Forest Creek in Melbourne

Forest Creek
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County · ZIP 32901
126 homesBuilt 1998–2003Median sale $434K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
17/100
Market Heat
Cooler than normal
2014 → 2026 · 89 at the 2021 peak
0 is Forest Creek's coldest market since 2014, 100 its hottest. Today: 17. How it's scored

Photo via Space Coast MLS

Built fromLive Space Coast MLS data22 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-12, 8 recorded sales closed at a median of $434,500, $208 per square foot, a median 91 days on market, sellers accepting 91% of original asking (-2% versus the prior year). Homes listed or recently sold were built 1999–2002; 10 of 10 report an HOA (median $44/mo); 1 of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 23 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,780 ($6,160 with the full homestead exemption).

Live · Forest Creek Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$434K
Median sold · 12 mo
down 2.4% vs the prior 12 months
-2.4%
1-yr price change
n = 8 and 7 sales in the two windows
$208/sf
Sold $/sqft · 12 mo
peak $263 in 2023
90.9%
Sale vs ask
Brevard median: 95.6%
Tempo
92days
Median DOM · closed
3 days at the 2021 low
100%
Under contract
Brevard: 27% (1,495 of 5,582)
0 · 2
For sale · pending
live counts, refreshed twice daily
8
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
87%
Owner-occupied · Forest Creek
110 of 126 parcels homesteaded (FL DOR 2025)
13%
Non-owner-occupied · Forest Creek
incl. 6% trust or LLC-held · 2% out-of-state
126
Homes in the community
126 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1998
Community established
homes built 1998-2003, median 2000 (FL DOR 2025)
2,108sqft
Median sold home size
12-mo windows, closed sales
6.3%/yr
Turnover rate
about 8 of 126 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

In Forest Creek, price is doing most of its work off condition and square footage rather than shared amenities — the current MLS pull shows nothing communal driving value here. At a median of $432,000 and roughly $222 per square foot, you're paying for the house and the lot, so the spread between a dated interior and an updated one is where negotiation actually happens.

The posture right now is balanced-to-cool. A market heat score of 37 and a median 35 days on market mean homes are moving, but not on a stopwatch. Sellers who price to the comps and present the home in show-ready condition will transact; those who reach past the median should expect to sit. Buyers have room to inspect, negotiate, and walk without the panic of a bidding war.

Forest Creek Housing Pulse · Momentum Research · as of September 12, 2026

Forest Creek right now

🟡 Off the recent peak. The trailing-12-month median ($434K) is down 2.4% from the prior 12 months ($445K). With about 6 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 12. Confidence: Medium (8 and 7 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Forest Creek market snapshot (as of September 12, 2026): the median sale price is about $434K ($208 per sq ft over the trailing 12 months of closed sales), and a median 92 days on market for closed sales. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level Space Coast MLS closed sales (8 closings in the current window).

Forest Creek is a community of 126 homes in Melbourne, Brevard County, built between 1998 and 2003 (median 2000.0), with a median living area of about 3,014 square feet. 87% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Forest Creek is a straightforward single-family pocket in Melbourne where the home itself — not a clubhouse or gated entry — carries the value. Pricing is condition-driven, and the market is moving at a measured, negotiable pace.

Best for

  • Buyers around the mid-$400s who want a single-family home and would rather not pay for shared amenities
  • Value hunters willing to buy a dated home and put renovation dollars toward equity
  • Move-up buyers who value negotiating room and a measured pace over a fast, competitive market

Probably not for

  • Buyers who want a gated or amenity-rich community with a clubhouse or shared facilities
  • Investors underwriting on aggressive near-term appreciation rather than steady, incremental gains
  • Buyers who need a deep pool of recent comps to feel confident on price

Windows contain 2 to 12 sales each (8 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.

Median sale price · trailing 12 mo
$200K$300K$400K$500K20122014201620182020202220242026
Down 2.4% year over year.
Every sale since 2004 · price vs size
$0$200K$400K2k2k2k3k
148 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$25020122014201620182020202220242026
Up from $103 in 2012 to a $263 peak in 2023; $208 now.
Median days on market · closed sales
05010020122014201620182020202220242026
3 days at the 2021 low; 92 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
90.9% now vs Brevard 95.6%.
Homes sold per 12-mo window
051020122014201620182020202220242026
2 to 12 a year; 8 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
89 at the 2021 peak, 17 in the troughs, 17 now. Same score as the hero card, full history.
How much local inventory is already under contract

22% of homes for sale in ZIP 32901 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 (2026-09-12).

Forest Creek Market Scorecard

Balanced

Forest Creek is currently a balanced market..

