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MELBOURNE BEACH, FL 32951

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

Market Analysis

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

The MELBOURNE BEACH, FL real estate market (32951) currently shows 193 active listings, with 35 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

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

The median listing price has fallen 7.4% year-over-year, from $799,925 to $740,750.

Whether you are buying or selling in MELBOURNE BEACH, 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: 11,516  ·  Density: 546.5/mi²  ·  Median household income: $80,411

Typical home value: $450,292  ·  Homeownership: 85.4%

Market Overview

Active Listings
193
⇩ 4.5% vs 202 last year
Pending
35
18% pending ratio
Median Price
$740,750
⇩ 7.4% vs $799,925 last year
Average Price
$1,073,467
⇧ 5.1% vs $1,021,746 last year
Days on Market
71
⇩ 1.4% vs 72 days last year

Price Per Square Foot

Median $/sqft
$368
⇩ 5.2% vs $388/sqft last year
Median Home Size
1,999 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 193 this year vs 202 last year
  • Days on market: 71 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $740,750 (-7.4% YoY)
  • Average: $1,073,467 (+5.1% 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 27.0 miles — 2,494 listings ($1,351,736,529 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32951Melbourne Beach, FL 329510.0 mi176$191,331,184$749,000$1,087,109
32950Malabar, FL 329504.0 mi21$16,195,515$700,000$771,215
32905Palm Bay, FL 329057.2 mi197$57,038,001$260,000$289,533
32901Melbourne, FL 3290110.5 mi173$77,600,015$334,500$448,555
32903Indialantic, FL 3290311.2 mi142$106,123,274$649,900$747,347
32958Sebastian, FL 3295811.6 mi260$148,420,480$395,000$570,848
32948Fellsmere, FL 3294815.2 mi20$15,593,880$707,750$779,694
32934Melbourne, FL 3293417.1 mi74$51,357,998$562,225$694,027
32967Vero Beach, FL 3296717.3 mi417$253,542,672$460,000$608,016
32966Vero Beach, FL 3296622.2 mi222$91,671,792$359,000$412,936
32960Vero Beach, FL 3296023.1 mi213$90,209,973$299,450$423,521
32931Cocoa Beach, FL 3293126.0 mi256$164,916,224$479,450$644,204
32962Vero Beach, FL 3296227.0 mi323$87,735,521$233,950$271,627

Frequently Asked Questions

How many homes are for sale in MELBOURNE BEACH, FL 32951?

As of February 2026, there are 193 active listings in MELBOURNE BEACH, FL (zip code 32951), compared to 202 the prior year.

What is the median home price in MELBOURNE BEACH, FL 32951?

The median listing price in MELBOURNE BEACH, FL 32951 is $740,750 as of February 2026, a 7.4% decrease from $799,925 the prior year.

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

Homes in MELBOURNE BEACH, FL 32951 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 BEACH, FL 32951?

Based on current inventory and days-on-market data as of February 2026, MELBOURNE BEACH, FL 32951 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. 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 BEACH, FL?

With SELL123.com's maximum 3% commission, sellers in MELBOURNE BEACH, FL 32951 save an estimated $14,815 compared to a typical 5% commission on the median listing price of $740,750. 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.