Data as of February 2026. Source: Realtor.com.
The MELBOURNE, FL real estate market (32904) currently shows 187 active listings, with 48 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 57 days on market compared to 55 days last year.
The median listing price has fallen 0% year-over-year, from $425,000 to $425,000.
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.
Population: 36,556 · Density: 65.0/mi² · Median household income: $85,618
Typical home value: $310,112 · Homeownership: 80.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32904 | Melbourne, FL 32904 | 0.0 mi | 178 | $76,616,006 | $429,900 | $430,427 |
| 32908 | Palm Bay, FL 32908 | 6.8 mi | 268 | $99,134,004 | $351,950 | $369,903 |
| 32909 | Palm Bay, FL 32909 | 11.1 mi | 488 | $178,379,616 | $347,000 | $365,532 |
| 32905 | Palm Bay, FL 32905 | 11.7 mi | 197 | $57,038,001 | $260,000 | $289,533 |
| 32950 | Malabar, FL 32950 | 13.2 mi | 21 | $16,195,515 | $700,000 | $771,215 |
| 32940 | Melbourne, FL 32940 | 14.6 mi | 417 | $240,462,633 | $460,605 | $576,649 |
| 34773 | Saint Cloud, FL 34773 | 15.8 mi | 132 | $54,344,928 | $409,990 | $411,704 |
| 32951 | Melbourne Beach, FL 32951 | 17.2 mi | 176 | $191,331,184 | $749,000 | $1,087,109 |
| 32955 | Rockledge, FL 32955 | 19.7 mi | 271 | $151,878,698 | $379,000 | $560,438 |
| 32948 | Fellsmere, FL 32948 | 20.3 mi | 20 | $15,593,880 | $707,750 | $779,694 |
| 32966 | Vero Beach, FL 32966 | 22.9 mi | 222 | $91,671,792 | $359,000 | $412,936 |
| 32931 | Cocoa Beach, FL 32931 | 23.7 mi | 256 | $164,916,224 | $479,450 | $644,204 |
| 32926 | Cocoa, FL 32926 | 26.3 mi | 108 | $47,151,504 | $361,750 | $436,588 |
As of February 2026, there are 187 active listings in MELBOURNE, FL (zip code 32904), compared to 208 the prior year.
The median listing price in MELBOURNE, FL 32904 is $425,000 as of February 2026, a 0% increase from $425,000 the prior year.
Homes in MELBOURNE, FL 32904 spend an average of 57 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MELBOURNE, FL 32904 is currently a Balanced Market. Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 55 days last year.
With SELL123.com's maximum 3% commission, sellers in MELBOURNE, FL 32904 save an estimated $8,500 compared to a typical 5% commission on the median listing price of $425,000. 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.