Altos Market Data for Realtors

Melbourne, FL 32934

Single-Family Homes

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Melbourne, FL 32934

Sat Aug 01 2026
This week the median list price for Melbourne, FL 32934 is $774,900 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 49. Click here to stay informed with the Melbourne market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Melbourne, FL 32934

Sat Aug 01 2026
This week the median list price for Melbourne, FL 32934 is $774,900 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 49. Click here to stay informed with the Melbourne market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Melbourne market.
Median List Price $774,900
Median Price of New Listings $747,200
Per Square Foot $271
Average Days on Market 92
Median Days on Market 49
Price Decreased 55%
Price Increased 0%
Relisted 2%
Inventory 49
Median Rent
Market Action 39
Slight Seller's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,125,000 3,256 0.5 - 1 acre 4 3 20 0 2 91
$855,000 2,812 0.5 - 1 acre 4 3 13 2 1 49
$570,000 2,270 0.5 - 1 acre 4 2.3 36 2 2 24
$423,000 1,862 8,000 - 10,000 sqft 3 2 32 0 2 56