Forest Creek Subdivision Phase 2
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $405K
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Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Live · Forest Creek Subdivision Phase 2 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$405K
Median sold · 12 mo
$198/sf
Sold $/sqft · 12 mo
peak $198 in 2026
95.3%
Sale vs ask
Brevard median: 96.2%
Tempo
39days
Median DOM · closed
11 days at the 2017 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 22 years of records
2,022sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Forest Creek Subdivision Phase 2 sits in Melbourne with a median price of $405,000 and a median of about $198 per square foot. With no shared amenities pulling value one way or the other, price here is driven by the homes themselves — condition, finishes, and square footage do the heavy lifting, so expect a real spread around that median.

At a median of 39 days on market, this is a measured pace — neither a bidding-war environment nor a stalled one. Sellers should price to the home's actual condition rather than hope, and buyers have enough time to inspect and negotiate without the pressure of a same-week decision.

The 60-Second Overview

Forest Creek Subdivision Phase 2 market snapshot (as of July 15, 2026): the median sale price is about $405K ($198 per sq ft over the trailing 12 months of closed sales), and a median 39 days on market for closed sales.

This is a straightforward Melbourne residential pocket in Brevard County with no community amenities identified in current listings — what you're buying is the house and the location, not a lifestyle package.

Best for

  • Buyers targeting the low-$400s who want the value in the house, not in HOA facilities
  • Buyers who value time to inspect and negotiate over a fast-moving auction dynamic
  • Owner-occupants who prioritize condition and square footage over a lifestyle package

Probably not for

  • Buyers who want on-site amenities such as a pool, gym, or clubhouse
  • Buyers who need a large volume of comparable recent sales to feel confident on price
  • Sellers unwilling to price to their home's actual condition

Windows contain 0 to 5 sales each (3 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.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Every sale since 2004 · price vs size
$0$200K$400K2k2k
45 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $100 in 2012 to a $198 peak in 2026; $198 now.
Median days on market · closed sales
20406020122014201620182020202220242026
11 days at the 2017 low; 39 now.
Sale price vs original ask · median
96%98%20122014201620182020202220242026
95.3% now vs Brevard 96.2%.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 3 in the current window.

If we were buying in Forest Creek Subdivision Phase 2 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 Subdivision Phase 2.

Best Buy
Buyers who want a Melbourne home without paying for shared amenities they won't use.
Biggest Risk
A thin sales window means the medians are directional, not precise.
Sweet Spot
A well-maintained home priced honestly to condition near the median.
Avoid If
You need community amenities like a pool or clubhouse built into the neighborhood.

A condition-driven market

With no HOA amenities to standardize value, the median of roughly $198 per square foot is best read as a midpoint, not a rule. Two homes of similar size can land well apart depending on updates, roof and system age, and layout. That makes an honest walkthrough and a careful comp on condition more important here than in an amenity-anchored community.

The 39-day median indicates buyers are taking their time and sellers who price at the top of their assumptions are waiting. Note that this snapshot rests on a small closings window of three sales, so treat the medians as directional rather than precise — a single well- or poorly-priced sale moves these numbers.

The location and the amenities are priced into every listing in Forest Creek Subdivision Phase 2. 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 small, condition-driven market like this one, the median only tells you so much. We build the price around the specific home — its updates, its systems, its square footage — and we're candid when a listing is priced on hope rather than comps. With a thin closings window, that ground-level read is what keeps a buyer from overpaying and a seller from sitting.

Forest Creek Subdivision Phase 2 in 15 seconds.

Best forBuyers who want a Melbourne home without paying for shared amenities they won't use.
Biggest advantageA measured pace gives you room to inspect and negotiate.
Biggest riskA thin sales window means the medians are directional, not precise.
Sweet spotA well-maintained home priced honestly to condition near the median.
Avoid ifYou need community amenities like a pool or clubhouse built into the neighborhood.

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 Forest Creek Subdivision Phase 2 sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Forest Creek Subdivision Phase 2?
The median sale price in Forest Creek Subdivision Phase 2 was $405K over the 12 months ending July 15, 2026 (3 closed sales, Space Coast MLS).
How long do homes in Forest Creek Subdivision Phase 2 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 39 days on market (3 sales, Space Coast MLS).
Who is the best real estate agent for Forest Creek Subdivision Phase 2?
The best agent for Forest Creek Subdivision Phase 2 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 Subdivision Phase 2.
How do I find a top Melbourne real estate agent who knows Forest Creek Subdivision Phase 2?
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 Forest Creek Subdivision Phase 2 and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Forest Creek Subdivision Phase 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Forest Creek Subdivision Phase 2 purchase or sale - no call center and no pressure.
Buyers targeting the low-$400s who want the value in the house, not in HOA facilitiesExcellent fit
Buyers who value time to inspect and negotiate over a fast-moving auction dynamicExcellent fit
Owner-occupants who prioritize condition and square footage over a lifestyle packageExcellent fit
Buyers who want on-site amenities such as a pool, gym, or clubhouseProbably not
Buyers who need a large volume of comparable recent sales to feel confident on priceProbably not
Sellers unwilling to price to their home's actual conditionProbably 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 2004 (45 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.

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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.

Thinking of selling in Forest Creek Subdivision Phase 2? 3 recorded closings; median 39 days on market (window ending 2026-07-15). 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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