Chelford in Melbourne

Chelford
Homes for Sale in Melbourne, FL

All 711 homes for sale in Melbourne, FL · median $399,000 · 270 homes for sale in 32940 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32940
111 homesBuilt 2009–2013Median sale $730K
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Live Market Pulse
9/100
Market Heat
Cooler than normal
2013 → 2026 · 89 at the 2022 peak
0 is Chelford's coldest market since 2013, 100 its hottest. Today: 9. How it's scored

Photo via Space Coast MLS

Built fromLive Space Coast MLS data17 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $730,000, $256 per square foot, a median 92 days on market, sellers accepting 94% of original asking (-8% versus the prior year). Homes listed or recently sold were built 2010–2012; 4 of 4 report an HOA (median $108/mo). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $11,390 ($10,770 with the full homestead exemption).

Chelford Subdivision key facts
LocationMelbourne, Brevard County, FL · ZIP 32940
Homes in the community111 (FL DOR 2025 assessment roll)
Years built2009–2013 (median 2011)
Typical living area3,819 sq ft (median)
Amenities listed by sellersGated, Playground, Tennis Court(s), Jogging Path, Park, Security Gate
Sale prices, last 12 months$730,000 median across 3 closed sales · $256 per sq ft · -7.8% vs the prior 12 months
Days on market (closed sales)92 median
For sale right now0 active, 2 pending
Owner-occupied (homestead) share86%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2009 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Chelford Subdivision key facts,” movewithmomentum.com/neighborhoods/chelford-subdivision, data as of September 20, 2026.

Live · Chelford Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$730K ▼
Median sold · 12 mo
down 7.8% vs the prior 12 months
-7.8% ▼
1-yr price change
n = 3 and 6 sales in the two windows
$256/sf
Sold $/sqft · 12 mo
peak $265 in 2023
94.2%
Sale vs ask
+118%
T12M median vs 2012
from a $335K median in 2012
Tempo
92days
Median DOM · closed
4 days at the 2013 low
100%
Under contract
Brevard: 26% (1,477 of 5,609)
0 · 2
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
86%
Owner-occupied · Chelford
96 of 111 parcels homesteaded (FL DOR 2025)
14%
Non-owner-occupied · Chelford
incl. 4% trust or LLC-held · 2% out-of-state
111
Homes in the community
111 residential parcels (FL DOR 2025)
Track record · 17 years of records
7
Recorded sales · 2024-2025
median $785K · qualified sales on the county roll (FL DOR 2025)
Est. 2009
Community established
homes built 2009-2013, median 2011 (FL DOR 2025)
2,919sqft
Median sold home size
12-mo windows, closed sales
2.7%/yr
Turnover rate
about 3 of 111 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Chelford is driven by the individual home, not by shared amenities — there are none identified from current MLS listings. At a median of $735,000 and roughly $252 per square foot, condition, lot, and finish do the heavy lifting here. Expect a wide spread around that median, because what you're paying for is the specific house rather than a community package.

The market posture is mixed and worth reading carefully. The median home is sitting about 92 days on market, and prices are down 7.8% year over year, yet the heat score reads high at 9 out of 10. That combination — high demand indicator alongside a slower time-to-sale and a softening year — tells sellers to price to the current reality and buyers that there is room to negotiate on homes that have lingered.

Chelford Housing Pulse · Momentum Research · as of September 20, 2026

Chelford right now

🟡 Off the recent peak. The trailing-12-month median ($730K) is down 7.8% from the prior 12 months ($792K) and up 118% since 2012. With about 6 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 (3 and 6 sales in the two windows).

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

· Updated September 25, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Chelford market snapshot (as of September 20, 2026): the median sale price is about $730K ($256 per sq ft over the trailing 12 months of closed sales), and a median 92 days on market for closed sales. The trailing-12-month median is down 8% from the prior 12 months and up 118% since 2012, computed from record-level Space Coast MLS closed sales (3 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 7 qualified sales in Chelford across 2024–2025 (3 in 2024, 4 in 2025), median $785,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Chelford is a community of 111 homes in Melbourne, Brevard County, built between 2009 and 2013 (median 2011), with a median living area of about 3,819 square feet. 86% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Chelford is a home-by-home market in Melbourne with no shared amenities to lean on, so value tracks condition and lot more than any community feature. The long arc has been strong — up 178% since 2012 — but the last year has cooled.

Best for

  • Buyers with a budget around the mid-$700s who want a specific house rather than a community package
  • Patient buyers willing to negotiate on homes that have sat past the 90-day mark
  • Long-hold buyers comfortable with a market that has climbed 178% since 2012 but cooled this year

Probably not for

  • Buyers who want shared amenities — none are identified from current MLS listings
  • Sellers needing a quick sale, given a median time on market just over three months
  • Buyers wanting precise price certainty in a market with only five recent closings

Windows contain 1 to 11 sales each (3 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 2009 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$400K$600K$800K20122014201620182020202220242026
Down 7.8% year over year; up 118% since 2012.
Every sale since 2009 · price vs size
$0$250K$500K$750K2k3k
122 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$25020122014201620182020202220242026
Up from $119 in 2012 to a $265 peak in 2023; $256 now.
Median days on market · closed sales
05010020122014201620182020202220242026
4 days at the 2013 low; 92 now.
Sale price vs original ask · median
95%98%100%102%20122014201620182020202220242026
94.2% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
1 to 11 a year; 3 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202020222026
89 at the 2022 peak, 9 in the troughs, 9 now. Same score as the hero card, full history.
How much local inventory is already under contract

33% 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 (2026-09-25).

Chelford Market Scorecard

Balanced

Chelford is currently a balanced market..

