Magnolia Manor Melbourne
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
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 Melbourne 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 setting & the homes.
Aerial and on-site photos of Magnolia Manor Melbourne. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Magnolia Manor Melbourne
Magnolia Manor MelbourneMagnolia Manor Melbourne
Magnolia Manor Melbourne
Magnolia Manor Melbourne
Magnolia Manor MelbournePhotos from Space Coast MLS listings in Magnolia Manor Melbourne; content deemed reliable but not guaranteed.
Who Magnolia Manor Melbourne 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 Melbourne
Magnolia Manor Melbourne 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 Melbourne specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Magnolia Manor Melbourne
Live MLS inventory for Magnolia Manor Melbourne. 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 Melbourne listings as of 2026-07-14, 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 Melbourne 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 Melbourne 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 Melbourne address.
The Magnolia Manor Melbourne buying strategy.
If we were buying in Magnolia Manor Melbourne 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 Melbourne.
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 Melbourne. 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 Melbourne 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 Magnolia Manor Melbourne 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 Melbourne 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 Melbourne, 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 Melbourne home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Manor Melbourne, 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 Magnolia Manor Melbourne on the map →
Magnolia Manor Market Scorecard
Magnolia Manor is currently a balanced market (limited data). About 6.0 months of supply, a median asking price of $345,000.
Typical home value in the 32904 ZIP is $379,608, about 12.5% 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 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Magnolia Manor Melbourne a buyer's or seller's market right now?
How many homes are in Magnolia Manor Melbourne?
What share of Magnolia Manor Melbourne is owner-occupied?
When were the homes in Magnolia Manor Melbourne built?
Who is the best real estate agent for Magnolia Manor Melbourne?
How do I find a top Melbourne real estate agent who knows Magnolia Manor Melbourne?
Can Momentum Realty connect me with an agent for Magnolia Manor Melbourne?
Should you buy in Magnolia Manor Melbourne?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Magnolia Manor Melbourne with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 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 your area 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.