Magnolia Manor
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, Magnolia Manor in Melbourne, FL has 1 home for sale. Homes listed or recently sold were built 1957–1958; none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 21 ft).
Magnolia Manor Melbourne is a mature pocket of 117 homes in Melbourne, with a median built date of 1957 and construction spanning nearly seven decades through 2024. That range tells you the story: a mid-century core with scattered infill and renovation-versus-original teardown dynamics. Price here will hinge on condition, updates, and whether you're buying a preserved original or a rebuild on a legacy lot.
The market sits balanced at six months' supply with one active listing as of mid-July 2026. Over 60% of owners homestead, signaling long holds and infrequent turnover. When inventory does surface, expect condition and lot appeal - not community amenities - to drive value. Buyers will wait for the right home, and sellers will need to price to the home's actual state, not the neighborhood name.
Magnolia Manor right now
🟡 Balanced market. 6.0 months of supply and 67% 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 July 15, 2026. Confidence: Low (3 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
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
A 117-home enclave in Melbourne with a median build year of 1957, Magnolia Manor Melbourne spans nearly seventy years of construction, offering everything from vintage originals to modern rebuilds on established lots.
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.
The setting & the homes.
Aerial and on-site photos of Magnolia Manor. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Magnolia Manor
Magnolia ManorMagnolia Manor
Magnolia Manor
Magnolia Manor
Magnolia ManorPhotos from Space Coast MLS listings in Magnolia Manor; content deemed reliable but not guaranteed.
Who Magnolia Manor is best for.
Best for
- Buyers hunting Melbourne location value who can evaluate renovation quality and price original-condition homes accordingly.
- Investors or owner-occupants comfortable with deferred-maintenance projects or homes that need systems updates in exchange for lower basis.
- Homesteaders planning a long hold who prioritize lot, location, and privacy over amenity access and want to avoid HOA fees.
Probably not for
- Buyers expecting move-in ready uniformity across listings or a community standard enforced by covenants.
- First-time buyers without contractor relationships or the cash reserves to address mid-century systems and deferred maintenance.
- Anyone who wants resort-style amenities, a staffed clubhouse, or the security of knowing every home was built in the last decade.
The market around Magnolia Manor
Magnolia Manor is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Magnolia Manor specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Magnolia Manor, Melbourne
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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.
Homes For Sale Right Now in Magnolia Manor
Live MLS inventory for Magnolia Manor. 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 Magnolia Manor listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.
Magnolia Manor 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
- University Park · Elementary
- Stone · Middle
- Melbourne · High
Zoned schools reflect the assignments reported on recent Magnolia Manor 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 Magnolia Manor address.
The Magnolia Manor buying strategy.
If we were buying in Magnolia Manor 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 Magnolia Manor.
What you actually get in Magnolia Manor Melbourne
Magnolia Manor Melbourne is a neighborhood defined by its age and condition spread, not by clubhouse perks or gated entries. The median living area is 1,658 square feet, and homes date from 1956 to 2024 - a span that means you might tour a preserved mid-century ranch on one street and a ground-up rebuild three doors down. No community amenities were identified from current MLS data, so this is a location and lot play, not a lifestyle-amenity purchase.
The market holds six months of supply and just one active listing, typical of a community where most owners homestead and turnover is measured in years, not quarters. Brevard County's Space Coast location offers proximity to beaches, the Kennedy Space Center corridor, and Melbourne's commercial core, but within Magnolia Manor itself you're buying the home and the lot - condition, updates, and layout will set the price, and variance will be wide.
Median year built of 1957 means the majority of the housing stock carries mid-century bones: slab foundations, single-story floor plans, and systems that may or may not have been updated. Some homes have been comprehensively renovated or replaced; others remain original. There is no HOA uniformity to smooth over that difference, so due diligence on each property is non-negotiable.
The location and the amenities are priced into every listing in Magnolia Manor. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Magnolia Manor Melbourne rewards the buyer who can evaluate condition, price updates accurately, and move when the right listing appears in a low-turnover market. Momentum's Space Coast team knows the difference between a cosmetic refresh and a true systems overhaul, and we will walk you through what that gap means in price and future expense. We also know when to tell you a home isn't worth the ask - even in a neighborhood you love - and when to write fast on the one that is. In a market this thin, that clarity is worth more than any number of showings.
Magnolia Manor 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 Magnolia Manor 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 Magnolia Manor sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Magnolia Manor, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Magnolia Manor home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Manor, 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 all homes for sale in Melbourne →
Recently off market in Magnolia Manor
Homes in Magnolia Manor that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 809 Espanola Way · off market
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
22% of homes for sale in ZIP 32901 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).
Magnolia Manor Market Scorecard
Magnolia Manor is currently a buyer-leaning market (limited data). About 3.0 months of supply, a median asking price of $339,900.
Typical home value in the 32904 ZIP is $379,452, about 12.6% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Based on information from the Space Coast MLS for the period 2026 through 2026-09-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Magnolia Manor a buyer's or seller's market right now?
How many homes are in Magnolia Manor?
What share of Magnolia Manor is owner-occupied?
When were the homes in Magnolia Manor built?
Who is the best real estate agent for Magnolia Manor?
How do I find a top Melbourne real estate agent who knows Magnolia Manor?
Can Momentum Realty connect me with an agent for Magnolia Manor?
Should you buy in Magnolia Manor?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Magnolia Manor with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
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 →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Magnolia Manor fits the bigger picture — live prices, inventory, and Momentum Scores: