Is Melbourne, FL 32901 a buyer’s or seller’s market?
Melbourne is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score15/ 100
More competitive than 8% of U.S. ZIP codes, and #526 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply4.4Under 4 months = seller’s market
Sold above original list6%Share of sales, last 3 months
Median sale-to-list96.1%Sold price ÷ list price
Median days on market72Listing to accepted offer
Median price per sq ft$189▼ −6.1% vs. last year
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Nearby markets
Cape Canaveral 32920Balanced $249 /sq ftCocoa 32922Balanced $184 /sq ftCocoa 32926Seller’s market $209 /sq ftCocoa 32927Seller’s market $216 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology