Altos Market Data for Realtors

Melbourne, FL 32935

Single-Family Homes

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Melbourne, FL 32935

Fri Jul 24 2026
This week the median list price for Melbourne, FL 32935 is $304,000 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has decreased to 90. 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 has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Melbourne, FL 32935

Fri Jul 24 2026
This week the median list price for Melbourne, FL 32935 is $304,000 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has decreased to 90. 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 has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Melbourne market.
Median List Price $304,000
Median Price of New Listings $263,950
Per Square Foot $224
Average Days on Market 98
Median Days on Market 53
Price Decreased 38%
Price Increased 0%
Relisted 7%
Inventory 90
Median Rent
Market Action 43
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$445,000 1,760 8,000 - 10,000 sqft 3 2 36 1 2 91
$325,000 1,518 6,500 - 8,000 sqft 3 2 51 2 3 31
$280,000 1,344 6,500 - 8,000 sqft 3 2 62 2 5 49
$249,450 1,114 6,500 - 8,000 sqft 3 2 64 5 0 28