Melbourne, FL—32940
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$478,000
4.4% YoY Growth
Household Income
$107,000
49.6% YoY Growth
Days on Market
86
13.0% Longer YoY
Home Price Forecast
0.7%
Median Rent
$2,500
2.2% YoY Growth
1-Bed Rent
$1,500
4.7% YoY Growth
2-Bed Rent
$1,900
1.0% YoY Growth
3-Bed Rent
$2,600
0.7% YoY Growth
Home Price Trends — Melbourne, FL
As of Dec '25, the median home price in Melbourne, FL is $478,000, with a year-over-year change of -4.4%. This indicates that home prices in Melbourne, FL are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $478,000 | -4.4% |
| Single Family | $493,000 | -4.1% |
| Condos | $206,000 | -7.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |