Momentum Housing Data · Home Values · Brevard County
Buying here? See Mission Lake Villas homes for sale and the Mission Lake Villas community guide (Melbourne).
Mission Lake Villas (Melbourne, FL): 8 recorded closings in the 12 months ending 2026-09-20, a 10-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 95.2% of original asking; the median sale took 18 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $448,000 | $223 | 18 | 95.2% | 8 |
| 2025 | $425,000 | $247 | 19 | 85.9% | 3 |
| 2023 | $485,000 | $249 | 88 | 96.4% | 3 |
| 2022 | $427,450 | $212 | 18 | 93.8% | 4 |
| 2021 | $415,000 | $214 | 5 | 100.0% | 5 |
| 2019 | $277,250 | $140 | 68 | 90.3% | 5 |
| 2018 | $274,960 | $158 | 7 | 96.4% | 4 |
| 2016 | $245,750 | $132 | 105 | 89.8% | 6 |
| 2014 | $256,575 | $130 | 63 | 94.7% | 4 |
| 2013 | $225,375 | $118 | 80 | 97.1% | 4 |
Over the recorded series, Mission Lake Villas’s median sold price moved from $225,375 (2013) to $448,000 (12 months ending 2026-09-20) — +99% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2013 at $225,375. The 2020–22 run-up did what it did everywhere — Mission Lake Villas’s median moved +54% from 2019 to 2022. Against the 2023 peak of $485,000, the current median stands at -8%. Annual sales volume here has ranged from 1 to 8 closings a year (10-yr average 3.5). With roughly 3.5 closings a year, Mission Lake Villas’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
Of the 12 recorded Mission Lake Villas closings since 2024, half landed between $424,000 and $467,750 (the middle two quartiles); the lowest recorded sale was $340,000 and the highest $535,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $425,000 | 3 (25%) | |
| $425,000 – $450,000 | 4 (33%) | |
| $450,000 – $475,000 | 3 (25%) | |
| $475,000 – $500,000 | 0 (0%) | |
| None and up | 2 (17%) |
From the live MLS feed as of 2026-10-01: The homes listed or recently sold were built between 1992 and 1997 (median 1994); 11 of 11 listed or recently sold homes report an HOA, median $150/mo; 4 of 11 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 34 ft; the features listings here most often name are Maintenance Grounds, Management - Off Site, Management - On Site, Other and Security System Owned. See the current Mission Lake Villas listings →
At Mission Lake Villas’s $448,000 median and Brevard County’s adopted 15.6 mills (FY2025-26), a home assessed at that price carries roughly $6,990 a year in property tax before exemptions, or about $6,370 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Brevard County tax page.
Current asking prices run a median $442,000 against the $448,000 recorded sold median (-1%) — the gap between what sellers hope and what the record shows. The market is carrying about 3 months of supply at the current sales pace. Demand check: 50% of Mission Lake Villas’s listings are under contract, against 34% for ZIP 32940 and 26% for Brevard County as a whole — the community is absorbing faster than its surroundings.
Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a Mission Lake Villas buyer will actually pay; the spread on any single home comes down to size, condition and timing.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Mission Lake Villas are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Suntree | $481,000 | $246 | 63 | 15 |
| Suntree Lakes Ph Ii | $441,250 | $218 | 118 | 4 |
| Cypress Cove At Suntree A Condo | $172,500 | $188 | 68 | 12 |
| Magnolia Pointe | $348,000 | $201 | 52 | 7 |
More Mission Lake Villas: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on information from the Space Coast MLS for the period 2005 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.