Melbourne housing market,
at a glance.

300 active homes·$396,000 median asking·131 median days listed

Updated September 18, 2026. Active asking prices only, not sold prices, and not an appraisal.

Melbourne market snapshot

As of September 18, 2026

300
Active homes
$396,000
Median asking price
$47,000–$4,750,000
$233/sq ft
Median price per sq ft
1,756 sq ft typical
131 days
Median days listed
typically built 2004
What stands out today
  • 80%
    listed over 90 days
    241 of 300 active homes.
  • 69%
    single family inventory
    206 of 300 listings with a stated type.
  • 161 days
    median for 1 bed listings
    The longest wait of any bedroom band here.

Explore Melbourne by ZIP

Bubble size is the number of homes for sale. Pick one on the map or scroll the cards.

ZIP markets

7 in Melbourne · scroll to compare
32940Melbourne
$497,500
Median asking price
For sale
92
$/sq ft
$266
Days listed
154
26% above the Melbourne median
Explore 32940
32905Melbourne
$254,000
Median asking price
For sale
71
$/sq ft
$183
Days listed
138
36% below the Melbourne median
Explore 32905
32935Melbourne
$265,000
Median asking price
For sale
61
$/sq ft
$195
Days listed
120
33% below the Melbourne median
Explore 32935
32904Melbourne
$419,000
Median asking price
For sale
57
$/sq ft
$213
Days listed
132
6% above the Melbourne median
Explore 32904
32903Melbourne
$649,000
Median asking price
For sale
55
$/sq ft
$334
Days listed
160
64% above the Melbourne median
Explore 32903
32901Melbourne
$339,900
Median asking price
For sale
47
$/sq ft
$235
Days listed
166
14% below the Melbourne median
Explore 32901
32934Melbourne
$849,000
Median asking price
For sale
21
$/sq ft
$267
Days listed
146
114% above the Melbourne median
Explore 32934

By bedroom count

1 bed listings wait longest: a median of 161 days, against 119 for 4 bed.

Houses, condos and townhouses, 299 of 300 active homes. Whole buildings and land have no bedroom count; they are in Property mix.

BedroomsFor saleMedian askingDays listed
1 bedlow sample6$163,000161 days
2 bed56$242,450156 days
3 bed140$365,450129 days
4 bed75$580,000119 days
5+ bed22$724,500133 days

Inventory age

80% of active homes have been listed more than 90 days. This reflects today's active inventory, not a trend over time.

20%
80%
Under 60 days
0%
0 homes
60–90 days
20%
59 homes
Over 90 days
80%
241 homes

Property mix

Single Family homes are 69% of what is for sale.

Listings by property typeranked by count · median asking price under each label
Listings by property typeranked by count · median asking price under each label
Single Family$432,500
20669%
Townhouse$309,985
5117%
Condo$209,900
4314%

Compare nearby markets

Ordered by active listings, not by any view of where to buy.

Active asking prices only, not sold prices, and not an appraisal.About this data
  • Active asking prices only — not sold prices, and not an appraisal.
  • Coverage is the areas EuKreate tracks, so this is not the whole market.
  • Whether a home is under contract is not in the data we receive, so no pending count is shown.
  • No trend yet: we have not started measuring this area.

How this is put together