Altos Market Data for Realtors

Melbourne, FL 32901

Single-Family Homes

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Melbourne, FL 32901

Thu Apr 17 2025
This week the median list price for Melbourne, FL 32901 is $361,950 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 84. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Melbourne, FL 32901

Thu Apr 17 2025
This week the median list price for Melbourne, FL 32901 is $361,950 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 84. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Melbourne market.
Median List Price $361,950
Median Price of New Listings $319,900
Per Square Foot $236
Average Days on Market 74
Median Days on Market 35
Price Decreased 46%
Price Increased 0%
Relisted 5%
Inventory 84
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$599,000 2,178 0.25 - 0.5 acre 4 2 23 0 0 63
$400,000 1,750 8,000 - 10,000 sqft 3 2 22 4 1 28
$330,000 1,545 4,500 - 6,500 sqft 3 2 28 2 5 28
$275,000 1,215 6,500 - 8,000 sqft 3 2 61 5 1 35