Crane Creek
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
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of September 2026, the MLS records 62 closed sales in Crane Creek Unit 2 Phases 1 And 2 in Melbourne, FL since 2004, the most recent in October 2025. Recorded prices since 2024 ran from $375,000 to $525,000 (median $405,000), on homes of 1,436 to 2,134 sq ft. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,320 ($5,700 with the full homestead exemption).
| Location | Melbourne, Brevard County, FL · ZIP 32940 |
|---|---|
| Homes in the community | 307 (FL DOR 2025 assessment roll) |
| Years built | 1989–2003 (median 1995.0) |
| Typical living area | 2,466 sq ft (median) |
| Amenities listed by sellers | Closed Circuit Camera(s), Other, Park, Playground |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 73% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Crane Creek Unit 2 Phases 1 And 2 key facts,” movewithmomentum.com/neighborhoods/crane-creek-unit-2-phases-1-and-2, data as of September 20, 2026.
Crane Creek Unit 2 sits in Melbourne with a median around $405,000 and a median price per square foot near $236. That combination tells you the number here is driven more by condition, size, and lot than by any single price band — expect a real spread depending on what a given home has behind the walls and how it shows.
With a median of 23 days on market, homes here move at a healthy but not frantic pace. For sellers, that means a well-prepared listing gets attention quickly; for buyers, it means you have a little room to evaluate but not much to sit and wait. The closing count in the recent window is thin, so read the median as a directional signal, not a precise metronome.
Nearby homes for sale
No active listings inside Crane CreekHomes 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
This is an established Melbourne pocket in Brevard County where value tracks the individual home rather than shared amenities. Price the house on its own merits — square footage, updates, and condition do the heavy lifting here.
Space Coast MLS sales records identify 229 homes in Crane Creek that have changed hands since 2004, built between 1990 and 2002 (median 1998), with a median living area of about 1,860 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 23 qualified sales in Crane Creek across 2024–2025 (9 in 2024, 14 in 2025), median $387,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Crane Creek is best for.
Best for
- Buyers targeting the low-$400s who will assess each home's condition and updates on their own merits
- Sellers with an updated or well-kept home who want to capitalize on quick market absorption
- Buyers who value location and the house itself over shared community facilities
Probably not for
- Buyers who require a pool, clubhouse, or other shared amenities as part of the purchase
- Buyers who want a deep bench of recent sales to validate a precise price
- Buyers expecting a fixed entry price rather than a condition-driven range
The market around Crane Creek
Crane Creek is too small for its own price trend, so here is the market around it.
In ZIP 32940, 418 homes are on the market and 34% are under contract — a fast-moving corner of Melbourne.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
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.
ZIP and county figures describe the wider market, not Crane Creek specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Crane Creek Unit 2 Phases 1 And 2, 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 September 2026 through September 2026. Deemed reliable but not guaranteed.
The Crane Creek buying strategy.
If we were buying in Crane Creek 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 Crane Creek.
What actually moves the number here
No community amenities surface in the current MLS listings, so you are buying the house and the location, not a bundle of shared perks. That keeps the math straightforward: the median near $405,000 and roughly $236 per square foot are functions of the homes themselves. Updated interiors and larger footprints push above the middle; deferred maintenance pulls below it.
Because the recent closing volume is small, individual sales carry outsized weight in the statistics. Anyone pricing a listing or writing an offer should lean on the specific comparable — the exact home, its condition, its lot — rather than treating the median as a firm ceiling or floor. The 23-day median suggests correctly priced homes don't linger.
The location and the amenities are priced into every listing in Crane Creek. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a pocket with thin closing volume and no amenity story to lean on, the right price comes from reading each home against a genuinely comparable one. We do that work directly — measuring condition, updates, and footprint against the median rather than guessing from a headline number — so sellers don't leave money on the table and buyers don't overpay for a home that only looks like its neighbor on paper.
Crane Creek in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $16/month · median of 11 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $16 per month — the median AssociationFee across 11 MLS records, normalised to a monthly figure; most are billed annually. 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.
Tools for a Crane Creek 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 Crane Creek sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Crane Creek, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Crane Creek home worth?
Get a no-obligation home value based on real comparable sales in Crane Creek, 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
How many homes are in Crane Creek?
What share of Crane Creek is owner-occupied?
When were the homes in Crane Creek built?
Who is the best real estate agent for Crane Creek?
How do I find a top Melbourne real estate agent who knows Crane Creek?
Can Momentum Realty connect me with an agent for Crane Creek?
Where is Crane Creek, and what county is it in?
Should you buy in Crane Creek?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 22, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32940)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (62 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 Crane Creek Unit 2 Phases 1 And 2 fits the bigger picture — live prices, inventory, and Momentum Scores:
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