32940 Real Estate Market Overview

Could Melbourne, FL 32940 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 32940. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 32940 such as Palm... Bay and Rockledge. When you’re ready, Trulia has 211 resale and new homes in 32940 lined up for you, including open houses, and 47 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$280,000

Median Sales Price

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$117

Price Per Sqft

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$1,722

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 32940 show a 20% year-over-year rise in median sales price and a -2% drop in median rent per month.

Median Sales Price
The median sales price for homes in 32940 for May 25 to Aug 24 was $280,000 based on 1 home sales.
Price Per Square Ft.
Average price per square foot for 32940 was $117, a decrease of -2% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 32940 for Jul 25 to Aug 25 was $1,722.

Crime

Most frequent crimes in the past year

32940 has very low crime relative to the rest of Brevard County.

Knowing more about crime activity in 32940 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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32

Counts of Theft

10

Counts of Arrest

5

Counts of Assault


Best Schools in 32940

There are 4 schools in 32940.

Elementary Schools
10

Suntree Elementary School

Public, K - 6

10

Quest Elementary School

Public, PK - 6

N/A

Brevard Virtual Instruction Program

Public, K - 8

Middle Schools
N/A

Brevard Virtual Instruction Program

Public, K - 8

High Schools
8

Viera High School

Public, 9 - 12


Demographics

Get to know your neighbors in 32940 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
29%
Single residents
Home owners
87%
Home owners
Median age
48
Median age
Household income
$66,267
Median household income
College educated
49%
College educated

Commute

Most people in 32940 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
98% commute by car
0% commute by bike
0% commute by public transportation
0% commute by foot

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