Homes, values and local insight for Melbourne, Brevard County, Florida. Typical home value $357,000.
Reviewed and updated October 3, 2026 by Ryan and Megan Winslow, Winslow Homes
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Melbourne is the Harbor City of Florida's Space Coast, set on the Indian River Lagoon with bridges out to the barrier island beaches. It has two walkable historic districts, Downtown Melbourne on Crane Creek and the Eau Gallie Arts District, plus Melbourne Orlando International Airport and major employers like L3Harris Technologies.
The town was named after Melbourne, Australia, in honor of Cornthwaite John Hector, the area's first postmaster. The railroad arrived in 1893, a 1919 fire destroyed the Front Street businesses, and a new district grew on New Haven Avenue during the 1920s land boom. Eau Gallie, founded by William Henry Gleason in 1860 and Brevard's county seat from 1874 to 1878, joined Melbourne in 1969. A mix of L3Harris and aerospace workers, retirees and families relocating from colder states. Days revolve around the lagoon, the beaches across the causeways, and patio dining in the two historic districts.
The original city core near Crane Creek and New Haven Avenue. Older historic homes, 1960s houses, renovated properties and some HOA neighborhoods, with a street-by-street mix of condition. Inside city limits, so city taxes apply. Close to L3Harris and the airport. ( source )
A small-downtown feel on the lagoon in north Melbourne with galleries, murals, restaurants and events. Homes range from early 1900s historic houses to 1960s and renovated properties. ( source )
An established, unincorporated master-planned community in north Melbourne with homes from the late 1970s through the early 2000s, mature oaks and shaded streets. Includes gated Baytree and the Suntree Country Club with 36 holes designed by Arnold Palmer. ( source )
A master-planned community split into Viera East (late 1990s to early 2000s) and newer Viera West, where golf carts can travel through the community. Heavy HOA rules; boats and RVs in driveways are usually not allowed. The Avenue Viera is the retail hub. ( source )
Mostly HOA neighborhoods near the Pineda Causeway, with some larger-lot communities like Wendover Farms. Quick access to I-95, US-1, the beach and Patrick Space Force Base, with restaurants along Wickham Road. ( source )
Acre lots, non-HOA properties and room for boats and RVs with a tucked-away, semi-rural feel, still close to Wickham Road shopping. Many 1980s homes are wood frame. ( source )
The city's slice of the barrier island along A1A near Paradise Beach Park, with HOA neighborhoods, some non-HOA pockets and short-term rental potential depending on location. ( source )
The Space Coast's best-known Irish pub for traditional Irish meals and live music, with a long weekday happy hour from 2 to 6 pm. ( source )
Contemporary American · 923 E. New Haven Ave, Downtown MelbourneRustic American cooking, boutique wines and craft cocktails in a refined casual room; a go-to for client dinners. ( source )
Brewery and gastropub · 1002 E. New Haven Ave, Downtown MelbourneHouse craft beer and a Florida-inspired menu inside a renovated 120-year-old former hardware and farm supply store. ( source )
Seafood · 1477 Pineapple Ave, Eau GallieCasual waterfront seafood and a deck on the Indian River Lagoon; no reservations, so expect a wait on weekends. ( source )
Wood-fired pizza · 1437 Highland Ave, Eau Gallie Arts DistrictStarted as a food truck in 2015 and now fires pizzas in a 1922 former bank building, with a craft cocktail speakeasy inside. ( source )
Northern Lebanese · 4100 N. Wickham Rd, Suite 137Chef Toni Elkhouri was named a 2026 James Beard Award semifinalist. Dinner is by reservation only, and it sits across from the King Center. ( source )
Irish pub · 1385 Highland Ave, Eau Gallie Arts DistrictFamily-run pub on Highland Avenue with Irish food, imported beer, Irish whiskey and live entertainment. ( source )
American · 1434 Pineapple Ave, Eau Gallie Arts DistrictMulti-level restaurant with a rooftop bar for sunsets, riverside views and live entertainment. ( source )
Eau Gallie microbrewery with an ever-rotating tap list, food and regular events at 652 W. Eau Gallie Blvd. ( source )
Family-owned Eau Gallie coffee shop open since 2013, roasting its own beans and pouring cold brew on tap at 1414 Highland Ave. ( source )
Lighted downtown boardwalk and manatee and bird observation area that connects to Melbourne Harbor Marina. A local sunset walk. ( source )
