Gatwick Manor
Homes for Sale in Melbourne, FL

Gatwick Manor market snapshot (as of September 20, 2026): the median sale price is about $665K ($278 per sq ft over the trailing 12 months of closed sales), and a median 40 days on market for closed sales.

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.

County records show 3 qualified sales in Gatwick Manor across 2024–2025 (2 in 2024, 1 in 2025), median $815,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Gatwick Manor is a community of 70 homes in Melbourne, Brevard County, built between 2008 and 2013 (median 2012.0), with a median living area of about 3,572 square feet. 83% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Gatwick Manor is a small-transaction Melbourne subdivision in Brevard County where value sits in the individual home rather than in community facilities. With only three closings in the window, each sale carries weight, so read comparables carefully.

Values here have climbed 111% since 2012, so long-term owners are sitting on a materially different basis than recent buyers. That history explains why homes can look priced across a broad band even inside one subdivision — updated homes and dated ones are competing under the same address. Past movement is context, not a forecast; it says nothing about what any single home will do next.

The thin closing count — three in the window — is the practical challenge. With so few recent sales, a single unusual transaction can distort the median in either direction. That makes pricing and offer strategy a hands-on exercise: you weigh the specific home against the specific comps rather than trusting a broad average to carry you.

In a subdivision with few closings and a wide condition-driven spread, the median only gets you in the room. We break down each comparable by condition and square footage, so a seller prices to what their home actually is and a buyer knows when a list price is aspirational. That local, transaction-level read matters far more here than any headline number.

Listings in this community report association dues of about $106 per month ($1,272 a year) — the median AssociationFee across 51 MLS records, normalised to a monthly figure; most are billed twice a year. 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, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.