West Melbourne
Housing Market
Median sale price $409,000, up 13.3% year over year, with homes going under contract in about 47 days, 19 homes on the market.
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Housing Market Analyst
Inventory sits at 10.2 months of supply — heavy by the 3-to-6-month balanced benchmark, and 85% of listed homes are already under contract. Prices are up 13.3% versus the prior year and sellers are still collecting 94.1% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 85% of inventory sits under contract.
- Mortgage sensitivity — at 4.5× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current West Melbourne data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where West Melbourne is hot — and where it isn't
Each dot is a community (12 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on West Melbourne
The median sale price across West Melbourne currently stands at $409,000, up 13.3% from a year ago. Buyers are paying a median of $204 per square foot. The typical home goes under contract in about 47 days. Sellers are capturing 94.1% of their original asking price on average.
There are 19 active listings on the market, with 4 more already under contract. At the current sales pace that works out to 10.2 months of supply — a buyer-leaning market by the standard six-month benchmark. 23 homes closed here over the trailing 12 months.
West Melbourne prices sit above the Brevard County median by roughly 28%. Zillow's home value index for Brevard County stands at $344,703. About 29% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for West Melbourne is 61 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
West Melbourne since 2012 — and where it’s heading
A median home here sold for $128,250 in 2012 and $381,323 over the last recorded year — 197% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (1,176 recorded sales)
Days on market by year
Home value trend · Brevard County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Brevard County (MLS)
Median price · daily recalculation
What’s driving West Melbourne
Top inbound states: NY, CA, TX, GA. Movers arriving report ~$80,978 average income. Source: IRS SOI county-to-county migration, 2022-2023
6,986 Citizens policies in force in Brevard County — the state-backed insurer of last resort. Budget insurance into any Brevard purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
3,376 single-family · 1,248 multi-family · 7.5 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Brevard County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| West Melbourne ← this page | $409K | 19 | 61 | |
| Melbourne | $390K | 230 | 63 | Open → |
| Palm Bay | $318K | 168 | 48 | Open → |
| Cocoa | $329K | 115 | 69 | Open → |
| Merritt Island | $440K | 71 | 52 | Open → |
| Titusville | $288K | 70 | 47 | Open → |
Neighborhoods on the move
| Brookshire At Heritage OaksWest Melbourne | $408K | ▲ 8% |
| Sawgrass LakesWest Melbourne | $498K | ▲ -5% |
| Sawgrass LakesWest Melbourne | $498K | ▼ 5% |
| Brookshire At Heritage OaksWest Melbourne | $408K | ▼ 8% |
| Sawgrass LakesWest Melbourne | $498K | 8 |
| San Paulo Village CondoWest Melbourne | $125K | 6 |
| Cypress LandingsWest Melbourne | $418K | 38 days |
| Sawgrass LakesWest Melbourne | $498K | 42 days |
| Brookshire At Heritage OaksWest Melbourne | $408K | 44 days |
West Melbourne ZIP codes
Most active communities
More on West Melbourne
Put this data to work
The questions people actually ask
Should I buy a house in West Melbourne right now?
The data says conditions currently favor neither side decisively in West Melbourne — the Momentum Score reads 61/100 with 10.2 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is West Melbourne becoming more affordable?
No — the median sale price in West Melbourne is $409,000, up 13.3% versus the prior year, while sellers still capture 94.1% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in West Melbourne?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Sawgrass Lakes (-5%); Brookshire At Heritage Oaks (8%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which West Melbourne neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Cypress Landings (38 days); Sawgrass Lakes (42 days); Brookshire At Heritage Oaks (44 days) — homes there go under contract well ahead of the market-wide pace of 47 days.
How does West Melbourne compare to the rest of Brevard County?
West Melbourne's median of $409,000 runs 28% above the county-wide median of $319,000, and homes here take 47 days to go under contract versus 50 county-wide.
West Melbourne housing market FAQ
How is the housing market in West Melbourne right now?
As of September 15, 2026, the West Melbourne housing market favors sellers: the median sale price is $409,000 (up 13.3% year over year), 19 homes are for sale against 23 sales in the last 12 months, which is 10.2 months of supply, and the typical home goes under contract in about 47 days.
How much is a house in West Melbourne?
The median home sold for $409,000 in West Melbourne over the last 12 months, about $204 per square foot; asking prices on the 19 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in West Melbourne?
By the numbers, sellers in West Melbourne are getting 94.1% of asking price and going under contract in about 47 days with 10.2 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the West Melbourne housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: West Melbourne median sale prices are up 13.3% year over year, inventory stands at 10.2 months of supply, and 85% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in West Melbourne?
The median sale price in West Melbourne is currently $409,000, up 13.3% from a year ago, based on MLS sales data updated September 15, 2026.
Is West Melbourne a buyer's or seller's market right now?
The data currently favors sellers. West Melbourne scores 61 of 100 on the Momentum Score, with 10.2 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in West Melbourne?
The typical home in West Melbourne goes under contract in about 47 days, per current MLS data.
How many homes are for sale in West Melbourne?
There are approximately 19 active listings in West Melbourne as of September 15, 2026.
Are home prices in West Melbourne rising or falling?
Median sale prices are up 13.3% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across West Melbourne. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 15, 2026 at 7:33 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.