Alamanda Key
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-09-12, 11 recorded sales closed at a median of $320,000, $187 per square foot, a median 79 days on market, sellers accepting 93% of original asking (-9% versus the prior year). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $4,990 ($4,370 with the full homestead exemption).
Alamanda Key sits in Melbourne's broader residential market at a $330,000 median — about $193 per square foot — which places it squarely in the affordability tier for Brevard County attached and smaller-lot product. The 7% year-over-year price decline tells you sellers have had to adjust; with thirteen closings in the trailing window and a 66-day median market time, this is not a hot pocket. Buyers have room to negotiate, and inventory is moving at a measured pace.
The MLS pulls show no amenity infrastructure — no clubhouse, pool, or recreation facility tied to these listings — so value here is driven purely by the home itself and Melbourne location access. If you're weighing this community, you're buying the house and the price point, not a resort-style lifestyle. That can be exactly right for a first-timer or investor who wants to avoid HOA overhead, but it means your resale story will hinge on condition and market timing more than community appeal.
Alamanda Key right now
🔴 Off the recent peak. The trailing-12-month median ($320K) is down 9.2% from the prior 12 months ($352K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending September 12. Confidence: Medium (11 and 14 sales in the two windows).
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· Updated September 14, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside Alamanda Key right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Alamanda Key market snapshot (as of September 12, 2026): the median sale price is about $320K ($187 per sq ft over the trailing 12 months of closed sales), and a median 79 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level Space Coast MLS closed sales (11 closings in the current window).
In ZIP 32901 (Melbourne), 200 homes closed in the last 12 months at a median of $290K ($202/sq ft), down 7.1% year over year, with a median 56 days on market. Right now 10 active and 6 pending listings put supply at about 2.8 months — a buyer's market. See the live ZIP 32901 housing market and the Brevard County market.
Space Coast MLS sales records identify 95 homes in Alamanda Key that have changed hands since 2007, built between 2006 and 2022 (median 2016), with a median living area of about 1,735 sq ft and a typical 3-bedroom, 2-bath layout; 99% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Alamanda Key is a Melbourne neighborhood where the $330,000 median reflects accessible pricing and a market that has cooled from last year's levels, giving today's buyers negotiating leverage and time to choose carefully.
Who Alamanda Key is best for.
Best for
- First-time buyers with a budget near $330K who prioritize ownership over renting and can handle a market that rewards patience.
- Investors seeking cash-flow rental product at an accessible basis, comfortable with longer tenant-turn timelines and minimal HOA drag.
- Downsizers or second-home buyers who want a low-maintenance Melbourne base without resort fees or amenity assessments.
Probably not for
- Buyers who need a clubhouse, pool, or planned social calendar as part of their monthly HOA spend.
- Flippers counting on fast appreciation — the 7% year-over-year drop and 66-day market time argue against a quick turnaround.
- Anyone banking on immediate equity gain or requiring a hot seller's market to justify the purchase; this is a hold-and-wait posture.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($320K) IS the median in the snapshot above, and the move from 2025 ($352K) IS the -9.2% one-year change.
Windows contain 0 to 17 sales each (11 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2006 through 2026. Deemed reliable but not guaranteed.
22% of homes for sale in ZIP 32901 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-08).
The Alamanda Key buying strategy.
If we were buying in Alamanda Key today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Alamanda Key.
What the numbers tell us about value and velocity
The median days-on-market of 66 and a heat score of 32 confirm this is a buyer's environment. Homes are sitting longer than in competitive submarkets, and the 7% year-over-year price contraction means sellers who bought at peak are adjusting expectations or waiting. Thirteen closings in the window suggest modest but steady activity — not stalled, but not under pressure.
At $193 per square foot, Alamanda Key offers one of the more accessible entry points in Melbourne for attached or smaller single-family product. The trade-off is amenity-light living: no identified community pool, fitness center, or social hub in the MLS data. You are paying for the home and the address, which suits cost-conscious buyers and investors who prize simplicity and lower carrying costs over programmed recreation.
For sellers, the current posture requires honest pricing and home readiness. The market will move well-maintained, correctly priced inventory, but days-on-market will stretch if you test the top of the range. For buyers, the longer market time and negative price momentum create room to be selective, inspect thoroughly, and negotiate repairs or closing costs that were off the table a year ago.
The location and the amenities are priced into every listing in Alamanda Key. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Alamanda Key rewards preparation and honest pricing, not speed. Our agents pull recent closed comps within the community, walk you through condition-based value adjustments, and help you understand whether a given list price reflects the current market or last year's optimism. We will tell you when to walk, when to offer under ask, and when a home's deferred maintenance will cost you more than the discount is worth. In a cooling, amenity-light market, that candor is the edge.
Alamanda Key in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Alamanda Key buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Alamanda Key sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Alamanda Key, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Alamanda Key home worth?
Get a no-obligation home value based on real comparable sales in Alamanda Key, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Alamanda Key?
How long do homes in Alamanda Key take to sell?
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Should you buy in Alamanda Key?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2006 (143 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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Nearby Communities
Explore more neighborhoods near Alamanda Key with Momentum Realty’s local guides.