Altos Market Data for Realtors

Melbourne Beach, FL 32951

Single-Family Homes

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Melbourne Beach, FL 32951

Thu Dec 04 2025
This week the median list price for Melbourne Beach, FL 32951 is $897,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 82. Click here to stay informed with the Melbourne Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Melbourne Beach, FL 32951

Thu Dec 04 2025
This week the median list price for Melbourne Beach, FL 32951 is $897,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 82. Click here to stay informed with the Melbourne Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Melbourne Beach market.
Median List Price $897,000
Median Price of New Listings $710,499
Per Square Foot $409
Average Days on Market 159
Median Days on Market 126
Price Decreased 52%
Price Increased 2%
Relisted 7%
Inventory 82
Median Rent
Market Action 28
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,445,000 3,692 0.5 - 1 acre 5 3.5 31 1 0 154
$1,037,500 2,681 0.25 - 0.5 acre 4 3 28 1 2 126
$764,989 2,025 0.25 - 0.5 acre 3 2 35 1 1 119
$639,450 1,711 0.25 - 0.5 acre 3 2 37 3 3 108