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
6.4
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).

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
268
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

268 active listings in Melbourne

View all 32940 listings
8973 Blissful Breeze Trail, FL
Stellar MLS
ActiveVilla360°

$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

3320 Galeras Drive, Melbourne, Fl 32940, FL3320 Galeras Drive, Melbourne, Fl 32940, FL
ActiveTownhouse360°

$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®)

3431 Galeras Drive, Melbourne, Fl 32940, FL3431 Galeras Drive, Melbourne, Fl 32940, FL
ActiveTownhouse360°

$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®)

3088 Pangea Circle, Melbourne, Fl 32940, FL3088 Pangea Circle, Melbourne, Fl 32940, FL
ActiveTownhouse360°

$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®)

3300 Galeras Drive, Melbourne, Fl 32940, FL3300 Galeras Drive, Melbourne, Fl 32940, FL
ActiveTownhouse360°

$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®)

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®)

8006 Bradwick Way, Melbourne, Fl 32940, FL8006 Bradwick Way, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$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®)

3034 Casterton Drive, Melbourne, Fl 32940, FL3034 Casterton Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$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®)

1406 Cypress Trace Drive, Melbourne, Fl 32940, FL1406 Cypress Trace Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$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®)

2477 Kamin Drive, Melbourne, Fl 32940, FL2477 Kamin Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$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®)

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®)

8719 Serrano Circle, Melbourne, Fl 32940, FL8719 Serrano Circle, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$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®)

1102 Egret Lake Way, Melbourne, Fl 32940, FL1102 Egret Lake Way, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$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®)

8426 Stalwart Circle, Melbourne, Fl 32940, FL8426 Stalwart Circle, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$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®)

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®)

3156 Quint Drive, Melbourne, Fl 32940, FL3156 Quint Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$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®)

2991 Casterton Drive, Melbourne, Fl 32940, FL2991 Casterton Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$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®)

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®)

8205 Millbrook Avenue, Melbourne, Fl 32940, FL8205 Millbrook Avenue, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$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®)

8289 Stonecrest Drive, Melbourne, Fl 32940, FL8289 Stonecrest Drive, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$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®)

3151 Anza Street, Melbourne, Fl 32940, FL3151 Anza Street, Melbourne, Fl 32940, FL
ActiveSingle Family Residence

$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®)

2062 Great Belt Circle, Melbourne, Fl 32940, FL2062 Great Belt Circle, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$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®)

4981 Spinet Dr, FL4981 Spinet Dr, FL
Stellar MLS
ActiveSingle Family Residence360°

$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

4452 Bowmore Place, Melbourne, Fl 32940, FL4452 Bowmore Place, Melbourne, Fl 32940, FL
ActiveSingle Family Residence360°

$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.

See the greater Orlando market →

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