Forest Creek Subdivision Phase I
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
In Forest Creek Subdivision Phase I, price is driven by the house itself, not by shared amenities. With none identified from current MLS listings, what you pay tracks condition, square footage, and finish level rather than a gate, pool, or clubhouse. The median sits at $485,000, or roughly $243 per square foot, which is a useful anchor for judging whether a given listing is priced on its merits.
The posture right now leans toward sellers without being frantic. A median of 20 days on market and a heat score of 58 say well-prepared homes move in about three weeks, but buyers are still underwriting. The year-over-year figure is up 15.5%, so sellers have momentum on their side; buyers should treat that as a reason to inspect the comps closely rather than to overpay on the assumption every home clears at once.
Forest Creek Subdivision Phase I right now
🟢 Still climbing. The trailing-12-month median ($485K) is up 15.5% from the prior 12 months ($420K). With about 4 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 July 15. Confidence: Low (5 and 5 sales in the two windows).
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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 60-Second Overview
Forest Creek Subdivision Phase I market snapshot (as of July 15, 2026): the median sale price is about $485K ($243 per sq ft over the trailing 12 months of closed sales), and a median 20 days on market for closed sales. The trailing-12-month median is up 16% from the prior 12 months, computed from record-level Space Coast MLS closed sales (5 closings in the current window).
Forest Creek Subdivision Phase I is a Melbourne, Brevard County community where value comes down to the individual home rather than communal features. The current data points to a market that rewards move-in-ready condition and prices sellers can defend.
Who Forest Creek Subdivision Phase I is best for.
Best for
- Buyers targeting a move-in-ready home around the mid-$480s who value condition over communal extras
- Sellers with an updated home who want to capitalize on roughly 20-day market times
- Value-minded buyers willing to take on a home needing work and price it accordingly
Probably not for
- Buyers who require community amenities such as a pool, gym, or clubhouse
- Buyers needing a hard price ceiling in a market where value is condition-driven
- Sellers unwilling to price against real comps in a thin recent-sales window
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($485K) IS the median in the snapshot above, and the move from 2025 ($420K) IS the +15.5% one-year change.
Windows contain 1 to 11 sales each (5 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.
The Forest Creek Subdivision Phase I buying strategy.
If we were buying in Forest Creek Subdivision Phase I 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 Forest Creek Subdivision Phase I.
What actually moves price here
With no community amenities identified in the current listings, the spread between one home and the next comes from square footage, updates, and overall condition. A median near $243 per square foot gives you a working yardstick: measure a listing against it, then adjust up for renovation and down for deferred maintenance. Because we only have the median as a firm figure, treat everything outside it as condition-driven rather than assuming a fixed floor or ceiling on price.
The 20-day median and a heat score of 58 describe a market with real demand but room for discipline. The window here is thin, built on a small number of recent closings, so a single unusual sale can tilt the averages. That is exactly why comps should be read one at a time, not averaged blindly, and why pricing strategy matters more than the headline year-over-year number.
The location and the amenities are priced into every listing in Forest Creek Subdivision Phase I. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with no shared amenities and a small pool of recent closings, the read has to come from the homes themselves. We price and negotiate off condition, square footage, and defensible comps rather than a round number, and we will tell you plainly when a listing is stretched against the $243-per-square-foot median. That candor is worth more than optimism in a thin, condition-driven market like Forest Creek Phase I.
Forest Creek Subdivision Phase I 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 Forest Creek Subdivision Phase I 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 Forest Creek Subdivision Phase I sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Forest Creek Subdivision Phase I, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Forest Creek Subdivision Phase I home worth?
Get a no-obligation home value based on real comparable sales in Forest Creek Subdivision Phase I, 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 Forest Creek Subdivision Phase I on the map →
Frequently Asked Questions
What is the median home price in Forest Creek Subdivision Phase I?
How long do homes in Forest Creek Subdivision Phase I take to sell?
Who is the best real estate agent for Forest Creek Subdivision Phase I?
How do I find a top Melbourne real estate agent who knows Forest Creek Subdivision Phase I?
Can Momentum Realty connect me with an agent for Forest Creek Subdivision Phase I?
Should you buy in Forest Creek Subdivision Phase I?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Space Coast MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (101 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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