Sylvan Estates
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.
Photo via Space Coast MLS
Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $520,000, $271 per square foot, a median 63 days on market, sellers accepting 95% of original asking (+7% versus the prior year). Homes listed or recently sold were built 1962–1968. At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $8,110 ($7,490 with the full homestead exemption).
Sections of Sylvan Estates in the MLS
Sylvan Estates in Melbourne, FL is recorded as 2 separate subdivisions/phases in the MLS; 0 homes are for sale across them today. Each section has its own page:
- Sylvan Estates Sec A · 3 sold/12 mo
- Sylvan Estates Sec B · 1 sold/12 mo
| Location | Melbourne, Brevard County, FL · ZIP 32904 |
|---|---|
| Homes in the community | 113 (FL DOR 2025 assessment roll) |
| Years built | 1944–1996 (median 1964.0) |
| Typical living area | 2,648 sq ft (median) |
| Sale prices, last 12 months | $520,000 median across 4 closed sales · $271 per sq ft · +6.7% vs the prior 12 months |
| Days on market (closed sales) | 63 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 74% |
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, “Sylvan Estates key facts,” movewithmomentum.com/neighborhoods/sylvan-estates--brevard, data as of September 20, 2026.
Sylvan Estates sits in Melbourne with a median around $520,000 and a median of roughly $271 per square foot. With that kind of per-foot figure, price here is driven more by condition, layout, and lot than by any headline number — the spread between an updated home and one that needs work can be wide, so read each listing on its own merits rather than the median alone.
The market posture is middling. A heat score of 43 and a median of about 63 days on market tell you this is not a place where homes move on the first weekend. Prices are up 6.7% year over year, so there's real support under values, but buyers have time to inspect, negotiate, and walk away. Sellers should price to the comps and expect a measured timeline rather than a bidding war.
Sylvan Estates right now
🟡 Still climbing. The trailing-12-month median ($520K) is up 6.7% from the prior 12 months ($488K). 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).
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 Sylvan Estates 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
Sylvan Estates market snapshot (as of September 20, 2026): the median sale price is about $520K ($271 per sq ft over the trailing 12 months of closed sales), and a median 64 days on market for closed sales. The trailing-12-month median is up 7% 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 6 qualified sales in Sylvan Estates across 2024–2025 (4 in 2024, 2 in 2025), median $390,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Sylvan Estates is a community of 113 homes in Melbourne, Brevard County, built between 1944 and 1996 (median 1964.0), with a median living area of about 2,648 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Sylvan Estates is a Melbourne pocket where the median lands in the low-$500s and homes take about two months to sell — a market that rewards patience on both sides of the table.
The setting & the homes.
Aerial and on-site photos of Sylvan Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Sylvan Estates
Sylvan Estates
Sylvan Estates
Sylvan EstatesPhotos from Space Coast MLS listings in Sylvan Estates; content deemed reliable but not guaranteed.
Who Sylvan Estates is best for.
Best for
- Buyers around the low-$500s who want time to inspect and negotiate rather than rush
- Value-focused buyers willing to weigh a home's condition and finish against its per-foot price
- Sellers prepared to price to the comps and accept a roughly two-month timeline
Probably not for
- Buyers needing a fast, competitive close in a hot market
- Sellers expecting above-comp offers or a first-weekend sale
- Buyers who want shared community amenities as part of the package
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 ($520K) IS the median in the snapshot above, and the move from 2025 ($488K) IS the +6.7% 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 2004 through 2026. 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).
Sylvan Estates Market Scorecard
Sylvan Estates is currently a balanced market..
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.
Housing distress & ownership in Sylvan Estates, 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.
Sylvan Estates 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.
The Sylvan Estates buying strategy.
If we were buying in Sylvan Estates 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 Sylvan Estates.
A condition-driven market that takes its time
With a median near 63 days on market and a heat score of 43, Sylvan Estates leans toward balance rather than urgency. That's a useful posture for a buyer: there's room to do your diligence, ask for repairs, and let a slightly stale listing come back to a fair number. It's less forgiving for a seller who assumes a quick close — mispricing shows up as extra weeks on market here.
The closings window is thin — only 4 recent sales inform this snapshot — so treat these figures as a directional read, not a precise gauge. At roughly $271 per square foot, small differences in updates and finish move price meaningfully, which is why the median tells you the middle of the market but not what your specific home is worth. No community amenities surfaced in current MLS listings, so value here rests on the houses and the location, not shared facilities.
The location and the amenities are priced into every listing in Sylvan Estates. 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 Sylvan Estates 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 (7.2). Basis: Recent Direction +6.7% year-over-year; Owner Commitment 74% owner-occupied; Pricing Power 94.9% sale-to-list. Refreshed with each data update.
Why work with Momentum here
With only a handful of recent closings to lean on, pricing in Sylvan Estates is an interpretation, not a lookup. We read each comp for condition and finish, position your offer or your listing against a market that rewards patience, and tell you plainly when the numbers don't support the move.
Sylvan Estates 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 Sylvan Estates 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 Sylvan Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Sylvan Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Sylvan Estates home worth?
Get a no-obligation home value based on real comparable sales in Sylvan Estates, 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 Sylvan Estates?
How long do homes in Sylvan Estates take to sell?
How many homes are in Sylvan Estates?
What share of Sylvan Estates is owner-occupied?
When were the homes in Sylvan Estates built?
Who is the best real estate agent for Sylvan Estates?
How do I find a top Melbourne real estate agent who knows Sylvan Estates?
Can Momentum Realty connect me with an agent for Sylvan Estates?
Where is Sylvan Estates, and what county is it in?
Should you buy in Sylvan Estates?
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 26, 2026) |
| 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 (2 streets, ZIP 32904)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (53 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 Sylvan Estates fits the bigger picture — live prices, inventory, and Momentum Scores:
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