Momentum Housing Data · Home Values · Brevard County
Every figure below is from recorded MLS closings in South Oaks (Melbourne, FL) — not an algorithm’s estimate. Medians, the 15-year price history, market time, and what the record says about selling here now. Window ending 2026-07-15; refreshes as new closings record.
In the current window, sellers accepted a median 94.7% of original asking; the median sale took 39 days (window ending 2026-07-15).
| Year | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| 2026 | $289,000 | $220 | 39 | 19 |
| 2025 | $308,450 | $229 | 27 | 14 |
| 2024 | $309,000 | $218 | 31 | 7 |
| 2023 | $294,950 | $209 | 15 | 20 |
| 2022 | $299,900 | $223 | 9 | 11 |
| 2021 | $210,000 | $148 | 13 | 12 |
| 2020 | $205,000 | $144 | 14 | 13 |
| 2019 | $173,700 | $134 | 14 | 13 |
| 2018 | $167,500 | $129 | 34 | 8 |
| 2017 | $148,400 | $121 | 2 | 7 |
| 2016 | $131,500 | $102 | 24 | 16 |
| 2015 | $127,000 | $102 | 20 | 18 |
| 2014 | $123,750 | $88 | 39 | 10 |
| 2013 | $100,453 | $83 | 29 | 9 |
| 2012 | $96,500 | $74 | 47 | 11 |
Over the recorded series, South Oaks’s median sold price moved from $96,500 (2012) to $289,000 (12 months ending 2026-07-15) — +199% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $96,500. The 2020–22 run-up did what it did everywhere — South Oaks’s median moved +73% from 2019 to 2022. Against the 2024 peak of $309,000, the current median stands at -6%. Annual sales volume here has ranged from 7 to 20 closings a year (10-yr average 12.4). Small-community 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 in the table above.
Momentum’s market-heat index for South Oaks reads 14/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.
The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum 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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More South Oaks: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs
Based on information from the Space Coast MLS for the period %s through %s. 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