Altos Market Data for Realtors

Melbourne, FL 32901

Single-Family Homes

Schedule a demo today at AltosResearch.com



Melbourne, FL 32901

Tue Sep 08 2026
This week the median list price for Melbourne, FL 32901 is $342,450 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 76. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Melbourne, FL 32901

Tue Sep 08 2026
This week the median list price for Melbourne, FL 32901 is $342,450 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has increased to 76. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Melbourne market.
Median List Price $342,450
Median Price of New Listings $308,500
Per Square Foot $205
Average Days on Market 156
Median Days on Market 91
Price Decreased 45%
Price Increased 0%
Relisted 12%
Inventory 76
Median Rent
Market Action 36
Slight Seller's Advantage

We continue to see the market at a plateau. This week prices bumped down a bit. Look for a persistent down-shift in the Market Action Index before we see prices significantly deviate 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
$561,500 1,888 8,000 - 10,000 sqft 3 2 24 0 0 175
$369,900 1,902 6,500 - 8,000 sqft 3 2 24 2 0 63
$315,000 1,570 6,500 - 8,000 sqft 3 2 47 2 1 77
$242,000 1,166 6,500 - 8,000 sqft 3 2 62 2 1 49