Magnolia Manor market snapshot (as of June 17, 2026): the median sale price is about $225K ($113 per sq ft), a buyer-leaning market (limited data). Based on 2 recent closings in live Space Coast MLS data.
Magnolia Manor is an established single-family neighborhood in Melbourne, Brevard County, reported to sit within the larger Magnolia Park area in the 32904 area. Third-party profiles describe it as a settled neighborhood of modest single-family homes reported in roughly the 1,100 to 2,000 square foot range rather than a new builder phase. Treat the ZIP, city, home count, and sizes as reported and confirm them for a specific home.
Because the neighborhood is established and value-tier, condition is the headline. Roof age, systems, and finish level vary house to house, so the diligence here is reading the specific home honestly rather than relying on a neighborhood average. Public sources do not consistently describe a homeowners association, so confirm whether any HOA, deed restrictions, or fees apply before you offer.
The location is a practical Melbourne one, with Melbourne and West Melbourne shopping, the US-192 and Babcock Street corridors, and an I-95 interchange within a reasonable drive, and the Atlantic beaches a drive east. Confirm your real commute and the nearest schools for a specific address, since assignment is by parcel and can change.
For buyers who want a settled Melbourne street at a modest entry point, Magnolia Manor is a straightforward resale option. The work is reading the condition honestly, confirming any HOA or CDD posture, and pricing the lot and the home against true Melbourne-area comps rather than a headline number.
