Chelford
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Space Coast MLS
As of September 2026, Chelford Subdivision in Melbourne, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $730,000, $256 per square foot, a median 92 days on market, sellers accepting 94% of original asking (-8% versus the prior year). Homes listed or recently sold were built 2010–2012; 5 of 5 report an HOA (median $108/mo). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $11,390 ($10,770 with the full homestead exemption).
Price in Chelford is driven by the individual home, not by shared amenities — there are none identified from current MLS listings. At a median of $735,000 and roughly $252 per square foot, condition, lot, and finish do the heavy lifting here. Expect a wide spread around that median, because what you're paying for is the specific house rather than a community package.
The market posture is mixed and worth reading carefully. The median home is sitting about 92 days on market, and prices are down 7.8% year over year, yet the heat score reads high at 9 out of 10. That combination — high demand indicator alongside a slower time-to-sale and a softening year — tells sellers to price to the current reality and buyers that there is room to negotiate on homes that have lingered.
Chelford right now
🟡 Balanced market. 4.0 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 12, 2026. Confidence: Low (2 active and pending listings, 3 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($730K) is down 7.8% from the prior 12 months ($792K) and up 135% since 2012. With about 6 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: Low (3 and 6 sales in the two windows).
What's unique here: the median sale price is about 2x the typical Brevard County sale ($730K vs $353K, trailing 12 months, Space Coast MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· 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
The 60-Second Overview
Chelford market snapshot (as of September 12, 2026): the median sale price is about $730K ($256 per sq ft over the trailing 12 months of closed sales), a median 92 days on market for closed sales, and 4.0 months of supply, a balanced market. The trailing-12-month median is down 8% from the prior 12 months and up 135% since 2012, computed from record-level Space Coast MLS closed sales (3 closings in the current window).
In ZIP 32940 (Melbourne), 1,076 homes closed in the last 12 months at a median of $401K ($219/sq ft), up 1.0% year over year, with a median 40 days on market. Right now 146 active and 51 pending listings put supply at about 2.8 months — a healthy market. See the live ZIP 32940 housing market and the Brevard County market.
Space Coast MLS sales records identify 73 homes in Chelford that have changed hands since 2009, built between 2008 and 2013 (median 2011), with a median living area of about 2,877 sq ft and a typical 4-bedroom, 3-bath layout; 100% 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.
Chelford is a home-by-home market in Melbourne with no shared amenities to lean on, so value tracks condition and lot more than any community feature. The long arc has been strong — up 178% since 2012 — but the last year has cooled.
The setting & the homes.
Aerial and on-site photos of Chelford. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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ChelfordPhotos from Space Coast MLS listings in Chelford; content deemed reliable but not guaranteed.
Who Chelford is best for.
Best for
- Buyers with a budget around the mid-$700s who want a specific house rather than a community package
- Patient buyers willing to negotiate on homes that have sat past the 90-day mark
- Long-hold buyers comfortable with a market that has climbed 178% since 2012 but cooled this year
Probably not for
- Buyers who want shared amenities — none are identified from current MLS listings
- Sellers needing a quick sale, given a median time on market just over three months
- Buyers wanting precise price certainty in a market with only five recent closings
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 ($730K) IS the median in the snapshot above, and the move from 2025 ($792K) IS the -7.8% one-year change.
Windows contain 1 to 11 sales each (3 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 2009 through 2026. Deemed reliable but not guaranteed.
31% of homes for sale in ZIP 32940 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 (2026-09-12).
Chelford Market Scorecard
Chelford is currently a balanced market. About 4.0 months of supply, a median asking price of $815,900.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Chelford
Live MLS inventory for Chelford. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Chelford listings as of 2026-09-13, priced high to low. Based on information from the Space Coast MLS for the period 2009 through 2026. Tap any home to ask about it.
Chelford on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Manatee · Elementary
- Kennedy · Middle
- Viera · High
Zoned schools reflect the assignments reported on recent Chelford listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Chelford address.
Shop the zone: Homes zoned for Viera High School
The Chelford buying strategy.
If we were buying in Chelford 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 Chelford.
Reading a slow but hot market
The tension in Chelford's numbers is the story. A high heat score usually points to fast movement, but the median days on market is just over three months and the year-over-year change is negative at 7.8%. That means demand is real, but buyers are disciplined — well-priced, move-in-ready homes get attention while anything overpriced or needing work waits.
The closings sample here is thin — only five in the window — so treat the median as a directional read rather than a precise gauge. With no amenity story to standardize value, each sale is its own negotiation. The since-2012 gain of 178% shows the neighborhood's long-term trajectory, but it does not insulate a seller from pricing correctly today.
The location and the amenities are priced into every listing in Chelford. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Chelford buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.1). Basis: Long-Term Appreciation +135% since 2012; Recent Direction -7.8% year-over-year; Liquidity & Demand 4.0 months of supply; Pricing Power 94.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a low-volume market where five recent closings set the tone, the median only tells you so much. We price and negotiate off the specific home — its condition, lot, and finish — because that is what actually moves value in Chelford. For sellers, that means honest positioning against a softening year; for buyers, it means knowing which listings have real room and which are priced to move.
Chelford in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $108/month (about $1,296/yr) · median of 3 MLS listings, most billed twice a year
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $108 per month ($1,296 a year) — the median AssociationFee across 3 MLS records, normalised to a monthly figure; most are billed twice a year. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 Chelford 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 Chelford sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Chelford, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Chelford home worth?
Get a no-obligation home value based on real comparable sales in Chelford, 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 Chelford?
How long do homes in Chelford take to sell?
Is Chelford a buyer's or seller's market right now?
Have Chelford home prices gone up?
Who is the best real estate agent for Chelford?
How do I find a top Melbourne real estate agent who knows Chelford?
Can Momentum Realty connect me with an agent for Chelford?
Should you buy in Chelford?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 13, 2026) |
| 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 2009 (122 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?
You just read the data. Now see what your home is worth.
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.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Chelford fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Chelford with Momentum Realty’s local guides.