Market Intelligence · FL / Brevard County

Melbourne, FL housing market

5 ZIP markets liveData updated August 2026Typical value$377K1-yr changeDown1.0%

The median home value in Melbourne, FL is $377K as of August 2026, down 1.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Melbourne, by the numbers.

Typical home valueZillow ZHVI, August 2026
$377K
1-yr changeMedian across Melbourne ZIPs
-1.0%
ZIP markets live9 tracked in Melbourne
5
County
Brevard County

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12-month value trend

-1.0% over 12 months

Typical home value in Melbourne over the last 12 months: $380K in Aug 2025 to $377K in Aug 2026 (-1.0%).

Aug 2025$380K

Aug 2026$377K

Median Zillow home value index across Melbourne's ZIP codes.

Context

Zillow's home value index puts the typical Melbourne home at $376,506 as of August 2026, a 12-month move of -1.0%. Realtor.com's August 2026 listing data shows 709 homes on the market, 252 newly listed, and a median asking price of $399,000. The median listing spends 59 days on market, and 21.0% of active listings have reduced their asking price. These figures describe a softening market in which realistic pricing is what moves a home.

The numbers

What is the housing market like in Melbourne, FL?

Typical home value

$377K

Down1.0%YoY

Median list price

$399K

Days on market

59

Homes for sale

709

Price cuts

21.0%

New listings

252

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Melbourne's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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The markets

Which Melbourne ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 9 Melbourne ZIP codes in total; the remaining 4 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

Who are the top real estate agents in Melbourne?

Top real estate agents in Melbourne, FL

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Nearby markets

More Florida housing markets.

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