Magnolia Village I Melbourne in Melbourne

Magnolia Village I Melbourne
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS data18 years of closingsUpdated twice daily
Live · Magnolia Village I Melbourne Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
100%
Under contract
Brevard: 28% (1,397 of 4,982)
0 · 1
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Magnolia Village I is a maintenance-grounds community in Melbourne, which tells you most of what drives value here: the HOA handles the exterior grounds work, so pricing tends to track home condition and interior updates more than yard size or curb effort. With grounds maintenance bundled in, the trade-off buyers weigh is convenience against the recurring HOA cost, and that calculus should anchor any offer.

As of our July 2026 snapshot, there were no active listings and no recorded closings in the reporting window, so there is no current market activity to read from. That is a thin-data posture, not a verdict on the community. Sellers should treat pricing as a manual exercise built from recent comparable sales rather than anything you can pull off this feed; buyers should be ready to move quickly and privately, because inventory here is intermittent rather than steady.

Best for

  • Buyers prioritizing lighter exterior upkeep who accept a recurring HOA cost in exchange
  • Patient buyers willing to wait and move fast when a listing appears
  • Buyers comfortable pricing from comparable sales rather than live listing data

Probably not for

  • Buyers on a hard deadline who need to close within a set window
  • Buyers who want a range of options to tour immediately
  • Buyers unwilling to carry an HOA fee for grounds maintenance

The market around Magnolia Village I Melbourne

Magnolia Village I 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 Village I Melbourne specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Magnolia Village I Melbourne, 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 16 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-08-11)

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 August 2026 through August 2026. Deemed reliable but not guaranteed.

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.

$2,120/mo
Brevard County typical true cost to own
$196/mo
Brevard County typical home insurance
Check CDD
Confirm before you offer

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.

Magnolia Village Market Scorecard

Buyer-Leaning Market (limited data)

Magnolia Village is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/1/0
Active/Pend/Sold

Typical home value in the 32935 ZIP is $270,402, about 15.0% 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 2026-08-23. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Magnolia Village I Melbourne

Live MLS inventory for Magnolia Village I 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 Village I Melbourne listings as of 2026-08-12, 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.

Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • University Park · Elementary
  • Stone · Middle
  • Palm Bay · High

Zoned schools reflect the assignments reported on recent Magnolia Village I 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 Village I Melbourne address.

If we were buying in Magnolia Village I Melbourne 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 Magnolia Village I Melbourne.

Best Buy
Buyers who want a low-maintenance exterior and are patient enough to wait for inventory.
Biggest Risk
No current listings or closings means pricing must be built from off-feed comparables.
Sweet Spot
A well-updated home purchased at a price backed by recent area comparables.
Avoid If
You need to buy on a fixed timeline or want a predictable, always-available inventory.

A low-maintenance footprint with thin public data

The reported amenity here is maintenance grounds, which shapes both the lifestyle and the cost structure. You are buying a home where the exterior grounds work is handled collectively, and the recurring HOA fee is the price of that convenience. Before writing an offer, confirm exactly what the fee covers and what it does not directly with the HOA, since the value of a grounds-maintained community lives entirely in those details.

The harder reality is data. With no active listings and no closings in the current window, there is no live pricing signal to lean on. Anyone serious about this community will need to work from off-market history and recent comparable sales in the immediate area, and accept that opportunities may surface with little warning. This is a community you monitor, not one you shop casually.

The location and the amenities are priced into every listing in Magnolia Village I Melbourne. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community has no active listings and no recent closings on the feed, generic search tools go quiet - and that is exactly where a local desk earns its keep. We track comparable sales in the surrounding Melbourne market, verify HOA scope and cost directly, and position you to act when something does come available rather than reacting after it is gone.

Magnolia Village I Melbourne in 15 seconds.

Best forBuyers who want a low-maintenance exterior and are patient enough to wait for inventory.
Biggest advantageThe HOA grounds maintenance reduces day-to-day upkeep on the home.
Biggest riskNo current listings or closings means pricing must be built from off-feed comparables.
Sweet spotA well-updated home purchased at a price backed by recent area comparables.
Avoid ifYou need to buy on a fixed timeline or want a predictable, always-available inventory.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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

What is your Magnolia Village I Melbourne home worth?

Get a no-obligation home value based on real comparable sales in Magnolia Village I 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 Village I Melbourne on the map →

Real comps, not an automated estimate.
Buyers prioritizing lighter exterior upkeep who accept a recurring HOA cost in exchangeExcellent fit
Patient buyers willing to wait and move fast when a listing appearsExcellent fit
Buyers comfortable pricing from comparable sales rather than live listing dataExcellent fit
Buyers on a hard deadline who need to close within a set windowProbably not
Buyers who want a range of options to tour immediatelyProbably not
Buyers unwilling to carry an HOA fee for grounds maintenanceProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2008 (17 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.

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More Melbourne & Space Coast / Brevard County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.

Buying or selling in Magnolia Village? Find the best agent in Melbourne · Find the best agent in Brevard County · Get a cash offer.

Thinking of selling in Magnolia Village I Melbourne? See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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