Market Report

Market Report

Melbourne, FL

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% of Asking Price
All Property Types
101%
May 2026
53%
since
What kind of market is it?
Buyer's Market
Seller Market
7.2 Months of Supply
What's this mean?

Buyer's Market: More than 6 months of inventory based on closed sales

Seller's Market: Less than 3 months of inventory based on closed sales

Neutral's Market: 3-6 months of inventory based on closed sales

Buyer Market
May 2026
115.9%
since
Avg. Days on Market
All Property Types
55 Days
May 2026
150%
since
Monthly Inventory
Number of listings on the market at
any point during May of 2026
13 Properties
11 Single Family
0 Land/Farm
1 Condo
May 2026
160%
since
Melbourne / May 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
1 Home
May 2026
66.7%
since
Melbourne / May 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
3 Homes
May 2026
200%
since
Melbourne / May 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
8 Homes
Jan 2026 - May 2026
100%
since
Average Sales Price
All Property Types
$227K Median Price - $227K
May 2026
79.3%
since
Average Price / SqFt
All Property Types
$167 / SqFt
May 2026
14%
since

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