Farallon Fields vs Reeling Park
Two Brevard communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-10-07.
| Metric | Farallon Fields | Reeling Park |
|---|---|---|
| Median sale price | $695K | $698K |
| Price per sq ft | $290 | $257 |
| Avg days on market | n/a | n/a |
| Months of supply | 1.2 mo | 13.0 mo |
| Market | Balanced Market (limited data) | Buyer-Leaning Market |
| 1-year price change | False | False |
| Recent closings | 30 | 12 |
The verdict
Reeling Park carries the higher median price — about 0% above Farallon Fields. Farallon Fields is the tighter market on inventory (1.2 months of supply).
Where each one is
| Farallon Fields | Reeling Park | |
|---|---|---|
| County | Brevard County, FL | Brevard County, FL |
| City / area | Melbourne | Melbourne |
| FEMA flood zones (sampled parcels) | all 11 sampled homes outside a flood zone | 89% of 19 homes outside a flood zone (Zone X) |
Distances are straight-line; driving distance is usually 15 to 30 percent more. Flood-zone shares come from FEMA flood maps matched to sampled parcels; always check the exact address before you close.
What is for sale today
| Farallon Fields | Reeling Park | |
|---|---|---|
| Homes for sale now | 3 | 13 |
| Under contract | 0 | 6 |
| Asking prices today | $662K to $695K | $550K to $1.19M |
| Listed in the last 7 days | 3 | 3 |
| Property types listed | Single Family Residence | Single Family Residence |
Live MLS counts, refreshed with every listing pull. Browse them: Farallon Fields homes for sale · Reeling Park homes for sale.
The homes themselves
| Farallon Fields | Reeling Park | |
|---|---|---|
| Homes (parcels) | n/a | 3 |
| Built | n/a | n/a |
| Typical living area | n/a | n/a |
| Homesteaded (owner-occupied) share | 0% | 0% |
| Vacant lots | 233 | 0 |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Schools the listings are zoned for
| Farallon Fields | Reeling Park | |
|---|---|---|
| Elementary | Viera | Quest |
| Middle | Viera Middle School | Delaura |
| High school | Viera | Viera |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Which one fits
On budget alone, Farallon Fields is the lower entry point (median $695K vs $698K).
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is Reeling Park more expensive than Farallon Fields?
Yes, on recent sales: the median sale price in Reeling Park is $698,000 versus $695,000 in Farallon Fields, about 0% higher.
What high schools serve Farallon Fields and Reeling Park?
Listings in Farallon Fields most often report Viera; listings in Reeling Park report Viera. Zoning is set by the district and can change - verify by address.
Go deeper on each: Farallon Fields homes, photos & schools · Reeling Park homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.