ZIP 32940 · Melbourne, FL
Melbourne, FL
Monthly housing intelligence for ZIP 32940, Melbourne, FL. As of the latest 2026 data.
Median Listing
Active Listings
Days on Market
Price Reduced
Primary Intelligence Tool — Sold Score™
Will your home sell in today's Melbourne, FL market?
Sold Score™ analyzes 40+ ZIP-level data points to estimate your home's probability of sale within 60 days in Melbourne, FL.
Market Analysis
ZIP 32940 market outlook.
Median listing prices in ZIP 32940 are $480,650 with 270 active listings and a typical 53-day time on market.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 4 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Additional Metrics
New listings
112
YoY -8.2%
Pending listings
148
Pending ratio 0.55 (pending ÷ active)
Active listings
267
Total − pending
Median $ / sqft
$259
YoY +1.3%
Median sqft
1,920
Average listing price
$602,277
YoY +1.9%
Total listings
415
Active + pending
Recommended For This Market
Balanced MarketSelling in Melbourne, FL (32940)? Homes here are taking 14 days less to sell than last year.
Melbourne, FL (32940) is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.
- Buyer Demand Index
- 55%
- Median Days on Market
- 53 days
- Inventory YoY
- −32%
Melbourne, FL (32940) is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.
Check my home's Sold Score →Prefer the data first? Get the monthly Melbourne, FL (32940) briefing and watch the market before you list.
How the Sold Score works →Agents: no featured expert covers Melbourne, FL (32940) yet — claim this market →
The Monthly Briefing
Stay ahead of the Melbourne, FL market.
One email per month: median price, inventory, and what's moving the Palm Bay-Melbourne-Titusville, FL housing market.
Nearby ZIPs
Recent history
| Month | Median price | Active | DOM | Pending ratio |
|---|---|---|---|---|
| July 2026 | $480,650 | 270 | 53 | 0.55 |
| June 2026 | $481,675 | 275 | 55 | 0.56 |
| May 2026 | $490,875 | 302 | 63 | 0.57 |
| April 2026 | $497,230 | 339 | 63 | 0.49 |
| March 2026 | $488,863 | 358 | 59 | 0.40 |
| February 2026 | $450,000 | 339 | 57 | 0.36 |
| January 2026 | $460,605 | 314 | 75 | 0.35 |
| December 2025 | $459,450 | 308 | 86 | 0.40 |
About this ZIP report
1. Housing Market Intelligence
We analyze inventory, pending contracts, days on market, and price pressure across U.S. metros and ZIPs — refreshed continuously.
2. Sold Score™
That intelligence is distilled into a single, address-level answer to the question owners actually ask: will my home sell?
3. Local Market Experts
When you're ready to act, we connect you with a vetted local agent who knows the conditions behind your score.