Public square with a band shell and Wi-Fi at the heart of EGAD, home base for First Friday entertainment. ( source )
Downtown community theater with an intimate 93-seat room at 817 E. Strawbridge Ave, now in its 74th season. ( source )
More than 45 independent shops along an oak-shaded, walkable district with boutiques, antiques, handcrafted skincare, cigars and gourmet food and wine. ( source )
Open-air center with 80-plus shops and restaurants, a movie theater and a splash pad at 2261 Town Center Ave. ( source )
Enclosed mall open since 1982 with more than 125 national and local retailers at 1700 W. New Haven Ave. ( source )
Farmers market in Downtown Melbourne's Riverview Park, listed on the district events calendar (next: October 3, 2026, 10 am to 2 pm). ( source )
Mother's Day weekend sidewalk market in EGAD with local artists, makers, florists and live music. ( source )
Nearly 400 usable acres with a 5-mile drive for walking and cycling, two swimming lakes, disc golf, an archery range, equestrian facility, dog park and 133 campsites. ( source )
West Melbourne, next to Melbourne54-acre hammock preserve with a 3,000-foot wheelchair-accessible elevated boardwalk and a nature center. ( source )
in town, beachside on A1A12.39-acre oceanfront park with three dune crossovers, seasonal lifeguards, a playground, volleyball and pavilions. ( source )
south end of the barrier island; Melbourne Harbor Marina lists the inlet 16 miles southNearest state park. Three miles of beaches known for fishing, surfing and snorkeling, plus camping, a marina and two small museums. ( source )
south Melbourne Beach on A1AProtected beach considered one of the most important loggerhead sea turtle nesting areas in the world, with the Barrier Island Sanctuary education center. ( source )
north Brevard, Titusville areaHome to more than 500 wildlife species and 358 bird species, with the 7-mile Black Point Wildlife Drive and six hiking trails. ( source )
north Brevard, Titusville areaNational Park Service seashore with undeveloped beaches, Timucua shell mounds, kayaking and rocket launch views. ( source )
Community-built, AZA-accredited zoo with giraffe feeding, kayak tours past lemurs and the Treetop Trek zip-line course at 8225 N. Wickham Rd. ( source )
Eastern Florida State College's major venue for concerts, Broadway tours and the Brevard Symphony Orchestra at 3865 N. Wickham Rd. ( source )
493-seat downtown theater in the original Melbourne School, begun in 1919 and the oldest surviving public building in Brevard County. The stage was designed by Tony Award winner Peter Feller. ( source )
National Register home in Eau Gallie with original furniture, gardens and a private cemetery; tours Wednesday through Saturday. ( source )
Large-scale murals across EGAD with guided mural tours monthly from October through May. ( source )
Gallery openings, live performances and art installations starting at 5:30 PM in the Eau Gallie Arts District. ( source )
April (next: April 10, 2027)Free plant and garden festival with more than 60 vendors, local art and food. ( source )
October (2026: October 10)Free fall festival with live music, local vendors, beer and wine, pumpkins and kids' activities. ( source )
OctoberEGAD and Verdi EcoSchool host trick-or-treating along Highland Ave, hayrides, a costume contest and a movie under the stars. ( source )
DecemberHoliday evening on Highland Ave with vendors, live music, food trucks and local artisans. ( source )
Croton Elementary, Dr. W.J. Creel Elementary, Harbor City Elementary, Longleaf Elementary, Sabal Elementary, Sherwood Elementary, Suntree Elementary, University Park Elementary, Meadowlane Primary Elementary (West Melbourne), Meadowlane Intermediate Elementary (West Melbourne)
MiddleL.B. Johnson Middle, Stone Middle School, Central Middle (West Melbourne)
HighEau Gallie High, Melbourne High
Listed for reference, not ranked. Confirm school zoning for any address with the district. ( source )
I-95, US-1 (Harbor City Blvd), US-192 (New Haven Ave), Wickham Road, and the Pineda Causeway, Eau Gallie bridge and Melbourne Causeway to A1A
AirportsMelbourne Orlando International Airport (MLB) in Melbourne; Orlando International Airport (MCO) is about 1 hour 15 minutes away
Orlando: about 1 hour 15 minutes Walt Disney World and Universal Orlando: about 1 hour 15 minutesRyan and Megan Winslow, broker owners of Winslow Homes. REALTOR® since 2009, 3,000+ homes sold, broker in FL, MA, CT and RI, U.S. Army Retired.
