Suntree
Homes for Sale in Melbourne, FL

All 714 homes for sale in Melbourne, FL · median $399,000 · 278 homes for sale in 32940 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32940
866 homesBuilt 1975–2010Median sale $481K
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Live Market Pulse
36/100
Market Heat
Cooler than normal
2013 → 2026 · 80 at the 2021 peak
0 is Suntree's coldest market since 2013, 100 its hottest. Today: 36. How it's scored
Built fromLive Space Coast MLS data22 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 15 recorded sales closed at a median of $481,000, $246 per square foot, a median 63 days on market, sellers accepting 92% of original asking (+36% versus the prior year). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,510 ($6,880 with the full homestead exemption).

Neighborhoods in the Suntree area

MLS subdivisions in the same ZIP codes within Melbourne, FL, placed by location around Suntree (distance from the community centre). They are not necessarily part of the Suntree plan.

Villages & sections of Suntree

Suntree in Melbourne, FL is a master-planned community recorded as 55 named villages and sections in the MLS; 50 homes are for sale or pending across them today. Each village has its own page with its listings, sales history and HOA/CDD facts.

Suntree key facts
LocationMelbourne, Brevard County, FL · ZIP 32940
Homes in the community866 (FL DOR 2025 assessment roll)
Years built1975–2010 (median 1983.0)
Typical living area2,586 sq ft (median)
Sale prices, last 12 months$481,000 median across 15 closed sales · $246 per sq ft · +35.9% vs the prior 12 months
Days on market (closed sales)63 median
Owner-occupied (homestead) share75%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Suntree key facts,” movewithmomentum.com/neighborhoods/suntree, data as of September 20, 2026.

Live · Suntree Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$481K ▲
Median sold · 12 mo
up 35.9% vs the prior 12 months
+35.9% ▲
1-yr price change
n = 15 and 19 sales in the two windows
$246/sf
Sold $/sqft · 12 mo
peak $246 in 2026
92.3%
Sale vs ask
+178%
T12M median vs 2012
from a $173K median in 2012
Tempo
63days
Median DOM · closed
8 days at the 2022 low
15
Sold · last 12 mo
10-yr average: about 33 a year
Ownership and context
75%
Owner-occupied · Suntree
648 of 866 parcels homesteaded (FL DOR 2025)
25%
Non-owner-occupied · Suntree
incl. 9% trust or LLC-held · 4% out-of-state
866
Homes in the community
866 residential parcels (FL DOR 2025)
Track record · 22 years of records
58
Recorded sales · 2024-2025
median $370K · qualified sales on the county roll (FL DOR 2025)
Est. 1975
Community established
homes built 1975-2010, median 1983 (FL DOR 2025)
2,182sqft
Median sold home size
12-mo windows, closed sales
1.7%/yr
Turnover rate
about 15 of 866 homes trade a year
Suntree Housing Pulse · Momentum Research · as of September 20, 2026

Suntree right now

🟢 Still climbing. The trailing-12-month median ($481K) is up 35.9% from the prior 12 months ($354K) and up 178% since 2012.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending September 20. Confidence: High (15 and 19 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· 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 SuntreeHomes for Sale in Melbourne, FL 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.

227 Augusta Way
$220K · 0.1 mi away
2 bd · 2.5 ba · 1,440 sqft
227 Augusta Way
Listed by Waterman Real Estate, Inc.
905 Osprey Drive
$359K · 0.2 mi away
3 bd · 2 ba · 1,768 sqft
905 Osprey Drive
Listed by FlatFee.com
907 Osprey Drive
$300K · 0.2 mi away
2 bd · 3 ba · 2,140 sqft
907 Osprey Drive
Listed by RE/MAX Alternative Realty
153 Woodside Drive
$325K · 0.3 mi away
2 bd · 2 ba · 1,256 sqft
153 Woodside Drive
Listed by RE/MAX Aerospace Realty
236 Country Club Drive
$400K · 0.3 mi away
3 bd · 2.5 ba · 1,914 sqft
236 Country Club Drive
Listed by Denovo Realty
153 Eton Circle
$249K · 0.4 mi away
2 bd · 2 ba · 1,211 sqft
153 Eton Circle
Listed by EXP Realty, LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Suntree market snapshot (as of September 20, 2026): the median sale price is about $481K ($246 per sq ft over the trailing 12 months of closed sales), and a median 63 days on market for closed sales. The trailing-12-month median is up 36% from the prior 12 months and up 178% since 2012, computed from record-level Space Coast MLS closed sales (15 closings in the current window).

