Forest Lake Village
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of September 2026, Forest Lake Village in Melbourne, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $633,750, $283 per square foot, a median 50 days on market, sellers accepting 97% of original asking. Homes listed or recently sold were built 1997–2002; 5 of 5 report an HOA (median $52/mo). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $9,890 ($9,270 with the full homestead exemption).
Forest Lake Village sits at a median of $630,000, with a median of roughly $286 per square foot. That combination tells you price here is driven by the homes themselves — size, condition, and finish — rather than any shared amenity package, because the current MLS listings show none identified. When a community's value rests on the individual house, the spread between a dated interior and an updated one can be wide, so buyers should underwrite each property on its own merits, not the neighborhood average.
The market posture is measured, not frantic. A median of 48 days on market means well-priced, well-presented homes move at a normal clip, but there is room for a buyer to negotiate and time to do diligence. Sellers should read that number as a mandate to price and prepare correctly out of the gate; the days-on-market here does not reward optimism.
Forest Lake Village right now
🟡 Balanced market. 3.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 12, 2026. Confidence: Low (1 active and pending listings, 4 closed sales in 12 months).
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 Lake Village market snapshot (as of September 12, 2026): the median sale price is about $634K ($283 per sq ft over the trailing 12 months of closed sales), a median 50 days on market for closed sales, and 3.0 months of supply, a balanced market.
Forest Lake Village is a community of 128 homes in Melbourne, Brevard County, built between 1995 and 2004 (median 1999.0), with a median living area of about 3,159 square feet. 88% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Forest Lake Village is a Melbourne community in Brevard County where value is set almost entirely by the house, since current listings show no shared amenities to carry the price. Expect a condition-driven market with a real spread between updated and original homes.
The setting & the homes.
Aerial and on-site photos of Forest Lake Village. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Forest Lake Village
Forest Lake Village
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Forest Lake VillagePhotos from Space Coast MLS listings in Forest Lake Village; content deemed reliable but not guaranteed.
Who Forest Lake Village is best for.
Best for
- Buyers with a mid-$600s budget who value square footage and finish over community facilities
- Buyers willing to compare homes carefully and pay for condition rather than the neighborhood average
- Move-up buyers who want a normal-paced market with room to negotiate and inspect
Probably not for
- Buyers who need a gated, amenity-rich community with a clubhouse or pool
- Buyers seeking a fast flip who expect a bidding-war pace
- Buyers on a tight budget below the mid-$600s median who need entry-level pricing
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($634K) IS the median in the snapshot above.
Windows contain 1 to 8 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 2004 through 2026. Deemed reliable but not guaranteed.
31% of homes for sale in ZIP 32940 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 Lake Village Market Scorecard
Forest Lake Village is currently a balanced market. About 3.0 months of supply, a median asking price of $575,000.
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 Lake Village
Live MLS inventory for Forest Lake Village. 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 Lake Village 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.
Forest Lake Village on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Suntree · Elementary
- DeLaura · Middle
- Viera · High
Zoned schools reflect the assignments reported on recent Forest Lake Village 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 Lake Village address.
The Forest Lake Village buying strategy.
If we were buying in Forest Lake Village 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 Lake Village.
A house-by-house market
Since 2012, values in Forest Lake Village have climbed roughly 180% — a long-run figure that reflects the broader Space Coast trajectory more than anything unique to a clubhouse or gate. With no community amenities identified in current listings, the price you pay is a price for square footage, lot, and condition. That makes comparable-shopping essential: two homes at similar asking prices can be very different buys once you account for updates.
The recent data draws on a small closings window, so treat the median as a directional signal rather than a precise verdict on any single home. At a median near $286 per square foot, larger homes will carry meaningfully larger price tags, and the 48-day median suggests neither a bidding-war environment nor a stale one. This is a market that rewards preparation on both sides of the table.
The location and the amenities are priced into every listing in Forest Lake Village. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Forest Lake Village buys, holds, and resells. Momentum Research; not an appraisal.
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 4 factors (8.4). Basis: Long-Term Appreciation +182% since 2012; Liquidity & Demand 3.0 months of supply; Owner Commitment 88% owner-occupied; Pricing Power 96.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this condition-driven and this thin on shared amenities, the median tells you only where the middle sits, not what any given house is worth. We underwrite each property against its own updates, square footage, and lot — and we read the 48-day pace to price a listing right the first time rather than chase it down. That discipline is the difference between a clean close and a listing that lingers.
Forest Lake Village in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Forest Lake Village 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 Lake Village sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Forest Lake Village, 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 Lake Village home worth?
Get a no-obligation home value based on real comparable sales in Forest Lake Village, 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 Lake Village on the map →
Frequently Asked Questions
What is the median home price in Forest Lake Village?
How long do homes in Forest Lake Village take to sell?
Is Forest Lake Village a buyer's or seller's market right now?
How many homes are in Forest Lake Village?
What share of Forest Lake Village is owner-occupied?
When were the homes in Forest Lake Village built?
Have Forest Lake Village home prices gone up?
Who is the best real estate agent for Forest Lake Village?
How do I find a top Melbourne real estate agent who knows Forest Lake Village?
Can Momentum Realty connect me with an agent for Forest Lake Village?
Should you buy in Forest Lake Village?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Forest Lake Village with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32909/32940/32953)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2004 (93 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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See how Forest Lake Village fits the bigger picture — live prices, inventory, and Momentum Scores: