Melbourne, FL housing market
What's happening in the Melbourne market right now.
Buyer's or seller's market?
Melbourne, FL leans toward a buyer's market: homes in Brevard County take a median of 71 days to sell, and the number for sale is −17.5% on a year ago. Buyers have room to negotiate; sellers should price carefully.
12-month outlook
−2.5% to +1.5% for the typical Melbourne home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, August 2026 · Zillow Observed Rent Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Brevard County as a whole.
Melbourne market — questions answered
What is the typical home value in Melbourne, FL?
$356,996 as of August 2026, −1% on a year earlier (Zillow Home Value Index).
Are home prices going up in Melbourne, FL?
No — the typical home value changed −1% over the year to August 2026 and +18.2% over five years.
Is Melbourne, FL a buyer's or seller's market?
It leans toward buyers: the median home in Brevard County sells in 71 days (Realtor.com, August 2026).
How much is rent in Melbourne, FL?
The typical rent is $1,823 a month as of August 2026, −0.7% on a year earlier (Zillow Observed Rent Index).
How many homes are for sale in Melbourne, FL?
3,548 homes were listed for sale across Brevard County in August 2026 (Realtor.com).
Who are the best real estate agents in Melbourne, FL?
Homegrity lists 6,665 licensed Melbourne agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/melbourne.