Moving to Melbourne, Florida: The 2026 Data Guide
As of 2026-09-27, the median home sold in Melbourne, Florida over the last 12 months went for $414,000 (1,301 closings across 452 communities in Momentum’s MLS record), about $227 per square foot for a median 1,902-sq-ft home built around 1997. Homes currently listed have been on the market a median of 41 days, and with 556 active listings against that sales pace the city is carrying roughly 5.1 months of supply. Sellers have been getting about 96% of their original asking price. That median is 3% above the median across Momentum’s Florida and Georgia coverage.
Melbourne right now — September 2026
Live pages for your move: 714 homes for sale in Melbourne · Luxury homes · New construction · Condos (89) · Townhomes (92) · Homes by ZIP (5 ZIPs) · New listings this week · Price reductions · What your budget buys in Brevard County · Cost of living · Best neighborhoods · Property tax · Flood zones by neighborhood · Brevard County homes for sale.
MLS closed sales and live inventory, Momentum Research; refreshed nightly. Updated September 27, 2026.
What your budget buys in Melbourne
Three price points from 1,784 recent Melbourne closings in our record, each showing what actually closed within 10% of that price:
- Around $270,000: the typical sale in this band was a 3-bed, 2-bath home of about 1,324 sq ft, built around 1983 (190 sales).
- Around $414,000: the typical sale in this band was a 3-bed, 2-bath home of about 1,866 sq ft, built around 2000 (320 sales).
- Around $525,000: the typical sale in this band was a 4-bed, 2-bath home of about 2,102 sq ft, built around 2001 (181 sales).
The real monthly cost of owning in Melbourne
Take the median $414,000 home with 20% down at today’s 7.03% 30-year rate: principal and interest run about $2,210/month. Brevard County’s typical total millage is 15.60 mills, so after the $50,000 homestead exemption the property tax is roughly $5,680/year ($473/month) for a new owner — the seller’s capped bill on the listing will be lower and is not your number. Citizens Property Insurance’s average premium in Brevard County is about $2,348/year; private-market quotes vary with roof age and wind mitigation. 79% of current Melbourne listings carry an HOA, with a median of $225/month where one applies. All in, budget on the order of $3,104/month to own the median Melbourne home including a typical HOA.
For the full worksheet — taxes by scenario, the homestead exemption, and how the Save Our Homes cap works after year one — see the Brevard County property tax guide and our home insurance by county map.
Where people are buying: Melbourne’s most active communities
The communities with the most closings in the last 12 months, with each one’s median sale and how long its current listings have been on the market. Every name links to that community’s own guide with live listings.
| Community | Sales (12 mo) | Median | Days listed |
|---|---|---|---|
| Bridgewater at Viera | 47 | $552,000 | 56 |
| Pangea Park | 45 | $700,000 | 37 |
| Trasona | 41 | $650,000 | 58 |
| Farallon Fields | 31 | $680,472 | 32 |
| Capron Ridge | 28 | $522,000 | 22 |
| Mandarin Lakes | 26 | $382,500 | 83 |
| Bowe Gardens | 24 | $260,000 | 43 |
| Baytree Pud Phase 1 Stage 1-5 | 23 | $609,500 | 41 |
Melbourne by ZIP code
Sales and medians by ZIP over the same 12 months: 32940 (670 sales, median $494,000), 32935 (427 sales, median $285,000), 32904 (281 sales, median $375,000), 32901 (221 sales, median $275,000), 32934 (131 sales, median $465,000), 32903 (23 sales, median $380,000).
What’s for sale: property types, new construction, and age of homes
Of the last 12 months of sales, 79% were single-family homes, 9% townhomes or villas, and 11% condos. New construction accounted for 8% of closings, led by Farallon Fields, Pangea Park, Aripeka, Aripeka At Viera. The housing stock skews mixed: 16% of homes sold were built in 2015 or later and 21% before 1980.
Getting around from Melbourne
Measured from the center of Melbourne’s recent sales: Orlando International Airport (MCO) is about 43 miles; Downtown Orlando is about 50 miles; Daytona Beach is about 76 miles; Lakeland is about 78 miles. Distances are straight-line; drive times depend on the corridor and time of day.
Schools, taxes, and insurance: where to verify
School assignments change; check the Brevard County school grades page for the district’s current grades, and confirm zoning for a specific address directly with the district. Property tax figures on this page use Brevard County’s typical millage of 15.60; municipal and special-district millage varies inside the county. Insurance uses Citizens’ Brevard County average of $2,348/year; a wind-mitigation inspection and roof age can move a private quote a long way in either direction.
Melbourne: the case for and against
What works in Melbourne’s favor
- homes move quickly (median 41 days listed), so well-priced homes get competition
- no state income tax, and Florida’s Save Our Homes cap limits assessment growth once you homestead
What to plan for
- 79% of listings carry an HOA (median $225/month)
- property taxes reset to your purchase price, so never budget off the seller’s bill
Your Melbourne relocation toolkit
- Homes for sale in Melbourne right now
- Cost of living in Melbourne
- Best neighborhoods in Melbourne
- New construction in Melbourne
- Find an agent in Melbourne
- Melbourne ZIP codes with prices
- Search every Melbourne community
Common questions about moving to Melbourne
How much does a house cost in Melbourne, FL?
What does it cost per month to own a home in Melbourne?
What are property taxes like in Melbourne?
Is Melbourne a buyer's or seller's market right now?
Is there a lot of new construction in Melbourne?
Does Florida have a state income tax?
Sales figures are Momentum Realty’s MLS record of closings in Melbourne communities over the trailing 12 months (community snapshots as of their last refresh; price-band examples from the most recent closings on file); tax and insurance figures are Brevard County data. Estimates, not guarantees; verify before relying on them. General relocation guidance, not financial advice. Equal Housing Opportunity.