Market Intelligence · FL / Melbourne

Melbourne, FL 32935 Housing Market

Typical homes in Melbourne 32935 are valued at $268,182, down 0.8% over the past year. The median list price sits at $289,600, with homes spending 59 days on the market as of September 2026.

Updated September 2026Median value$268K

The median home value in Melbourne, FL 32935 is $268K as of September 2026, down 0.8% 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 32935 range

$247K to $290K

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

-0.8% over 12 months

Sep 2025$270K

Low $268KHigh $270K

Sep 2026$268K

The numbers

What is the 32935 housing market like?

As of September 2026

Typical home value

$268K

0.8%YoY

Median list price

$290K

3.7%MoM

Days on market

11.3%MoM

Homes for sale

171

12.5%MoM

Price cuts

24.2%

19.1%MoM

New listings

14.3%MoM

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

The outlook

32935 housing market forecast 2027

-1.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32935 to fall 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in 32935 fell 0.8%, per the Zillow Home Value Index.

Will home prices drop in 32935?

Zillow's forecast says they may: it expects typical home values in 32935 to fall 1.0% by September 2027, after a 0.8% 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 32935 home prices compare?

32935$268,182
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

The market shows mixed signals. There are 171 homes for sale with 64 new listings in September 2026, indicating steady supply. The median asking price of $289,600 exceeds the typical home value by a meaningful margin. Homes are staying on the market for 59 days on average, which is neither quick nor protracted. One quarter of listings, specifically 24.2%, have seen price cuts. For sellers, this suggests pricing discipline matters more than ever.

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Home price

Down payment20% · $53,636

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Common questions

What people ask us.

What is the typical home value in 32935?

Typical home value in Melbourne 32935 is $268,182, down 0.8% over the past year as of September 2026.

How many homes are currently for sale in 32935?

As of September 2026, there are 171 homes for sale in the ZIP code, with 64 new listings that month.

How long do homes typically stay on the market here?

The median days on market is 59 as of September 2026.

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Nearby ZIP markets.

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