Market Intelligence · FL / Melbourne
Melbourne, FL 32940 Housing Market
The typical home value in Melbourne, FL 32940 is $490,399, down 0.9% over the past year. The median list price is $494,900, and homes are spending a median of 59 days on the market.
The median home value in Melbourne, FL 32940 is $490K as of August 2026, down 0.9% 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 32940 range
$451K to $530K
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
-0.9% over 12 months
Aug 2025$495K
Low $489KHigh $495K
Aug 2026$490K