In ZIP 32940 (Melbourne), 1,061 homes closed in the last 12 months at a median of $405K ($219/sq ft), up 0.4% year over year, with a median 40 days on market. Right now 150 active and 54 pending listings put supply at about 3.0 months — a balanced market. See the live ZIP 32940 housing market and the Brevard County market.

County records show 58 qualified sales in Suntree across 2024–2025 (38 in 2024, 20 in 2025), median $370,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Suntree is a community of 866 homes in Melbourne, Brevard County, built between 1975 and 2010 (median 1983.0), with a median living area of about 2,586 square feet. 75% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 15 to 51 sales each (15 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 2004 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$400K20122014201620182020202220242026
Up 35.9% year over year; up 178% since 2012.
Every sale since 2004 · price vs size
$0$500K$1M2k4k
736 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $81 in 2012 to a $246 peak in 2026; $246 now.
Median days on market · closed sales
20406020122014201620182020202220242026
8 days at the 2022 low; 63 now.
Sale price vs original ask · median
92%95%98%100%20122014201620182020202220242026
92.3% now.
Homes sold per 12-mo window
0204020122014201620182020202220242026
15 to 51 a year; 15 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
80 at the 2021 peak, 15 in the troughs, 36 now. Same score as the hero card, full history.
How much local inventory is already under contract

34% 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 (2026-09-20).

If we were buying in Suntree today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Suntree.

A closer look at the Suntree market

At a median of $246 per square foot, Suntree prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median up 36% year over year. Homes that do trade take a median 63 days on market, useful leverage on any listing that has lingered.

The housing stock is 866 homes built between 1975 and 2010, and 75% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

“

The location and the amenities are priced into every listing in Suntree. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
8.1B+ · Buy Score
Long-Term Appreciation10.0/10
Recent Direction10.0/10
Owner Commitment7.5/10
Pricing Power4.9/10

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 (8.1). Basis: Long-Term Appreciation +178% since 2012; Recent Direction +35.9% year-over-year; Owner Commitment 75% owner-occupied; Pricing Power 92.3% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Suntree homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Suntree.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Suntree sales matched to your home.

What is your Suntree home worth?

Get a no-obligation home value based on real comparable sales in Suntree, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Melbourne →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Suntree?
The median sale price in Suntree was $481K over the 12 months ending September 20, 2026 (15 closed sales, Space Coast MLS).
How long do homes in Suntree take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 63 days on market (15 sales, Space Coast MLS).
How many homes are in Suntree?
The Florida DOR 2025 assessment roll shows 866 homes in Suntree (public records).
What share of Suntree is owner-occupied?
75% of Suntree parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Suntree built?
Homes in Suntree were built between 1975 and 2010, with a median year built of 1983.0 (FL DOR 2025 roll).
Have Suntree home prices gone up?
The trailing-12-month median is up 178% since 2012, from $173K to $481K (Space Coast MLS closed records).
Who is the best real estate agent for Suntree?
The best agent for Suntree is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Suntree.
How do I find a top Melbourne real estate agent who knows Suntree?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Suntree and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Suntree?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Suntree purchase or sale - no call center and no pressure.
Where is Suntree, and what county is it in?
Suntree is in Melbourne, Brevard County, FL, ZIP 32940. The community's center is about 10 miles northwest of the center of Melbourne (straight-line).
Is Suntree a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Suntree: the median sale price over the last 12 months was $481K (15 sales), 25% above the Melbourne median of $385K; homes took a median 63 days to go under contract; the assessment roll counts 866 homes, 75% of them homesteaded (owner-occupied). The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (33 streets, ZIP 32940))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2004 (736 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.

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Thinking of selling in Suntree? 15 recorded closings; median 63 days on market (window ending 2026-09-20). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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