How much is a home in 32904 worth?

The typical home value in Melbourne, FL 32904 is $376,506 as of 2026-08-01, down 1.0% over the past year.

How long does it take to sell a home in 32904?

Homes in 32904 are spending a median of 68 days on the market as of 2026-08-01. There are 147 homes for sale, with 52 new listings added.

Are sellers in 32904 cutting prices?

Yes. As of 2026-08-01, 27.6% of listings in 32904 have had a price cut. The median list price is $399,000.

Market Intelligence · FL / Melbourne

Melbourne, FL 32904 Housing Market

The typical home value in Melbourne, FL 32904 is $376,506, down 1.0% over the past year as of 2026-08-01. The median list price sits at $399,000, and homes are spending a median of 68 days on the market.

Updated August 2026Median value$377K

The median home value in Melbourne, FL 32904 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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Typical 32904 range

$346K to $407K

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

-1.0% over 12 months

Aug 2025$380K

Low $377KHigh $380K

Aug 2026$377K

The numbers

What is the 32904 housing market like?

As of August 2026

Typical home value

$377K

1.0%YoY

Median list price

$399K

3.7%MoM

Days on market

15.3%MoM

Homes for sale

147

0.7%MoM

Price cuts

27.6%

10.0%MoM

New listings

8.3%MoM

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

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The comparison

How do 32904 home prices compare?

32904$376,506
Melbourne$376,506
Florida$345,153
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Melbourne: 5 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

There are 147 homes for sale in 32904 as of 2026-08-01, with 52 new listings hitting the market. The median list price is $399,000, above the typical home value of $376,506, which has slipped 1.0% over the past year. Homes are taking a median of 68 days to sell, so buyers have time to compare options. More than a quarter of listings, 27.6%, have taken a price cut. For a seller, this is a market where realistic pricing from day one matters more than testing the ceiling.

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