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market report · 32904
Melbourne, FL · 32904
71 active listings$398,000 median ask$2,404 est. rent0.6% price/rent
$398,000
Median list price
$2,404/mo
Estimated rent
0.6%
Price / rent ratio
71
Listings
FHFA home price index · 2016–2025
108.6% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.31
Median rent / sqft
67 comps
$197.97
Median sold / sqft
67 comps
—
Walkability
4.7%
Area unemployment
BLS LAUS
Median household income $90,673 · median home value $366,300 · ACS 2024.
Natural-hazard risk Very High (FEMA NRI score 98).
7 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
2430 Whippoorwill Pl, Melbourne, FL 32904
Melbourne, FL
$25,500$2,122/mo8.3%
2465 Woodthrush Pl, Melbourne, FL 32904
Melbourne, FL
$55,000$2,011/mo3.7%
3556 Elcar Dr, Melbourne, FL 32904
Melbourne, FL
$42,900$1,399/mo3.3%
2277 Lakes of Melbourne Dr, Melbourne, FL 32904
Melbourne, FL
$65,000$2,011/mo3.1%
548 Marnie Cir, Melbourne, FL 32904
Melbourne, FL
$89,000$1,674/mo1.9%
126 San Paulo Cir, West Melbourne, FL 32904
West Melbourne, FL
$120,000$1,559/mo1.3%