$730,000
Median sold
0/2/2
Active/Pend/Sold

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 Chelford Subdivision, Melbourne

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 2 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-09-19)

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.

Homes For Sale Right Now in Chelford

Live MLS inventory for Chelford. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Chelford listings as of 2026-09-22, priced high to low. Based on information from the Space Coast MLS for the period 2009 through 2026. Tap any home to ask about it.

Every Home for Sale in Chelford Subdivision Right Now (2)

All 2 active and pending Chelford Subdivision listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 3517 Hollisten Circle · $815,900 · 4 bd / 2.5 ba · pending · listed Jun 26, 2026 · listed by Florida Homes Rlty. & Mtg. LLC
  • 3536 Ayrshire Circle · $865,000 · 4 bd / 3 ba · pending · listed Jun 26, 2026 · listed by Compass Florida, LLC

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Manatee · Elementary
  • Kennedy · Middle
  • Viera · High

Zoned schools reflect the assignments reported on recent Chelford listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Chelford address.

If we were buying in Chelford 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 Chelford.

Best Buy
Buyers targeting a specific single home on its own merits rather than a community amenity package.
Biggest Risk
A thin sample of five closings makes the median a directional guide, not a guarantee.
Sweet Spot
A well-maintained home priced honestly to the current, cooler year.
Avoid If
You need amenities or a fast, predictable resale timeline.

Reading a slow but hot market

The tension in Chelford's numbers is the story. A high heat score usually points to fast movement, but the median days on market is just over three months and the year-over-year change is negative at 7.8%. That means demand is real, but buyers are disciplined — well-priced, move-in-ready homes get attention while anything overpriced or needing work waits.

The closings sample here is thin — only five in the window — so treat the median as a directional read rather than a precise gauge. With no amenity story to standardize value, each sale is its own negotiation. The since-2012 gain of 178% shows the neighborhood's long-term trajectory, but it does not insulate a seller from pricing correctly today.

“

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

Jon Brooks · Founder, Momentum Realty
6.6B- · Buy Score
Long-Term Appreciation7.7/10
Recent Direction4.0/10
Owner Commitment8.7/10
Pricing Power6.1/10

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 (6.6). Basis: Long-Term Appreciation +118% since 2012; Recent Direction -7.8% year-over-year; Owner Commitment 86% owner-occupied; Pricing Power 94.2% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a low-volume market where five recent closings set the tone, the median only tells you so much. We price and negotiate off the specific home — its condition, lot, and finish — because that is what actually moves value in Chelford. For sellers, that means honest positioning against a softening year; for buyers, it means knowing which listings have real room and which are priced to move.

Chelford in 15 seconds.

Best forBuyers targeting a specific single home on its own merits rather than a community amenity package.
Biggest advantageA softening year and longer days on market give disciplined buyers negotiating room.
Biggest riskA thin sample of five closings makes the median a directional guide, not a guarantee.
Sweet spotA well-maintained home priced honestly to the current, cooler year.
Avoid ifYou need amenities or a fast, predictable resale timeline.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Chelford 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 Chelford.
In short
  • HOA dues reported around $108/month (about $1,296/yr) · median of 26 MLS listings, most billed twice a year
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $108 per month ($1,296 a year) — the median AssociationFee across 26 MLS records, normalised to a monthly figure; most are billed twice a year. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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 Chelford sales matched to your home.

What is your Chelford home worth?

Get a no-obligation home value based on real comparable sales in Chelford, 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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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Chelford?
The median sale price in Chelford was $730K over the 12 months ending September 20, 2026 (3 closed sales, Space Coast MLS).
How long do homes in Chelford take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 92 days on market (3 sales, Space Coast MLS).
How many homes are in Chelford?
The Florida DOR 2025 assessment roll shows 111 homes in Chelford (public records).
What share of Chelford is owner-occupied?
86% of Chelford parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Chelford built?
Homes in Chelford were built between 2009 and 2013, with a median year built of 2011 (FL DOR 2025 roll).
Have Chelford home prices gone up?
The trailing-12-month median is up 118% since 2012, from $335K to $730K (Space Coast MLS closed records).
Who is the best real estate agent for Chelford?
The best agent for Chelford 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 Chelford.
How do I find a top Melbourne real estate agent who knows Chelford?
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 Chelford and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Chelford?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Chelford purchase or sale - no call center and no pressure.
Where is Chelford, and what county is it in?
Chelford is in Melbourne, Brevard County, FL, ZIP 32940. The community's center is about 13 miles northwest of the center of Melbourne (straight-line).
Buyers with a budget around the mid-$700s who want a specific house rather than a community packageExcellent fit
Patient buyers willing to negotiate on homes that have sat past the 90-day markExcellent fit
Long-hold buyers comfortable with a market that has climbed 178% since 2012 but cooled this yearExcellent fit
Buyers who want shared amenities — none are identified from current MLS listingsProbably not
Sellers needing a quick sale, given a median time on market just over three monthsProbably not
Buyers wanting precise price certainty in a market with only five recent closingsProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 22, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 32940))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2009 (122 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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Nearby Communities

Explore more neighborhoods near Chelford with Momentum Realty’s local guides.

ELEason Landing0.3 mi away · median $775K, 3 sales/12 moGMGatwick Manor0.3 mi away · median $665K, 3 sales/12 moTTerramore0.5 mi away · median $750K, 3 sales/12 moLLevanto0.5 mi away · median $845K, 4 sales/12 moHIHeritage Isle0.5 mi awayDaintree0.5 mi away · 147 homes, built 2007–12, 1 for saleCCortona0.6 mi away · 77 homes, built 2008–17

Browse all neighborhood guides →

Thinking of selling in Chelford Subdivision? 3 recorded closings; median 92 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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