Clements Wood Melbourne
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.

Clements Wood Melbourne runs on condition and lot. With homes spanning five decades - from 1972 through 2023 - the median year built sits at 1980, which means the bulk of inventory is mature construction. Buyers price accordingly: a renovated ranch on a large lot will command significantly more than an original-condition split-plan. At 1,920 square feet median, these are practical single-family homes, not estate properties.
Supply is bone-dry right now - one active listing against 217 homes yields 1.1 months of inventory, a hard seller's market. If you're buying, expect limited choice and rapid decisions. If you're selling, this is your window, but price still has to match condition; even in tight supply, Melbourne buyers won't overpay for deferred maintenance.
Clements Wood Melbourne right now
🔴 Seller-leaning market. 1.1 months of supply and 67% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of July 15, 2026. Confidence: Low (3 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The setting & the homes.
Aerial and on-site photos of Clements Wood Melbourne. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Space Coast MLS listings in Clements Wood Melbourne; content deemed reliable but not guaranteed.
Who Clements Wood Melbourne is best for.
Best for
- Buyers with cash or pre-approval who can move within a week when inventory appears and who value lot size over granite counters.
- Owners looking to sell a well-maintained home into a supply-starved market with minimal days-on-market risk.
- Investors or flippers with renovation experience who can model repair costs accurately and aren't deterred by older systems.
Probably not for
- First-time buyers who need time to compare multiple listings or who want move-in-ready condition without sweat equity.
- Buyers seeking a master-planned community with pools, clubhouses, or extensive recreational amenities.
- Anyone requiring a specific closing timeline or contingent on selling another property - this market waits for no one.
The market around Clements Wood Melbourne
Clements Wood Melbourne is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Clements Wood Melbourne specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Clements Wood Melbourne, Melbourne
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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 August 2026 through August 2026. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.
Clements Wood Melbourne on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Clements Wood Melbourne
- Park · reported on 1 of 5 listings
- Playground · reported on 1 of 5 listings
Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Recent Developments in Clements Wood
Development, infrastructure, retail, and school activity affecting Clements Wood, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 14 miles north of Clements Wood, elsewhere in Brevard County.
Source: Viera - June 2026Development
Proposed Brevard County USL soccer stadium would anchor new mixed-use development
Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.
What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The site is about 3 miles north of Clements Wood.
Source: FOX 35 Orlando - June 2026Development
West Melbourne's Space Coast Town Center Expands
The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.
What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The site is about 3 miles northwest of Clements Wood.
Source: WFTV - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 14 miles north of Clements Wood, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 3 miles north of Clements Wood, elsewhere in Brevard County.
Source: CFL Roads (FDOT) - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 23 miles north of Clements Wood, elsewhere in Brevard County.
Source: Homes.com News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Clements Wood Melbourne buying strategy.
If we were buying in Clements Wood Melbourne 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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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 Clements Wood Melbourne.
Five decades, one community
Clements Wood Melbourne is not a single vintage. Construction began in the early seventies and continued intermittently through 2023, creating a neighborhood where a 1972 block ranch might sit two streets over from a 2020s build. The median year of 1980 tells you most of the stock is original or lightly updated; square footage clusters around 1,920 square feet - big enough for function, not luxury.
Roughly two-thirds of owners homestead here, a signal of stability but also an inventory constraint when supply tightens this much. The community offers a park and playground; verify current access and any fees with the HOA before you commit.
Location is Melbourne proper in Brevard County - Space Coast access, reasonable commute to the beaches, and a market that moves on fundamentals rather than resort premiums. You're buying house and dirt, not a resort lifestyle or new-build warranty. If that trade-off works for your budget and timeline, Clements Wood Melbourne delivers.
The location and the amenities are priced into every listing in Clements Wood Melbourne. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a one-listing market, you need an agent who knows which off-market conversations to have and which condition red-flags will cost you more than the discount. Momentum brokers live in these Brevard comps daily; we'll tell you when a home's deferred maintenance makes it a project, not a deal, and we'll help you move decisively when the right property appears. We also work the sell side with the same honesty - if your home needs work to hit the number you want, we'll say so before you list.
Clements Wood Melbourne in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA - confirm current dues
- 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 Clements Wood Melbourne 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 Clements Wood Melbourne sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Clements Wood Melbourne, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Clements Wood Melbourne home worth?
Get a no-obligation home value based on real comparable sales in Clements Wood Melbourne, 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 Clements Wood Melbourne on the map →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Clements Wood Market Scorecard
Clements Wood is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32904 ZIP is $379,861, about 12.6% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Based on information from the Space Coast MLS for the period 2026 through 2026-08-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Clements Wood Melbourne a buyer's or seller's market right now?
How many homes are in Clements Wood Melbourne?
What share of Clements Wood Melbourne is owner-occupied?
When were the homes in Clements Wood Melbourne built?
Who is the best real estate agent for Clements Wood Melbourne?
How do I find a top Melbourne real estate agent who knows Clements Wood Melbourne?
Can Momentum Realty connect me with an agent for Clements Wood Melbourne?
Should you buy in Clements Wood Melbourne?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Clements Wood Melbourne with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
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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