Altos Market Data for Realtors

Melbourne, FL 32935

Single-Family Homes

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Melbourne, FL 32935

Mon Jun 09 2025
This week the median list price for Melbourne, FL 32935 is $339,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has held steady at or around 133. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Melbourne, FL 32935

Mon Jun 09 2025
This week the median list price for Melbourne, FL 32935 is $339,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has held steady at or around 133. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Melbourne market.
Median List Price $339,000
Median Price of New Listings $347,900
Per Square Foot $233
Average Days on Market 95
Median Days on Market 56
Price Decreased 54%
Price Increased 3%
Relisted 8%
Inventory 133
Median Rent
Market Action 38
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices 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
$594,450 1,966 0.25 - 0.5 acre 4 3 36 1 5 84
$360,000 1,616 6,500 - 8,000 sqft 3 2 34 4 2 56
$300,000 1,366 6,500 - 8,000 sqft 3 2 61 3 4 42
$245,000 1,148 6,500 - 8,000 sqft 3 2 65 1 5 35