Market Intelligence · FL / Melbourne

Melbourne, FL 32901 Housing Market

The typical home value in Melbourne, FL 32901 is $267,369, down 1.2% over the past year. The median list price stands at $325,625, with homes spending a median of 67 days on the market as of September 2026.

Updated September 2026Median value$267K

The median home value in Melbourne, FL 32901 is $267K as of September 2026, down 1.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 32901 range

$246K to $289K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.2% over 12 months

Sep 2025$271K

Low $267KHigh $271K

Sep 2026$267K

The numbers

What is the 32901 housing market like?

As of September 2026

Typical home value

$267K

1.2%YoY

Median list price

$326K

3.9%MoM

Days on market

10.7%MoM

Homes for sale

106

5.0%MoM

Price cuts

22.8%

7.0%MoM

New listings

16.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

32901 housing market forecast 2027

-0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32901 to fall 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 32901 fell 1.2%, per the Zillow Home Value Index.

Will home prices drop in 32901?

Zillow's forecast says they may: it expects typical home values in 32901 to fall 0.5% by September 2027, after a 1.2% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 32901 home prices compare?

32901$267,369
Melbourne$377,693
Florida$344,436
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Melbourne: 5 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

Melbourne's housing market shows modest supply with 106 homes for sale and 30 new listings as of September 2026. The median days on market of 67 suggests a measured pace of sales activity. Price cuts have appeared on 22.8% of listings, reflecting broader softness in the market. The year-over-year decline in typical home value underscores that this is a buyer-favorable environment. If you're considering selling, expect a longer marketing period and possible negotiation on price.

Monthly payment

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Down payment20% · $53,474

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Common questions

What people ask us.

What is the typical home value in Melbourne, FL 32901?

The typical home value is $267,369 as of September 2026, down 1.2% over the past year.

How long do homes stay on the market in this ZIP?

The median days on market is 67 as of September 2026.

How many homes are currently for sale in 32901?

There are 106 homes for sale as of September 2026, with 30 new listings in that same period.

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