melbourne, Fl 32940
Melbourne, FL 32940
5 bd · 4 ba · 3,429 sqft
Valencia
MLS ID #1084670, Dreyer & Associates R.E. Grp..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$625,000
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®)
$630,000
8426 Stalwart Circle, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 4 ba · 2,583 sqft
Strom Park
MLS ID #1084609, Real Estate Direct of Florida.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$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®)
$515,000
3156 Quint Drive, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 3 ba · 2,271 sqft
Heritage Isle Pud Phase 5
MLS ID #1083687, Watson Realty Corp.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$535,000
2991 Casterton Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 3 ba · 1,938 sqft
Trasona
MLS ID #1082186, RE/MAX Elite.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$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®)
$829,000
8205 Millbrook Avenue, Melbourne, Fl 32940
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®)
$1,070,000
8289 Stonecrest Drive, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 4 ba · 3,149 sqft
Stonecrest
MLS ID #1078577, Denovo Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$449,900
3151 Anza Street, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,861 sqft
Heritage Isle Pud Phase 8
MLS ID #1081312, HomeSmart Coastal Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$410,000
2062 Great Belt Circle, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,493 sqft
Bridgewater At Viera
MLS ID #1084853, LoKation.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$564,900
4981 Spinet Dr
Melbourne, FL 32940
4 bd · 3 ba · 2,862 sqft
Grand Haven Ph 05
MLS ID #O6416419, KELLER WILLIAMS REALTY AT THE PARKS.
Listing provided by Stellar MLS
$390,000
4452 Bowmore Place, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 2 ba · 1,851 sqft
Sawgrass At Suntree Phase 2
MLS ID #1084790, Keller Williams Space Coast.
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 6.4 months of inventory. About 6.4 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 268 active residential listings in 32940, with homes selling at roughly 41.7 per month.
Thinking of buying or selling in 32940?
Get a precise, broker-prepared read on your home or your search — real local expertise, not an algorithm.