Hedges Subd
Homes for Sale in Melbourne, FL

All 714 homes for sale in Melbourne, FL · median $399,000 · 109 homes for sale in 32901 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32901
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Built fromLive Space Coast MLS data20 years of closingsUpdated twice daily

As of September 2026, the MLS records 4 closed sales in Hedges Subd in Melbourne, FL since 2006, the most recent in September 2014. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,010 ($5,380 with the full homestead exemption).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Hedges Subd is a small pocket in Melbourne where the MLS gives us very little to work with — no standing amenities, no shared infrastructure, and no consistent price signal beyond what individual homes bring to the table. In a subdivision like this, price is set almost entirely by the condition and updates of the specific house, not by any community premium or shared feature set.

For buyers, that means each listing has to be judged on its own merits rather than against a neighborhood template. For sellers, it means the burden is on presentation and condition to justify your number — there is no amenity story doing the selling for you. Pricing off the house next door can mislead in either direction here.

Nearby homes for sale

No active listings inside Hedges SubdHomes for Sale in Melbourne, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

2203 Bignonia Street
$399K · 0.2 mi away
5 bd · 4 ba · 2,309 sqft
2203 Bignonia Street
Listed by Century 21 Ocean
511 E Melbourne Avenue
$650K · 0.2 mi away
5 bd · 2 ba · 1,886 sqft
511 E Melbourne Avenue
Listed by Home Wise Realty Group, Inc.
1905 Stockton Street
$563K · 0.2 mi away
3 bd · 2.5 ba · 1,953 sqft
1905 Stockton Street
Listed by Waterman Real Estate Inc.
1903 Stockton Street
$332K · 0.3 mi away
2 bd · 2 ba · 1,152 sqft
1903 Stockton Street
Listed by Waterman Real Estate Inc.
1707 Platt Street
$335K · 0.4 mi away
3 bd · 2 ba · 1,388 sqft
1707 Platt Street
Listed by Real Broker, LLC
637 E Lincoln Avenue
$420K · 0.4 mi away
3 bd · 2 ba · 1,620 sqft
637 E Lincoln Avenue
Listed by RE/MAX Alternative Realty

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Hedges Subd is a modest Melbourne subdivision in Brevard County with no community amenities identified from current listings; what you're buying is the individual home and its location, not a package of shared features.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers focused on the individual home and its Melbourne location rather than community features
  • Value-minded buyers comfortable underwriting a house on its condition and updates
  • Owners who prefer no HOA amenity burden on their monthly and price

Probably not for

  • Buyers who want a pool, clubhouse, or other shared amenities on site
  • Buyers who want a large, uniform subdivision with plentiful comparable sales
  • Buyers who prize a gated or highly managed community feel

The market around Hedges Subd

Hedges Subd is too small for its own price trend, so here is the market around it.

In ZIP 32901, 139 homes are on the market and 24% are under contract — a steady corner of Melbourne.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

In ZIP 32901 (Melbourne), 194 homes closed in the last 12 months at a median of $290K ($202/sq ft), down 6.8% year over year, with a median 54 days on market. Right now 10 active and 5 pending listings put supply at about 3.4 months — a balanced market. See the live ZIP 32901 housing market and the Brevard County market.

ZIP and county figures describe the wider market, not Hedges Subd specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Hedges Subd, Melbourne

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 4 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

If we were buying in Hedges Subd 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 Hedges Subd.

Best Buy
Buyers who want a specific house in Melbourne and don't need shared amenities.
Biggest Risk
Thin data means mispricing is easy in either direction.
Sweet Spot
A well-maintained home judged on its own condition, not a community template.
Avoid If
You want a gated or amenity-rich community with shared facilities.

A house-by-house market

With no shared amenities on record, there is no HOA-driven story and no clubhouse-or-pool line item shaping value. That simplifies the calculus but also removes the comps you'd lean on elsewhere. Value comes down to lot, layout, condition, and how the specific home has been maintained or updated.

This is a spot where a careful walkthrough matters more than a spreadsheet. Two homes on the same street can command very different prices based on renovation history alone, and neither the neighborhood nor any amenity offsets that spread. Melbourne's broader location advantages — proximity to the wider Space Coast — do more to frame value here than anything internal to the subdivision.

“

The location and the amenities are priced into every listing in Hedges Subd. 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 subdivision with thin data and no amenity anchor, the risk is mispricing in either direction. We underwrite each home on its own condition and location rather than a loose neighborhood average, and we'll tell you plainly when a listing is priced off the wrong comparison. That candor protects both buyers and sellers when the market gives us little to lean on.

Hedges Subd in 15 seconds.

Best forBuyers who want a specific house in Melbourne and don't need shared amenities.
Biggest advantageNo amenity premium or HOA overhead baked into price.
Biggest riskThin data means mispricing is easy in either direction.
Sweet spotA well-maintained home judged on its own condition, not a community template.
Avoid ifYou want a gated or amenity-rich community with shared facilities.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Hedges Subd homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Hedges Subd.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Hedges Subd sales matched to your home.

What is your Hedges Subd home worth?

Get a no-obligation home value based on real comparable sales in Hedges Subd, 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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Real comps, not an automated estimate.
Buyers focused on the individual home and its Melbourne location rather than community featuresExcellent fit
Value-minded buyers comfortable underwriting a house on its condition and updatesExcellent fit
Owners who prefer no HOA amenity burden on their monthly and priceExcellent fit
Buyers who want a pool, clubhouse, or other shared amenities on siteProbably not
Buyers who want a large, uniform subdivision with plentiful comparable salesProbably not
Buyers who prize a gated or highly managed community feelProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2006 (4 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.

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Common questions about Hedges Subd

Where is Hedges Subd?

Hedges Subd is a community in Melbourne, Brevard County, Florida, ZIP 32901.

Are there homes for sale in Hedges Subd right now?

No active listings inside Hedges Subd at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Hedges Subd have an HOA or CDD?

No HOA is on record for Hedges Subd in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Hedges Subd with Momentum Realty’s local guides.

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