Unshakable ZIP Data 32940 | Melbourne, FL Housing Market
Melbourne · Brevard County · Palm Bay-Melbourne-Titusville, FL metro · Florida · Data updated June 19, 2026
The median sale price in ZIP 32940, Melbourne, Florida is $499,852 at $250 per square foot. 374 single-family homes sold in the latest period, up 0.5 percent from a year earlier. Homes sit a median of 67 days on market with 3.0 months of supply. Sellers are getting 97.6 percent of list price and 7.2 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $506,344 | |
| Average price per sq ft | $253 | |
| Median sale price | $499,852 | |
| Median sale price per sq ft | $250 | |
| Median home size | 1,999 sq ft | |
| Median new listing price | $525,508 | -2.3% |
| National size rank | 1,485 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 374 | +0.5% |
| Median days on market | 67 days | |
| Months of supply | 3.0 months | |
| New listings | 389 | -25.8% |
| Active listings | 770 | -19.1% |
| Pending sales | 450 | +1.6% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 97.6% | -0.2 pts |
| Share sold above list | 7.2% | +1.3 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$281,103
3-bedroom
$426,099
4-bedroom
$609,596
5-bedroom
$803,849
These figures describe the single-family market for Melbourne, Florida ZIP 32940. They are market context, not a substitute for sold comps or a formal appraisal.