Market Intelligence · FL / Melbourne

Melbourne, FL 32934 Housing Market

In Melbourne, FL 32934, the typical home value is $492,873, up 0.6% over the past year. The median list price is $649,991, and homes spend a median of 57 days on the market. There are 52 homes for sale.

Updated August 2026Median value$493K

The median home value in Melbourne, FL 32934 is $493K as of August 2026, up 0.6% 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 32934 range

$453K to $532K

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

+0.6% over 12 months

Typical home value in 32934 over the last 12 months: $490K in Aug 2025 to $493K in Aug 2026 (+0.6%).

Aug 2025$490K

Aug 2026$493K

The numbers

What is the 32934 housing market like?

Typical home value

$493K

Up0.6%YoY

Median list price

$650K

Up4.1%MoM

Days on market

57

Up16.3%MoM

Homes for sale

52

Down5.5%MoM

Price cuts

20.0%

Down16.6%MoM

New listings

24

Down14.3%MoM

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

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The comparison

How do 32934 home prices compare?

  • 32934$492,873
  • 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

The market in 32934 is active but not fast. There are 52 homes for sale and 24 new listings, so buyers have choices. The median list price is $649,991 while the typical home value is $492,873, up 0.6% over the past year. A median of 57 days on market and price cuts on 20.0% of listings point to some negotiating room. Sellers should price to the local pool of buyers rather than the highest asking numbers.

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