Coventry Subdivision Phase 3
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $407K
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Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · Coventry Subdivision Phase 3 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$407K
Median sold · 12 mo
$223/sf
Sold $/sqft · 12 mo
peak $230 in 2024
91.1%
Sale vs ask
Brevard median: 96.2%
Tempo
71days
Median DOM · closed
4 days at the 2024 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 21 years of records
1,880sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Coventry Subdivision Phase 3 is a small Melbourne pocket with no shared amenities pulling weight in the pricing, so what you pay tracks the house itself — square footage, condition, and finishes — rather than a clubhouse or gated entry. The median sits at $406,750, or roughly $223 per square foot, which tells you condition and size are doing the heavy lifting here.

With a median of 71 days on market, this is not a bidding-war environment; homes are taking well over two months to sell. That gives buyers room to inspect, negotiate, and walk away, and it tells sellers to price against the house across the street, not against last year's headlines.

The 60-Second Overview

Coventry Subdivision Phase 3 market snapshot (as of July 15, 2026): the median sale price is about $407K ($223 per sq ft over the trailing 12 months of closed sales), and a median 71 days on market for closed sales.

Coventry Subdivision Phase 3 is a compact residential enclave in Melbourne, Brevard County, where pricing is driven by the individual home rather than any community amenity package.

Best for

  • Buyers targeting the low-$400s who want to negotiate rather than compete
  • Those who value a home's condition and lot over shared amenities
  • Patient buyers comfortable with a market that moves in weeks, not days

Probably not for

  • Buyers who want amenity-rich, HOA-managed community perks
  • Anyone needing a fast, certain transaction in a high-turnover market
  • Buyers relying on abundant recent comps to feel confident on value

Windows contain 0 to 4 sales each (4 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.

Every sale since 2005 · price vs size
$0$200K$400K2k2k3k
31 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 4 in the current window.

If we were buying in Coventry Subdivision Phase 3 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 Coventry Subdivision Phase 3.

Best Buy
Buyers who want a Melbourne home judged on its own merits, with room to negotiate.
Biggest Risk
Thin sales volume makes valuation sensitive to a single outlier comp.
Sweet Spot
A well-maintained home priced honestly against the mid-$400s median.
Avoid If
You need community amenities like a pool, gate, or clubhouse.

A condition-driven market with time to think

The closing volume here is thin — only a handful of recent sales inform this snapshot — so treat every comp as a data point, not a trend. A single updated or dated home can swing the read, which is exactly why the median matters more than any one listing and why local eyes on the actual condition of each property are worth more than a spreadsheet.

With no identified community amenities, there are no HOA-driven perks or fees folding into value, and price differences come down to what a given home offers on its own lot. The 71-day median pace reinforces that: this is a market that rewards patience and punishes overpricing.

The location and the amenities are priced into every listing in Coventry Subdivision Phase 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-volume, condition-driven pocket like this, the wrong comp can cost you real money. We price and negotiate off the actual homes selling in and around Coventry Phase 3, factor in the slower 71-day pace, and tell you plainly when a listing is stretched or when it is worth moving on.

Coventry Subdivision Phase 3 in 15 seconds.

Best forBuyers who want a Melbourne home judged on its own merits, with room to negotiate.
Biggest advantageA slower pace means you can inspect and negotiate without pressure.
Biggest riskThin sales volume makes valuation sensitive to a single outlier comp.
Sweet spotA well-maintained home priced honestly against the mid-$400s median.
Avoid ifYou need community amenities like a pool, gate, or clubhouse.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Coventry Subdivision Phase 3 sales matched to your home.

What is your Coventry Subdivision Phase 3 home worth?

Get a no-obligation home value based on real comparable sales in Coventry Subdivision Phase 3, 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 Coventry Subdivision Phase 3?
The median sale price in Coventry Subdivision Phase 3 was $407K over the 12 months ending July 15, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Coventry Subdivision Phase 3 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 71 days on market (4 sales, Space Coast MLS).
Who is the best real estate agent for Coventry Subdivision Phase 3?
The best agent for Coventry Subdivision Phase 3 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 Coventry Subdivision Phase 3.
How do I find a top Melbourne real estate agent who knows Coventry Subdivision Phase 3?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Coventry Subdivision Phase 3 and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Coventry Subdivision Phase 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Coventry Subdivision Phase 3 purchase or sale - no call center and no pressure.
Buyers targeting the low-$400s who want to negotiate rather than competeExcellent fit
Those who value a home's condition and lot over shared amenitiesExcellent fit
Patient buyers comfortable with a market that moves in weeks, not daysExcellent fit
Buyers who want amenity-rich, HOA-managed community perksProbably not
Anyone needing a fast, certain transaction in a high-turnover marketProbably not
Buyers relying on abundant recent comps to feel confident on valueProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (31 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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