Call 386-690-5858 Email Ryan and Megan Get pre-approvedResearched and verified 2026-09-28. Businesses change; call ahead.
The typical home in Melbourne is worth $357,000, 4% above the Brevard County typical value of $342,000 and 5% below the Florida typical value of $375,000.
Zillow Home Value Index for Melbourne, August 2026. The middle of the market for single family homes and condos.
Home values in Melbourne moved +18.2% over five years and +86.9% over ten.
Median gross rent in Melbourne. Useful for investors running rental numbers.
Share of occupied homes in Melbourne lived in by the owner.
A newer housing stock means fewer surprises at inspection.
Median household income in Melbourne.
Ryan and Megan are mortgage bankers with The Federal Savings Bank, lending in all 50 states. You get the home and the loan from one team. On a typical Melbourne home of $357,000:
Ryan and Megan price Melbourne homes from recent sales, not guesses. Send your address and you get a free market analysis, with no obligation.
Typical value $429,000 · 683 residents
Area guide →Typical value $371,000 · 31,378 residents
Area guide →Typical value $454,000 · 9,006 residents
Area guide →Typical value $453,000 · 1,210 residents
Area guide →Typical value $612,000 · 3,117 residents
Area guide →Typical value $513,000 · 11,367 residents
Area guide →See the full Brevard County real estate guide or the Florida real estate guide.
The Zillow Home Value Index for Melbourne was $357,000 in August 2026, -1.0% over the past year.
Melbourne is in Brevard County, Florida.
About 87,561 people as of the 2024 Census Bureau estimate, up from 84,727 in 2020.
Ryan and Megan Winslow of Winslow Homes have sold over 3,000 homes since 2009 and are licensed in Florida, Massachusetts, Connecticut and Rhode Island. Call or text 386-690-5858.
Apply at www.winslowloan.com. Ryan and Megan are mortgage bankers with The Federal Savings Bank and lend in all 50 states, including FHA, VA and conventional loans.
60% of occupied homes in Melbourne are owner occupied, based on the 2019 to 2023 American Community Survey.
17 years, over 3,000 homes sold, and one team for the home and the loan. Call or text 386-690-5858.
Sources: U.S. Census Bureau 2024 population estimates and 2019 to 2023 American Community Survey; Zillow Home Value Index, August 2026. Numbers update as new data is released. Talk to Ryan and Megan for current sold prices on your street.
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Get coming-soon homes, pocket listings and price drops in Melbourne, FL before they hit the big home search sites.
The typical home in Melbourne is worth $376,506 as of August 2026, across 5 ZIP codes ranging from $267,827 in 32935 to $492,873 in 32934. Values moved -1.0% over the last 12 months at the middle ZIP code.
| ZIP | Typical value | 12 months | 5 years | Median sale, Mar to May 2026 | Days on market |
|---|---|---|---|---|---|
| 32901 | $268,756 | -1.7% | +14.8% | ||
| 32904 | $376,506 | -1.0% | +14.6% | ||
| 32934 | $492,873 | +0.6% | +23.4% | ||
| 32935 | $267,827 | -1.3% | +16.6% | ||
| 32940 | $490,399 | -0.9% | +19.9% |
Sources: Zillow Home Value Index through August 2026 and the Redfin Data Center ZIP code tracker, March to May 2026. Ask Ryan and Megan for a value for your own home.
