Market Intelligence · FL / Melbourne
Melbourne, FL 32940 Housing Market
The typical home value in Melbourne's 32940 ZIP code is $492,277, down 2.4% over the past year. The median list price sits at $481,675, and homes are taking a median of 55 days on market.
The median home value in Melbourne, FL 32940 is $492K as of June 2026, down 2.4% 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
$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
-2.4% over 12 months
Jun 2025$504K
Low $492KHigh $504K
Jun 2026$492K