Is Melbourne, FL 32904 a buyer’s or seller’s market?
Melbourne is a seller’s market. With about 3.3 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score32/ 100
More competitive than 29% of U.S. ZIP codes, and #140 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 supply3.3Under 4 months = seller’s market
Sold above original list9%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$208▼ −3.1% vs. last year
Run the numbers for 32904
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
See all agents in 32904 →No sponsored agents in 32904 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 32904
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology