City Acres
Homes for Sale in Melbourne, FL
All 714 homes for sale in Melbourne, FL · median $398,500 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-07-15, 6 recorded sales closed at a median of $431,950, $217 per square foot, a median 40 days on market, sellers accepting 97% of original asking. At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,740 ($6,120 with the full homestead exemption).
City Acres is a small pocket of Melbourne where price is driven by the individual home more than by any shared community feature. With a median around $431,950 and a median of roughly $217 per square foot, condition and layout are doing the heavy lifting here — there are no amenities in the current MLS data to prop up value, so what you pay tracks closely to what a specific house offers.
The market posture is measured, not frantic. A median of about 40 days on market means well-priced, move-in-ready homes trade in a reasonable window, while anything overpriced or needing work will sit. For buyers, that leaves room to be selective. For sellers, it means pricing to the median and presenting clean beats chasing an aspirational number.
Nearby homes for sale
No active listings inside City Acres Addn No 2 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 July 15, 2026): the median sale price is about $432K ($217 per sq ft over the trailing 12 months of closed sales), and a median 41 days on market for closed sales.
This is a modest, individual-home submarket within Melbourne rather than a master-planned community — value comes from the house itself and its Brevard location, not from shared facilities.
Who City Acres is best for.
Best for
- Buyers targeting a median-priced Melbourne home around the low-to-mid $400s who value the house over shared facilities
- Value-focused buyers willing to trade cosmetic updates for a better per-square-foot basis
- Patient buyers comfortable with a roughly 40-day market that rewards selectivity
Probably not for
- Buyers who want pools, gates, or a clubhouse — none are identified here
- Buyers who need certainty from deep sales data, given the small number of recent closings
- Sellers expecting a fast, above-median sale without pricing and presenting to the market
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($432K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (6 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 %s through %s. Deemed reliable but not guaranteed.
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 house-by-house market
With no community amenities identified in current listings, there is nothing here to standardize prices — no pool, gate, or clubhouse to set a floor. That widens the practical spread between a dated home and an updated one at the same square footage, which is why the per-square-foot figure of about $217 is best read as a midpoint, not a rule.
The closings picture is thin — this is a small enough segment that a single sale moves the median. Treat the numbers as directional rather than precise, and weigh individual comparable sales heavily when you evaluate any specific property.
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.
Why work with Momentum here
In a small submarket where a handful of sales set the median and condition dictates price, you need someone who reads the specific comps rather than the headline number. We price and negotiate off the individual home in front of us, tell you plainly when a listing is stretched, and keep you grounded on a median-based value in a market where averages can mislead.
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.
See homes for sale in City Acres on the map →
Frequently Asked Questions
What is the median home price in City Acres?
How long do homes in City Acres take to sell?
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?
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 July 15, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2005 (29 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 your area comps.
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More Melbourne & Space Coast / Brevard County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.
See how City Acres fits the bigger picture — live prices, inventory, and Momentum Scores:
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