City Acres
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.
Market Heat
Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $455,000, $205 per square foot, a median 35 days on market, sellers accepting 96% of original asking (+9% versus the prior year). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,100 ($6,480 with the full homestead exemption).
| Location | Melbourne, Brevard County, FL · ZIP 32904 |
|---|---|
| Homes in the community | 387 (FL DOR 2025 assessment roll) |
| Years built | 1943–2024 (median 1979.0) |
| Typical living area | 2,429 sq ft (median) |
| Sale prices, last 12 months | $455,000 median across 3 closed sales · $205 per sq ft · +9.0% vs the prior 12 months |
| Days on market (closed sales) | 35 median |
| Owner-occupied (homestead) share | 75% |
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, “City Acres key facts,” movewithmomentum.com/neighborhoods/city-acres, data as of September 20, 2026.
City Acres is a small-sample market in Melbourne, and the thin closings window means individual sales swing the numbers hard. Price here is driven far more by the condition and specifics of each home than by any tidy neighborhood tier — with a median of $433,900 and $223.21 per square foot, what you pay tracks the house in front of you, not a formula.
The posture is moderate. A market heat score of 48 and a median of 35 days on market say listings move at a workable pace without the frenzy that erases negotiating room. Sellers should price to the property, not to the headline year-over-year number; buyers have time to inspect and think, but not to stall on a well-prepared home.
City Acres right now
🟢 Still climbing. The trailing-12-month median ($455K) is up 9.0% from the prior 12 months ($418K) and up 1200% since 2012. With about 4 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 8 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 City AcresHomes for Sale in Melbourne, FL 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
City Acres market snapshot (as of September 20, 2026): the median sale price is about $455K ($205 per sq ft over the trailing 12 months of closed sales), and a median 35 days on market for closed sales. The trailing-12-month median is up 9% from the prior 12 months and up 1200% since 2012, computed from record-level Space Coast MLS closed sales (3 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 18 qualified sales in City Acres across 2024–2025 (14 in 2024, 4 in 2025), median $345,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
City Acres is a community of 387 homes in Melbourne, Brevard County, built between 1943 and 2024 (median 1979.0), with a median living area of about 2,429 square feet. 75% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
City Acres is a modest Melbourne pocket where the MLS shows no shared amenities, so value lives entirely in the individual home and its lot. Read the recent price momentum with caution — a small number of closings can move these figures sharply in either direction.
Who City Acres is best for.
Best for
- Buyers targeting the mid-$400s who care about the house itself over community extras
- Owner-occupants comfortable inspecting closely and moving decisively at a moderate pace
- Sellers with a well-prepared home willing to price to the property rather than the headline growth number
Probably not for
- Buyers who want HOA amenities, a pool, or shared common areas
- Investors who need a deep pool of recent comps to underwrite with confidence
- Anyone counting on the year-over-year figure to repeat on their own resale
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 ($455K) IS the median in the snapshot above, and the move from 2025 ($418K) IS the +9.0% one-year change.
Windows contain 2 to 9 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 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).
The City Acres buying strategy.
If we were buying in City Acres 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 City Acres.
A thin-sample market that rewards homework
The standout data point is momentum: prices are up 60.7% year over year and roughly elevenfold since 2012. Those are real figures, but with only seven closings in the window they carry a wide margin — one or two atypical sales can distort the trend. Treat them as a signal that this area has moved, not as a promise about your specific transaction.
With no community amenities identified from current listings, there are no HOA-driven perks or fees shaping the picture. That puts the burden on the home itself: square footage, updates, and lot. At $223.21 per square foot the pricing is condition-sensitive, so a careful comparison of what each listing actually offers matters more here than in an amenity-heavy community.
The location and the amenities are priced into every listing in City Acres. 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 City Acres 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 4 factors (8.2). Basis: Long-Term Appreciation +1200% since 2012; Recent Direction +9.0% year-over-year; Owner Commitment 75% owner-occupied; Pricing Power 95.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Small-sample markets are where a local read earns its keep. We pull apart the handful of recent closings to tell you which are true comps and which are noise, so you are pricing or offering on the actual home in front of you — not a volatile headline percentage.
City Acres 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 City Acres 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 City Acres sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in City Acres, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your City Acres home worth?
Get a no-obligation home value based on real comparable sales in City Acres, 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 City Acres?
How long do homes in City Acres take to sell?
How many homes are in City Acres?
What share of City Acres is owner-occupied?
When were the homes in City Acres built?
Have City Acres home prices gone up?
Who is the best real estate agent for City Acres?
How do I find a top Melbourne real estate agent who knows City Acres?
Can Momentum Realty connect me with an agent for City Acres?
Where is City Acres, and what county is it in?
Should you buy in City Acres?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| 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 (9 streets, ZIP 32904)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (89 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 City Acres fits the bigger picture — live prices, inventory, and Momentum Scores:
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