Altos Market Data for Realtors

Melbourne, FL 32904

Single-Family Homes

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Melbourne, FL 32904

Sat Apr 25 2026
This week the median list price for Melbourne, FL 32904 is $449,991 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 122. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Melbourne, FL 32904

Sat Apr 25 2026
This week the median list price for Melbourne, FL 32904 is $449,991 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 122. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Melbourne market.
Median List Price $449,991
Median Price of New Listings $449,982
Per Square Foot $221
Average Days on Market 81
Median Days on Market 46
Price Decreased 45%
Price Increased 2%
Relisted 7%
Inventory 122
Median Rent
Market Action 35
Slight Seller's Advantage

We continue to see prices in this zip code hover around their high point. Look for a persistent 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
$629,000 2,701 0.25 - 0.5 acre 4 3 14 4 3 63
$512,500 2,164 6,500 - 8,000 sqft 4 2.5 10 2 3 52
$419,000 1,988 6,500 - 8,000 sqft 4 2 19 3 4 42
$317,450 1,446 6,500 - 8,000 sqft 3 2 34 4 2 31