Market Intelligence · FL / Melbourne

Melbourne, FL 32904 Housing Market

The typical home value in Melbourne's 32904 is $379,862, down 2.0% over the past year. The median list price sits at $428,749, and homes are taking a median of 60 days on market to sell.

Updated June 2026Median value$380K

The median home value in Melbourne, FL 32904 is $380K as of June 2026, down 2.0% 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

$349K to $410K

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

-2.0% over 12 months

Typical home value in 32904 over the last 12 months: $387K in Jun 2025 to $380K in Jun 2026 (-2.0%).

Jun 2025$387K

Jun 2026$380K

The numbers

What is the 32904 housing market like?

Typical home value

$380K

Down2.0%YoY

Median list price

$429K

Days on market

60

Up14.3%MoM

Homes for sale

151

Price cuts

26.2%

New listings

52

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 32904 home prices compare?

  • 32904$379,862
  • Melbourne$379,862
  • Florida$347,135
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Melbourne: 5 ZIPs; Florida: 923 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 151 homes for sale in 32904, with 52 new listings adding to the supply. The median list price is $428,749, while the typical home value is $379,862, down 2.0% over the past year. Homes are taking a median of 60 days on market, and 26.2% of listings have had a price cut. For sellers, this points to a slower market where realistic pricing and patience matter more than they did during faster stretches.

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