In Melbourne Beach, waterfront asking prices and waterfront sales are far apart. Active waterfront listings ask a median of $1,367,000. The ones that sold in September closed at $762,750.

Overall, 23 homes sold at a median of $565,000. 5 of them closed at $1 million or more, the highest at $2,800,000.

Melbourne Beach market snapshot, September 2026

Measure September 2026
Closed sales 23
Median sale price $565,000
Median price per sq ft $345
Median sale-to-list 95.1%
Sales within 5% of list price 52%
Median days on market 48
Active listings 130
Pending sales 14
Months of inventory about 5.7
Active listings with a price cut 49%
Cash purchases 52%
Monthly principal and interest on $565,000 (20% down, 7.03%) $3,016

Waterfront vs. off-water

  Waterfront Off-water
Closed sales 6 17
Median sale price $762,750 $525,000
Median price per sq ft $394 $325
Median sale-to-list (final price) 94.9% 95.5%
Median sale vs. original asking 85.7% 93.3%
Median days on market 90 48
Active listings / median asking 41 / $1,367,000 89 / $600,000

Waterfront homes closed at 85.7% of original asking at the median, after 90 days on market. Off-water homes closed at 93.3%.

There are 41 waterfront homes for sale, against 6 that closed in September.

How Melbourne Beach compares nearby

Town Median sale Price per sq ft Days on market Closed
Indialantic $786,750 $315 30 22
Melbourne Beach $565,000 $345 48 23
Satellite Beach $505,000 $291 62 24
Cocoa Beach $477,500 $306 46 22
Melbourne $337,500 $224 39 95
Palm Bay $324,995 $190 35 214

Buying in Melbourne Beach this month

This is a market with room to negotiate. Only 52% of sales closed within 5% of list, the lowest share in our September reports.

Cash is common: 52% of buyers paid cash. If you're financing, a strong pre-approval helps you compete.

Principal and interest on the $565,000 median runs about $3,016 a month at 7.03% with 20% down. Taxes, insurance and any association fees are on top of that.

Selling in Melbourne Beach this month

Price to what's closing, not to what's listed. The gap between waterfront asking prices and waterfront sales is wide.

About 5.7 months of inventory means buyers can wait. A sharp first price is your best tool.

Search Melbourne Beach by type

All Melbourne Beach homes for sale · Melbourne Beach condos · Melbourne Beach waterfront homes · Melbourne Beach pool homes · Melbourne Beach new construction homes · Melbourne Beach 55+ homes · Melbourne Beach luxury homes · Melbourne Beach homes under $350K · Melbourne Beach lots and land · Melbourne Beach golf course homes · Melbourne Beach oceanfront homes

Neighborhoods with September sales

Harbor Island Beach Club · Riveria Estates · Floridana Beach · Island Shores of Melbourne Beach · Indian Landing · Wilcox Melbourne Beach · Osprey Villas East · Sunnyland Beach · Wexford

More on Melbourne Beach

Weighing a move? Start with Pros and Cons of Living in Melbourne Beach, Florida. For more detail, see Melbourne Beach Real Estate: What Buyers Should Know in 2026 and Moving to Melbourne Beach FL: Complete 2026 Guide. Browse every listing on the Melbourne Beach homes for sale page.

Frequently asked questions

What is the median home price in Melbourne Beach, FL?

$565,000 in September 2026, across 23 closings, at a median of $345 per square foot.

How long do homes take to sell in Melbourne Beach?

The median was 48 days on market in September. 52% of sales closed within 5% of their final list price.

Are Melbourne Beach home prices dropping?

Sellers are giving ground, especially on the water. The median sale closed at 93.0% of original asking overall, and 85.7% for waterfront homes.

How much do waterfront homes cost in Melbourne Beach?

Waterfront homes closed at a median of $762,750 in September, across 6 sales.

Is Melbourne Beach a buyer's or seller's market?

At about 5.7 months of inventory, it's a market that leans toward buyers. 49% of active listings have had at least one price cut.

How many homes are for sale in Melbourne Beach?

130 active listings at the end of September, plus 14 under contract.

Thinking about Melbourne Beach?

If you're weighing Melbourne Beach against the rest of Brevard County, my partner Nichole and I got your back. Reach out anytime at (321) 212-7676 or www.livingspacecoast.com.

Sources: Space Coast MLS residential data for Melbourne Beach, closings September 1 to 30, 2026; active and pending as of September 30, 2026. Mortgage rate: Freddie Mac Primary Mortgage Market Survey, September 24, 2026.