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Village of Eau Gallie

MELBOURNE, FL 32935

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 32935

Village of Eau Gallie

Market Analysis

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

The MELBOURNE, FL real estate market (32935) currently shows 273 active listings, with 90 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 49 days on market compared to 67 days last year.

The median listing price has risen 1.6% year-over-year, from $285,000 to $289,450.

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: 41,342  ·  Density: 1,214.6/mi²  ·  Median household income: $61,069

Typical home value: $217,107  ·  Homeownership: 59.5%

Market Overview

Active Listings
273
⇩ 0.7% vs 275 last year
Pending
90
33% pending ratio
Median Price
$289,450
⇧ 1.6% vs $285,000 last year
Average Price
$343,604
⇩ 4.3% vs $359,163 last year
Days on Market
49
⇩ 26.9% vs 67 days last year

Price Per Square Foot

Median $/sqft
$209
⇩ 1.9% vs $213/sqft last year
Median Home Size
1,308 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 273 this year vs 275 last year
  • Days on market: 49 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $289,450 (+1.6% YoY)
  • Average: $343,604 (-4.3% 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 26.1 miles — 2,505 listings ($1,295,529,869 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32935Melbourne, FL 329350.0 mi222$72,886,374$289,900$328,317
32934Melbourne, FL 329343.9 mi74$51,357,998$562,225$694,027
32901Melbourne, FL 329014.8 mi173$77,600,015$334,500$448,555
32905Palm Bay, FL 329058.3 mi197$57,038,001$260,000$289,533
32952Merritt Island, FL 3295212.0 mi163$143,543,342$578,000$880,634
32950Malabar, FL 3295012.4 mi21$16,195,515$700,000$771,215
32955Rockledge, FL 3295512.9 mi271$151,878,698$379,000$560,438
32951Melbourne Beach, FL 3295115.1 mi176$191,331,184$749,000$1,087,109
32909Palm Bay, FL 3290916.6 mi488$178,379,616$347,000$365,532
32926Cocoa, FL 3292619.9 mi108$47,151,504$361,750$436,588
32920Cape Canaveral, FL 3292021.2 mi186$74,913,174$322,450$402,759
32953Merritt Island, FL 3295321.8 mi166$84,833,968$499,000$511,048
32958Sebastian, FL 3295826.1 mi260$148,420,480$395,000$570,848

Frequently Asked Questions

How many homes are for sale in MELBOURNE, FL 32935?

As of February 2026, there are 273 active listings in MELBOURNE, FL (zip code 32935), compared to 275 the prior year.

What is the median home price in MELBOURNE, FL 32935?

The median listing price in MELBOURNE, FL 32935 is $289,450 as of February 2026, a 1.6% increase from $285,000 the prior year.

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

Homes in MELBOURNE, FL 32935 spend an average of 49 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in MELBOURNE, FL 32935?

Based on current inventory and days-on-market data as of February 2026, MELBOURNE, FL 32935 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 49 days on market compared to 67 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 32935 save an estimated $5,789 compared to a typical 5% commission on the median listing price of $289,450. 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.