Pine Grove
Homes for Sale in Melbourne, FL
All 714 homes for sale in Melbourne, FL · median $399,000 · 71 homes for sale in 32904 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $240,000, $240 per square foot, a median 76 days on market, sellers accepting 91% of original asking (-13% versus the prior year). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $3,740 ($3,120 with the full homestead exemption).
| Location | Melbourne, Brevard County, FL · ZIP 32904 |
|---|---|
| Homes in the community | 178 (FL DOR 2025 assessment roll) |
| Years built | 1930–2024 (median 1972.5) |
| Typical living area | 2,111 sq ft (median) |
| Sale prices, last 12 months | $240,000 median across 4 closed sales · $240 per sq ft · -13.4% vs the prior 12 months |
| Days on market (closed sales) | 76 median |
| Owner-occupied (homestead) share | 64% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “pine grove no 1 key facts,” movewithmomentum.com/neighborhoods/pine-grove-no-1-melbourne, data as of September 20, 2026.
Price here is driven by the individual home, not by shared amenities. With a median of $250,000 and a median of about $264 per square foot, condition and lot do most of the talking. There is no clubhouse, pool, or gate to underwrite value, so what you pay tracks closely to how well a given house has been kept and updated.
The market posture is brisk but not frantic. A median of 17 days on market means well-priced, presentable homes move quickly, while anything overpriced or dated will sit. Year-over-year values are up 2.0%, which reads as steady rather than surging. Sellers should not assume the market will bail out an ambitious ask; buyers should be ready to act on the right listing without expecting deep discounts.
Pine Grove right now
🔴 Off the recent peak. The trailing-12-month median ($240K) is down 13.4% from the prior 12 months ($277K). With about 3 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 20. Confidence: Low (4 and 3 sales in the two windows).
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· Updated September 27, 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 pine grove no 1 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
Pine Grove market snapshot (as of September 20, 2026): the median sale price is about $240K ($240 per sq ft over the trailing 12 months of closed sales), and a median 76 days on market for closed sales. The trailing-12-month median is down 13% from the prior 12 months, computed from record-level Space Coast MLS closed sales (4 closings in the current window).
In ZIP 32904 (Melbourne), 2,187 homes closed in the last 12 months at a median of $319K ($189/sq ft), down 1.1% year over year, with a median 49 days on market. Right now 35 active and 10 pending listings put supply at about 5.1 months - a balanced market. See the live ZIP 32904 housing market and the Brevard County market.
County records show 12 qualified sales in pine grove across 2024 - 2025 (8 in 2024, 4 in 2025), median $415,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pine Grove is a community of 178 homes in Melbourne, Brevard County, built between 1930 and 2024 (median 1972.5), with a median living area of about 2,111 square feet. 64% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Pine Grove No 1 is a small, home-by-home pocket of Melbourne with no community amenities on current MLS listings. That keeps the focus squarely on the house itself and its location in Brevard County.
Who Pine Grove is best for.
Best for
- Buyers with a budget centered on the $250,000 median who want no HOA amenity costs
- Buyers ready to move decisively on a well-priced listing in a 17-day-median market
- Buyers who value condition and location over shared community features
Probably not for
- Buyers who want a pool, gate, clubhouse, or other maintained amenities
- Buyers expecting a wide, predictable menu of comparable inventory to choose from
- Buyers counting on guaranteed future gains rather than a steady, modest market
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($240K) IS the median in the snapshot above, and the move from 2025 ($277K) IS the -13.4% one-year change.
Windows contain 0 to 5 sales each (4 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 2005 through 2025. Deemed reliable but not guaranteed.
27% of homes for sale in ZIP 32904 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 (2026-09-20).
Housing distress & ownership in pine grove no 1, Melbourne
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
The Pine Grove buying strategy.
If we were buying in Pine Grove 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 Pine Grove.
A condition-driven market
With no HOA amenities identified from current listings, there is no shared feature set to standardize value. That widens the spread between homes: an updated, move-in-ready house and a tired one can carry very different price tags even on similar footprints. The median per-square-foot figure of roughly $264 is a useful anchor, but expect real variation around it depending on kitchens, roofs, and systems.
The recent read rests on a thin window of five closings, so treat any single stat as directional rather than definitive. A 17-day median tells you demand is real for correctly priced inventory. When you find a listing you like, come with your financing squared away and your inspection expectations clear, because the good ones do not linger.
The location and the amenities are priced into every listing in Pine Grove. 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 Pine Grove 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 3 factors (4.3). Basis: Recent Direction -13.4% year-over-year; Owner Commitment 64% owner-occupied; Pricing Power 91.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a small market with few closings and no amenity story to lean on, pricing and condition analysis is everything. We read each home on its own merits against the $250,000 median and the roughly $264 per-square-foot benchmark, then tell you plainly where a listing sits and what it will actually take to buy or sell it.
Pine Grove 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 Pine Grove 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 Pine Grove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pine Grove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pine Grove home worth?
Get a no-obligation home value based on real comparable sales in Pine Grove, 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 Pine Grove?
How long do homes in Pine Grove take to sell?
How many homes are in Pine Grove?
What share of Pine Grove is owner-occupied?
When were the homes in Pine Grove built?
Who is the best real estate agent for Pine Grove?
How do I find a top Melbourne real estate agent who knows Pine Grove?
Can Momentum Realty connect me with an agent for Pine Grove?
Where is Pine Grove, and what county is it in?
Should you buy in Pine Grove?
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 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (6 streets, ZIP 32904)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (51 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.
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See how pine grove no 1 fits the bigger picture — live prices, inventory, and Momentum Scores:
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