$434,500
Median sold
0/2/8
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Forest Creek

Live MLS inventory for Forest Creek. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Forest Creek listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period 2004 through 2026. Tap any home to ask about it.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • University Park · Elementary
  • Stone · Middle
  • Melbourne · High

Zoned schools reflect the assignments reported on recent Forest Creek listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Forest Creek address.

If we were buying in Forest Creek 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 Forest Creek.

Best Buy
Buyers who want a standalone home without HOA amenities or fees baked into the price.
Biggest Risk
A thin comp set of only eight recent closings makes precise pricing harder.
Sweet Spot
A well-updated home priced at or near the median that shows clean.
Avoid If
You're counting on the rapid appreciation of the last decade to continue.

A condition-priced subdivision

The long arc here is steady: values are up about 116% since 2012, with a more modest 2.9% over the past year. That deceleration is the story — the big appreciation is behind this cycle, and recent movement is incremental. Read the year-over-year number as a signal to underwrite on today's fundamentals, not on a bet that last decade repeats.

With no amenities identified from current listings, there's no HOA-driven lifestyle premium to price around, which tends to keep the math clean. The trade-off is that price separation comes down to updates, layout, and lot. The eight closings in this window is a thin sample, so treat any single comp with caution and lean on condition-by-condition comparison rather than a blunt price-per-foot average.

The location and the amenities are priced into every listing in Forest Creek. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.0C+ · Buy Score
Recent Direction5.4/10
Owner Commitment8.7/10
Pricing Power3.9/10

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 3 factors (6.0). Basis: Recent Direction -2.4% year-over-year; Owner Commitment 87% owner-occupied; Pricing Power 90.9% sale-to-list. Refreshed with each data update.

Why work with Momentum here

A thin closing window and condition-driven pricing are exactly where a careless comp analysis costs you real money. We read Forest Creek listing-by-listing — grading updates, layout, and lot against the median rather than trusting a blanket per-foot figure — so buyers don't overpay for cosmetics and sellers don't leave value on the table by mispricing a well-kept home.

Forest Creek in 15 seconds.

Best forBuyers who want a standalone home without HOA amenities or fees baked into the price.
Biggest advantageA balanced market that leaves room to inspect and negotiate.
Biggest riskA thin comp set of only eight recent closings makes precise pricing harder.
Sweet spotA well-updated home priced at or near the median that shows clean.
Avoid ifYou're counting on the rapid appreciation of the last decade to continue.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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

What is your Forest Creek home worth?

Get a no-obligation home value based on real comparable sales in Forest 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.

See all homes for sale in Melbourne →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Forest Creek?
The median sale price in Forest Creek was $434K over the 12 months ending September 12, 2026 (8 closed sales, Space Coast MLS).
How long do homes in Forest Creek take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 92 days on market (8 sales, Space Coast MLS).
How many homes are in Forest Creek?
The Florida DOR 2025 assessment roll shows 126 homes in Forest Creek (public records).
What share of Forest Creek is owner-occupied?
87% of Forest Creek parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Forest Creek built?
Homes in Forest Creek were built between 1998 and 2003, with a median year built of 2000.0 (FL DOR 2025 roll).
Who is the best real estate agent for Forest Creek?
The best agent for Forest Creek 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 Forest Creek.
How do I find a top Melbourne real estate agent who knows Forest Creek?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Forest Creek and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Forest Creek?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Forest Creek purchase or sale - no call center and no pressure.
Buyers around the mid-$400s who want a single-family home and would rather not pay for shared amenitiesExcellent fit
Value hunters willing to buy a dated home and put renovation dollars toward equityExcellent fit
Move-up buyers who value negotiating room and a measured pace over a fast, competitive marketExcellent fit
Buyers who want a gated or amenity-rich community with a clubhouse or shared facilitiesProbably not
Investors underwriting on aggressive near-term appreciation rather than steady, incremental gainsProbably not
Buyers who need a deep pool of recent comps to feel confident on priceProbably not

Nearby Communities

Explore more neighborhoods near Forest Creek with Momentum Realty’s local guides.

HEHighland Estates Melbourne0.4 mi awayFMFairmont Melbourne0.4 mi awayBABel Aire Palms Melbourne0.5 mi awayGolf Park Subd Melbourne0.5 mi awayWWWhispering Winds Melbourne0.6 mi awayPGPalm Gardens Townhomes Palm Bay0.6 mi awayGolf Club Estates Melbourne0.7 mi awayFLFeather Lakes Melbourne0.7 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 12, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 12, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32901))
Under-contract sharesSpace Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2004 (148 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.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in Forest Creek Subdivision? 8 recorded closings; median 91 days on market (window ending 2026-09-12). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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