Greentree Park 1St Addn To
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Greentree Park in Melbourne is a small-lot, no-frills market where price is driven almost entirely by the house itself — condition, updates, and square footage — rather than any community amenities, of which the current listings identify none. At a median of $260,000 and roughly $214 per square foot, this is a segment where a renovated home and a tired one can sit far apart, so the median tells you the middle, not the range you should expect to pay.
The posture right now is soft but not slow. The median closing went in 17 days, which is brisk, yet prices are down 10.3% year over year and the heat score sits at 30 — a buyer-leaning market. With only 7 closings in the window, individual sales swing the numbers, so lean on the specific comps for any given house rather than the headline median.
Greentree Park 1St Addn To right now
🔴 Off the recent peak. The trailing-12-month median ($260K) is down 10.3% from the prior 12 months ($290K) and up 333% since 2012. With about 7 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 (7 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
Greentree Park 1St Addn To market snapshot (as of July 15, 2026): the median sale price is about $260K ($214 per sq ft over the trailing 12 months of closed sales), and a median 17 days on market for closed sales. The trailing-12-month median is down 10% from the prior 12 months and up 333% since 2012, computed from record-level Space Coast MLS closed sales (7 closings in the current window).
This is an established, amenity-free pocket of Melbourne where the value case rests on the individual home. Long-term owners have seen it move — up 333% since 2012 — but the recent trend has cooled, which changes the negotiating dynamic today.
Who Greentree Park 1St Addn To is best for.
Best for
- Buyers targeting the mid-$200s who want an established Melbourne address without HOA amenities
- Value hunters willing to take on a project house and capture the condition spread
- Buyers ready to move fast on a move-in-ready listing before it turns
Probably not for
- Buyers who want a pool, clubhouse, or gated amenities included
- Sellers expecting last year's pricing in a market down 10.3% year over year
- Buyers who need a large statistical sample to feel confident on price
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 ($260K) IS the median in the snapshot above, and the move from 2025 ($290K) IS the -10.3% one-year change.
Windows contain 3 to 14 sales each (7 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 Greentree Park 1St Addn To buying strategy.
If we were buying in Greentree Park 1St Addn To 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 Greentree Park 1St Addn To.
A condition-driven market with no amenity premium
Because no community amenities show up in current MLS listings, there is no HOA-driven premium or shared-facility story to price around. That simplifies things: you are buying the house and the lot, and the spread between an updated property and a project house is where the real money is decided. Use the $214-per-square-foot median as a reference point, not a rule.
The 17-day median days-on-market says well-priced, move-in-ready homes still turn quickly, even with the year-over-year decline. That combination — fast turnover on the good ones, a softening headline price — favors a prepared buyer who can move on the right listing and a seller who prices to current comps rather than last year's.
The location and the amenities are priced into every listing in Greentree Park 1St Addn To. 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 Greentree Park 1St Addn To 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 3 factors (6.8). Basis: Long-Term Appreciation +333% since 2012; Recent Direction -10.3% year-over-year; Pricing Power 95.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
With only 7 closings in the window, this is a market where averages mislead and comps matter. We read each sale for condition and square footage before we talk price, so buyers do not overpay for a project and sellers do not underprice a home that is genuinely updated. In a segment moving this fast on the good listings, that preparation is the difference.
Greentree Park 1St Addn To 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 Greentree Park 1St Addn To 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 Greentree Park 1St Addn To sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Greentree Park 1St Addn To, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Greentree Park 1St Addn To home worth?
Get a no-obligation home value based on real comparable sales in Greentree Park 1St Addn To, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Greentree Park 1St Addn To?
How long do homes in Greentree Park 1St Addn To take to sell?
Have Greentree Park 1St Addn To home prices gone up?
Who is the best real estate agent for Greentree Park 1St Addn To?
How do I find a top Melbourne real estate agent who knows Greentree Park 1St Addn To?
Can Momentum Realty connect me with an agent for Greentree Park 1St Addn To?
Should you buy in Greentree Park 1St Addn To?
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 (158 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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