Manchester Lakes Phase 2
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $395K
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Built fromLive Space Coast MLS data16 years of closingsUpdated twice daily
Live · Manchester Lakes Phase 2 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$395K
Median sold · 12 mo
up 0.0% vs the prior 12 months
+0.0%
1-yr price change
n = 5 and 5 sales in the two windows
$223/sf
Sold $/sqft · 12 mo
peak $223 in 2026
95.6%
Sale vs ask
Brevard median: 96.2%
Tempo
58days
Median DOM · closed
8 days at the 2013 low
5
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 16 years of records
1,873sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

In Manchester Lakes Phase 2, price is driven by the home itself, not by shared amenities — the current MLS data shows none identified, so what you pay tracks square footage, condition, and finish rather than a clubhouse or gate. The median sits at $395,000, with a median of about $223 per square foot, and the spread here tends to reflect how updated a given house is more than anything else.

The market posture is patient. Homes are taking a median of 58 days to go under contract, and year-over-year values are flat. For a buyer, that means room to negotiate and time to inspect without pressure. For a seller, it means sharp pricing and turnkey condition matter — this is not a market that rewards optimism or overreach.

Manchester Lakes Phase 2 Housing Pulse · Momentum Research · as of July 15, 2026

Manchester Lakes Phase 2 right now

🟡 Still climbing. The trailing-12-month median ($395K) is up 0.0% from the prior 12 months ($395K). With about 4 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: Low (5 and 5 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

Manchester Lakes Phase 2 market snapshot (as of July 15, 2026): the median sale price is about $395K ($223 per sq ft over the trailing 12 months of closed sales), and a median 58 days on market for closed sales. The trailing-12-month median is up 0% from the prior 12 months, computed from record-level Space Coast MLS closed sales (5 closings in the current window).

Manchester Lakes Phase 2 is a residential pocket of Melbourne in Brevard County where value comes down to the individual house. With no community amenities surfacing in current listings, buyers are paying for the home and its lot, not a lifestyle package.

Best for

  • Buyers around the mid-$390s who want a detached home and value condition over shared facilities
  • Buyers who prefer a slower market where they can inspect and negotiate without bidding pressure
  • Owners planning a longer hold who are comfortable with flat near-term value

Probably not for

  • Buyers who want a gated community, pool, or clubhouse as part of the deal
  • Buyers counting on quick appreciation or a fast flip
  • Buyers who need deep comp data before committing, given the thin recent sales count

Windows contain 1 to 8 sales each (5 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.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Up 0.0% year over year.
Every sale since 2010 · price vs size
$0$200K$400K2k3k
59 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $96 in 2012 to a $223 peak in 2026; $223 now.
Median days on market · closed sales
05010020122014201620182020202220242026
8 days at the 2013 low; 58 now.
Sale price vs original ask · median
95%100%20122014201620182020202220242026
95.6% now vs Brevard 96.2%.
Homes sold per 12-mo window
025820122014201620182020202220242026
1 to 8 a year; 5 in the current window.

If we were buying in Manchester Lakes Phase 2 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 Manchester Lakes Phase 2.

Best Buy
Buyers who want a standalone home in Melbourne and don't need amenities baked in.
Biggest Risk
A thin sales window means comps are limited and each number carries less certainty.
Sweet Spot
A well-updated home priced honestly against the mid-$390s median.
Avoid If
You expect community amenities or fast appreciation.

A condition-driven market

With flat year-over-year movement and a 58-day median time to contract, this is a measured market. The closings window here is thin — just five recent sales inform the snapshot — so treat any single number as directional rather than precise, and lean on a walkthrough of comparable homes over headline stats.

Because no amenities are pulling weight, the median price of $395,000 and the roughly $223 per square foot figure are best read as anchors. A well-updated home can justify sitting above them; a dated one should price below. Ask what has actually been renovated before you assume where a listing belongs.

The location and the amenities are priced into every listing in Manchester Lakes Phase 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With a small pool of recent closings and a flat, patient market, the difference between a fair number and an overpay is in the details — condition, finish level, and how a specific home stacks against the last few sales. We read those comps line by line so you are pricing to reality, not to hope.

Manchester Lakes Phase 2 in 15 seconds.

Best forBuyers who want a standalone home in Melbourne and don't need amenities baked in.
Biggest advantageA patient market with flat pricing and time to inspect and negotiate.
Biggest riskA thin sales window means comps are limited and each number carries less certainty.
Sweet spotA well-updated home priced honestly against the mid-$390s median.
Avoid ifYou expect community amenities or fast appreciation.

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 Manchester Lakes Phase 2 sales matched to your home.

What is your Manchester Lakes Phase 2 home worth?

Get a no-obligation home value based on real comparable sales in Manchester Lakes Phase 2, 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 Manchester Lakes Phase 2 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Manchester Lakes Phase 2?
The median sale price in Manchester Lakes Phase 2 was $395K over the 12 months ending July 15, 2026 (5 closed sales, Space Coast MLS).
How long do homes in Manchester Lakes Phase 2 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 58 days on market (5 sales, Space Coast MLS).
Who is the best real estate agent for Manchester Lakes Phase 2?
The best agent for Manchester Lakes Phase 2 is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Manchester Lakes Phase 2.
How do I find a top Melbourne real estate agent who knows Manchester Lakes Phase 2?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Manchester Lakes Phase 2 and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Manchester Lakes Phase 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Manchester Lakes Phase 2 purchase or sale - no call center and no pressure.
Buyers around the mid-$390s who want a detached home and value condition over shared facilitiesExcellent fit
Buyers who prefer a slower market where they can inspect and negotiate without bidding pressureExcellent fit
Owners planning a longer hold who are comfortable with flat near-term valueExcellent fit
Buyers who want a gated community, pool, or clubhouse as part of the dealProbably not
Buyers counting on quick appreciation or a fast flipProbably not
Buyers who need deep comp data before committing, given the thin recent sales countProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2010 (59 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.

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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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