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MELBOURNE, FL 32901

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MELBOURNE, FL real estate market (32901) currently shows 178 active listings, with 42 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 71 days on market compared to 72 days last year.

The median listing price has fallen 6.8% year-over-year, from $349,925 to $326,225.

Whether you are buying or selling in MELBOURNE, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,574  ·  Density: 882.5/mi²  ·  Median household income: $47,115

Typical home value: $225,298  ·  Homeownership: 49.2%

Market Overview

Active Listings
178
⇧ 9.9% vs 162 last year
Pending
42
24% pending ratio
Median Price
$326,225
⇩ 6.8% vs $349,925 last year
Average Price
$446,612
⇩ 11.9% vs $506,860 last year
Days on Market
71
⇩ 1.4% vs 72 days last year

Price Per Square Foot

Median $/sqft
$216
⇩ 9.6% vs $239/sqft last year
Median Home Size
1,552 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 178 this year vs 162 last year
  • Days on market: 71 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $326,225 (-6.8% YoY)
  • Average: $446,612 (-11.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.5 miles — 2,567 listings ($1,141,331,636 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32901Melbourne, FL 329010.0 mi173$77,600,015$334,500$448,555
32905Palm Bay, FL 329053.6 mi197$57,038,001$260,000$289,533
32907Palm Bay, FL 329075.7 mi348$127,842,324$349,900$367,363
32934Melbourne, FL 329346.7 mi74$51,357,998$562,225$694,027
32908Palm Bay, FL 329089.6 mi268$99,134,004$351,950$369,903
32904Melbourne, FL 3290411.3 mi178$76,616,006$429,900$430,427
32909Palm Bay, FL 3290912.2 mi488$178,379,616$347,000$365,532
32976Sebastian, FL 3297615.9 mi31$12,447,616$369,990$401,536
32931Cocoa Beach, FL 3293116.8 mi256$164,916,224$479,450$644,204
32958Sebastian, FL 3295821.3 mi260$148,420,480$395,000$570,848
32948Fellsmere, FL 3294822.1 mi20$15,593,880$707,750$779,694
32926Cocoa, FL 3292624.6 mi108$47,151,504$361,750$436,588
32953Merritt Island, FL 3295326.5 mi166$84,833,968$499,000$511,048

Frequently Asked Questions

How many homes are for sale in MELBOURNE, FL 32901?

As of February 2026, there are 178 active listings in MELBOURNE, FL (zip code 32901), compared to 162 the prior year.

What is the median home price in MELBOURNE, FL 32901?

The median listing price in MELBOURNE, FL 32901 is $326,225 as of February 2026, a 6.8% decrease from $349,925 the prior year.

How long do homes stay on the market in MELBOURNE, FL?

Homes in MELBOURNE, FL 32901 spend an average of 71 days on the market before going under contract, compared to 72 days the prior year.

Is it a seller's or buyer's market in MELBOURNE, FL 32901?

Based on current inventory and days-on-market data as of February 2026, MELBOURNE, FL 32901 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 71 days on market compared to 72 days last year.

How much can I save on real estate commission in MELBOURNE, FL?

With SELL123.com's maximum 3% commission, sellers in MELBOURNE, FL 32901 save an estimated $6,525 compared to a typical 5% commission on the median listing price of $326,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.