ZIP 32940 · Melbourne, FL

32940 Melbourne, FL Housing Market

Monthly housing intelligence for ZIP 32940, Melbourne, FL. Latest data: May 2026.

Median listing price

$490,875

MoM -1.3% · YoY -1.6%

Active listings

302

YoY -19.9%

Median days on market

63

YoY +9.7%

New listings

108

YoY -20.6%

Pending listings

171

Pending ratio 0.57

Price reduced share

23.3%

YoY -5.7%

Median $ / sqft

$257

YoY -0.3%

Median sqft

1,959

Average listing price

$582,957

YoY -2.6%

Total listings

481

Nearby ZIPs

Recent history

MonthMedian priceActiveDOMPending ratio
May 2026$490,875302630.57
April 2026$497,230339630.49
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