Melbourne Village
Homes for Sale in Melbourne, FL
All 714 homes for sale in Melbourne, FL · median $399,000 · 71 homes for sale in 32904 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 25 closed sales in Melbourne Village 5Th Sec in Melbourne, FL since 2004, the most recent in August 2026. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,010 ($5,380 with the full homestead exemption).
| Location | Melbourne, Brevard County, FL · ZIP 32904 |
|---|---|
| Homes in the community | 52 (FL DOR 2025 assessment roll) |
| Years built | 1949–2019 (median 1962.5) |
| Typical living area | 2,638 sq ft (median) |
| Owner-occupied (homestead) share | 73% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Melbourne Village 5Th Sec key facts,” movewithmomentum.com/neighborhoods/melbourne-village-5th-sec, data as of September 20, 2026.
Melbourne Village 5th Sec is a small, defined pocket in Melbourne, and with only a single closing in the current window, this is a market read built on thin recent data rather than a deep sales history. That matters: with so few transactions to anchor value, price here is driven less by a repeatable comp set and more by the individual home — its condition, its updates, and how it's presented. Two homes on the same street can land far apart on price for reasons that have nothing to do with the neighborhood and everything to do with the house.
For a seller, the takeaway is that pricing has to be argued from the specific property, not lazily pegged to a neighborhood average that barely exists yet. For a buyer, thin volume cuts both ways — fewer options at any given moment, but also less pricing pressure from a crowd of competing listings. Patience and a willingness to move when the right home surfaces both help here.
Nearby homes for sale
No active listings inside Melbourne VillageHomes for Sale in Melbourne, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
This is a compact residential section within Melbourne, in Brevard County, without identifiable shared community amenities from current listings — the appeal is the location and the individual homes, not a clubhouse or gated package.
Space Coast MLS sales records identify 149 homes in Melbourne Village that have changed hands since 2004, built between 1944 and 2022 (median 1960), with a median living area of about 1,873 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 3 qualified sales in Melbourne Village across 2024–2025 (2 in 2024, 1 in 2025), median $532,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Melbourne Village is best for.
Best for
- Buyers targeting a particular home in Melbourne who value location over shared amenities
- Patient buyers who can wait for the right listing and move decisively when it appears
- Owners planning to update or maintain a specific property and price it on its own merits
Probably not for
- Buyers who want a resort-style or gated amenity package built into the community
- Shoppers who need a wide, always-available inventory to compare
- Buyers who rely on a dense recent comp set to feel confident on value
The market around Melbourne Village
Melbourne Village is too small for its own price trend, so here is the market around it.
In ZIP 32904, 234 homes are on the market and 27% are under contract — a steady corner of Melbourne.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32904 (Melbourne), 2,187 homes closed in the last 12 months at a median of $319K ($189/sq ft), down 1.1% year over year, with a median 49 days on market. Right now 35 active and 10 pending listings put supply at about 5.1 months — a balanced market. See the live ZIP 32904 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Melbourne Village specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Melbourne Village 5Th Sec, Melbourne
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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 September 2026 through September 2026. Deemed reliable but not guaranteed.
The Melbourne Village buying strategy.
If we were buying in Melbourne Village 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 Melbourne Village.
A house-by-house market
With no community amenities surfacing from current MLS listings, there's no HOA-driven amenity story to sell or subsidize value here. What you're buying is the home itself and its position in Melbourne — proximity to the surrounding city, not a resort-style package. That keeps carrying costs simpler but puts all the weight on the property's own condition and layout.
Because activity is so light right now, treat any single data point with care. One closing does not establish a trend, and it's not enough to define a reliable price band. The honest approach is to evaluate each listing on its merits — updates, systems, lot, and how it compares to nearby Melbourne options — rather than assuming the section moves as a block.
The location and the amenities are priced into every listing in Melbourne Village. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume section like this, the value of local judgment goes up, not down. We won't pretend a thin comp set tells a clean story; we'll price and negotiate from the actual house in front of us and the broader Melbourne context, and we'll tell you plainly when a given listing isn't worth what's being asked.
Melbourne Village in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Melbourne Village 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 Melbourne Village sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Melbourne Village, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Melbourne Village home worth?
Get a no-obligation home value based on real comparable sales in Melbourne Village, 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 all homes for sale in Melbourne →
Frequently Asked Questions
How many homes are in Melbourne Village?
What share of Melbourne Village is owner-occupied?
When were the homes in Melbourne Village built?
Who is the best real estate agent for Melbourne Village?
How do I find a top Melbourne real estate agent who knows Melbourne Village?
Can Momentum Realty connect me with an agent for Melbourne Village?
Where is Melbourne Village, and what county is it in?
Should you buy in Melbourne Village?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32904)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (25 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 local 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.
See how Melbourne Village 5Th Sec fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Melbourne Village with Momentum Realty’s local guides.