Magnolia Park Replat
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Magnolia Park Replat sits at a median of $259,000, with no shared amenities pulling weight in the pricing. That means price here is driven almost entirely by the individual home - condition, size, and updates. At roughly $186 per square foot, the spread between a dated property and an updated one can be wide, and there is no HOA package or community feature doing the selling for you.
The current posture is soft. The median is down 25.5% year over year, and the market heat score of 28 reads cool. But homes are still moving in about 33 days, which is not stalled. For a buyer, that combination means room to negotiate without a bidding-war reflex. For a seller, it means pricing to the current market and presenting the home well matters more than it did a year ago.
Magnolia Park Replat right now
🔴 Off the recent peak. The trailing-12-month median ($259K) is down 25.5% from the prior 12 months ($347K) and up 476% since 2012. With about a dozen 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: Medium (9 and 12 sales in the two windows).
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
Magnolia Park Replat market snapshot (as of July 15, 2026): the median sale price is about $259K ($186 per sq ft over the trailing 12 months of closed sales), and a median 33 days on market for closed sales. The trailing-12-month median is down 26% from the prior 12 months and up 476% since 2012, computed from record-level Space Coast MLS closed sales (9 closings in the current window).
This is a modest, home-by-home submarket in Melbourne with no community amenities to lean on, so value tracks the condition of the specific property far more than any neighborhood premium. The long arc is notable: values are up 476% since 2012, even after the recent year-over-year pullback.
Who Magnolia Park Replat is best for.
Best for
- Budget-conscious buyers targeting the mid-$200s in Melbourne who value the home over shared amenities
- Buyers comfortable evaluating a property on condition and finishes rather than a neighborhood premium
- Long-hold owners who can ride out a soft year-over-year window
Probably not for
- Buyers who want a clubhouse, pool, or gated community feel
- Anyone needing a firm, high-confidence value in a thin, low-volume market
- Short-horizon buyers uneasy with a 25.5% year-over-year decline
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 ($259K) IS the median in the snapshot above, and the move from 2025 ($347K) IS the -25.5% one-year change.
Windows contain 7 to 16 sales each (9 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 Magnolia Park Replat buying strategy.
If we were buying in Magnolia Park Replat 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 Park Replat.
A condition-driven pocket in a cooling window
With amenities identified as none from current listings, there is no clubhouse, pool, or gated entry factored into these numbers. What you are buying is the house and the lot. That simplifies the math but raises the stakes on inspection and finishes - two similar-looking homes here can justify very different prices based on what has and hasn't been updated.
The recent data is thin by nature: nine closings in the measured window. A small sample means a single unusual sale can swing the median, so treat the $259,000 figure as a directional read rather than a precise line in the sand. Pair it with a walk-through of comparable condition before anchoring an offer or a list price.
The location and the amenities are priced into every listing in Magnolia Park Replat. 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 Magnolia Park Replat 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 (5.8). Basis: Long-Term Appreciation +476% since 2012; Recent Direction -25.5% year-over-year; Pricing Power 96.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a low-volume, condition-driven market like this, the median only tells you so much. We underwrite each home on its own merits - updates, systems, lot - rather than leaning on a neighborhood average that nine sales can distort. In a cooling window, that discipline is what keeps a buyer from overpaying and a seller from mispricing.
Magnolia Park Replat 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 Park Replat 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 Park Replat sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Magnolia Park Replat, 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 Park Replat home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Park Replat, 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 Park Replat on the map →
Frequently Asked Questions
What is the median home price in Magnolia Park Replat?
How long do homes in Magnolia Park Replat take to sell?
Have Magnolia Park Replat home prices gone up?
Who is the best real estate agent for Magnolia Park Replat?
How do I find a top Melbourne real estate agent who knows Magnolia Park Replat?
Can Momentum Realty connect me with an agent for Magnolia Park Replat?
Should you buy in Magnolia Park Replat?
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 (194 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.
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.