Altos Market Data for Realtors
Melbourne, FL 32940
Single-Family Homes
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Melbourne, FL 32940
Wed Mar 11 2026
This week the median list price for Melbourne, FL 32940 is $602,450 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has increased to 254.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Real-Time Market Profile
| Median List Price | $602,450 | |
| Median Price of New Listings | $537,450 | |
| Per Square Foot | $264 | |
| Average Days on Market | 117 | |
| Median Days on Market | 63 | |
| Price Decreased | 41% | |
| Price Increased | 12% | |
| Relisted | 6% | |
| Inventory | 254 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
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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 |
|---|---|---|---|---|---|---|---|---|
| $942,000 | 3,142 | 0.25 - 0.5 acre | 4 | 3.5 | 7 | 3 | 2 | 77 |
| $670,000 | 2,420 | 8,000 - 10,000 sqft | 4 | 3 | 7 | 5 | 6 | 63 |
| $484,950 | 1,939 | 6,500 - 8,000 sqft | 3 | 2 | 22 | 9 | 11 | 42 |
| $387,000 | 1,738 | 6,500 - 8,000 sqft | 3 | 2 | 28 | 5 | 7 | 70 |