Modern Duran
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $1.35M
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Built fromLive Space Coast MLS data9 years of closingsUpdated twice daily
Live · Modern Duran Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.35M
Median sold · 12 mo
$460/sf
Sold $/sqft · 12 mo
peak $460 in 2026
94.1%
Sale vs ask
Brevard median: 96.2%
Tempo
33days
Median DOM · closed
2 days at the 2018 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Track record · 9 years of records
2,850sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Modern Duran sits at the upper end of the Melbourne market, with a median around $1,350,000 and a median near $460 per square foot. At this level, price is driven by finish quality, build, and lot far more than by any single number — the median tells you the neighborhood's altitude, not what any given home will trade for. Expect a wide spread underneath that figure, sorted by condition and design.

The pace is measured rather than frantic: a median of 33 days on market, just over a month. That is not a bidding-war signal, and it is not a stale one either. For sellers, it means correctly priced, well-presented homes move on a normal timeline and overpricing gets punished. For buyers, there is room to underwrite carefully and negotiate on merit — this is a market where diligence pays more than speed.

The 60-Second Overview

Modern Duran market snapshot (as of July 15, 2026): the median sale price is about $1.35M ($460 per sq ft over the trailing 12 months of closed sales), and a median 33 days on market for closed sales.

Modern Duran is a high-price-point pocket of Melbourne in Brevard County where the number that matters is what you're buying, not just what you're spending — at this tier, condition and design set the price.

Best for

  • Buyers with a seven-figure budget seeking high-end finish and build in Melbourne
  • Buyers willing to underwrite a home on its own condition rather than lean on a short comp history
  • Sellers of upper-tier homes ready to price to a roughly month-long market timeline

Probably not for

  • Buyers working below the luxury price point who need more inventory options
  • Buyers who want shared community amenities baked into the value
  • Sellers expecting a fast, above-median sale without matching condition and pricing

Windows contain 0 to 3 sales each (3 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.

Homes sold per 12-mo window
012320182020202220242026
0 to 3 a year; 3 in the current window.

If we were buying in Modern Duran 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 Modern Duran.

Best Buy
Buyers shopping the luxury end of Melbourne who value finish and build over shared amenities.
Biggest Risk
A thin recent closing record makes comps less reliable, so condition-based underwriting matters.
Sweet Spot
A well-built, well-updated home priced honestly against its price per square foot.
Avoid If
You need a lower price point or expect community amenities to justify the cost.

Reading a seven-figure median

A median of $1,350,000 and roughly $460 per square foot puts Modern Duran firmly in luxury territory for the Space Coast. The per-square-foot figure is the more useful lever here: it lets you sanity-check whether you're paying for square footage or for the level of finish, and those two things diverge sharply at this price. Two homes with the same asking price can be very different buys once you account for build quality and updates.

No community amenities surfaced in the current MLS listings, so the value proposition rests on the homes and the location rather than shared facilities. That is not a knock — it simply means your underwriting should center on the individual property. With a small recent closing window, treat comps as a starting point and lean on current condition, not just past sales, to gauge value.

The location and the amenities are priced into every listing in Modern Duran. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

At this price tier with a thin recent closing record, the difference between a good buy and an overpay comes down to reading finish, build, and lot against price per square foot — not just eyeballing the sticker. We underwrite each home on its own merits, tell you when a listing is priced ahead of its condition, and price sellers to the 33-day reality of this market rather than to hope.

Modern Duran in 15 seconds.

Best forBuyers shopping the luxury end of Melbourne who value finish and build over shared amenities.
Biggest advantageA measured pace — just over a month on market — leaves room for real diligence and negotiation.
Biggest riskA thin recent closing record makes comps less reliable, so condition-based underwriting matters.
Sweet spotA well-built, well-updated home priced honestly against its price per square foot.
Avoid ifYou need a lower price point or expect community amenities to justify the cost.

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 Modern Duran sales matched to your home.

What is your Modern Duran home worth?

Get a no-obligation home value based on real comparable sales in Modern Duran, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Modern Duran?
The median sale price in Modern Duran was $1.35M over the 12 months ending July 15, 2026 (3 closed sales, Space Coast MLS).
How long do homes in Modern Duran take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 33 days on market (3 sales, Space Coast MLS).
Who is the best real estate agent for Modern Duran?
The best agent for Modern Duran 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 Modern Duran.
How do I find a top Melbourne real estate agent who knows Modern Duran?
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 Modern Duran and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Modern Duran?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Modern Duran purchase or sale - no call center and no pressure.
Buyers with a seven-figure budget seeking high-end finish and build in MelbourneExcellent fit
Buyers willing to underwrite a home on its own condition rather than lean on a short comp historyExcellent fit
Sellers of upper-tier homes ready to price to a roughly month-long market timelineExcellent fit
Buyers working below the luxury price point who need more inventory optionsProbably not
Buyers who want shared community amenities baked into the valueProbably not
Sellers expecting a fast, above-median sale without matching condition and pricingProbably 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 2017 (14 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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