Oak Grove At W Melbourne Phase 1
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $489K
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Live Market Pulse
33/100
Market Heat
Cooler than normal
2014 → 2026 · 87 at the 2023 peak
0 is Oak Grove At W Melbourne Phase 1's coldest market since 2014, 100 its hottest. Today: 33. How it's scored
Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Live · Oak Grove At W Melbourne Phase 1 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$489K
Median sold · 12 mo
up 2.9% vs the prior 12 months
+2.9%
1-yr price change
n = 5 and 7 sales in the two windows
$228/sf
Sold $/sqft · 12 mo
peak $247 in 2023
94.2%
Sale vs ask
Brevard median: 96.2%
Tempo
30days
Median DOM · closed
3 days at the 2021 low
5
Sold · last 12 mo
10-yr average: about 5 a year
Track record · 22 years of records
2,073sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Oak Grove At W Melbourne Phase 1 is a small, thinly traded pocket in West Melbourne, with only about five recent closings behind the current snapshot. That means the median price near $489,000 and the roughly $228 per square foot figure are directional, not gospel — a single unusual sale moves the whole picture. Price here is driven far more by home condition, lot, and finish level than by any published range, so treat the median as a center of gravity and expect real spread around it.

The market posture is lukewarm: a heat score of 33 and a median of about 30 days on market point to a balanced, unhurried pace rather than a bidding-war environment. Year-over-year values are up a modest 2.9 percent, which reads as steady rather than surging. For buyers, that means room to inspect and negotiate. For sellers, it means pricing to the median and presenting the home well matters more than hoping momentum carries it.

Oak Grove At W Melbourne Phase 1 Housing Pulse · Momentum Research · as of July 15, 2026

Oak Grove At W Melbourne Phase 1 right now

🟡 Still climbing. The trailing-12-month median ($489K) is up 2.9% from the prior 12 months ($475K). With about 5 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 7 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

Oak Grove At W Melbourne Phase 1 market snapshot (as of July 15, 2026): the median sale price is about $489K ($228 per sq ft over the trailing 12 months of closed sales), and a median 30 days on market for closed sales. The trailing-12-month median is up 3% from the prior 12 months, computed from record-level Space Coast MLS closed sales (5 closings in the current window).

This is a compact West Melbourne enclave with a low transaction count, so pricing tells you more about individual homes than about a broad market trend. The pace is measured, and there are no shared community amenities identified in current listings.

Best for

  • Buyers targeting the roughly $489,000 range who value a West Melbourne location
  • Purchasers who want time to inspect and negotiate rather than rush a bid
  • Owner-occupants prioritizing the house itself over shared facilities

Probably not for

  • Buyers who need resort-style or HOA-run amenities on site
  • Investors counting on rapid, momentum-driven appreciation
  • Shoppers who want a deep, high-volume market with many comparable choices

Windows contain 1 to 10 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$400K$500K20122014201620182020202220242026
Up 2.9% year over year.
Every sale since 2004 · price vs size
$0$200K$400K$600K2k3k
129 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $71 in 2012 to a $247 peak in 2023; $228 now.
Median days on market · closed sales
025507520122014201620182020202220242026
3 days at the 2021 low; 30 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
94.2% now vs Brevard 96.2%.
Homes sold per 12-mo window
051020122014201620182020202220242026
1 to 10 a year; 5 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202020222026
87 at the 2023 peak, 16 in the troughs, 33 now. Same score as the hero card, full history.

If we were buying in Oak Grove At W Melbourne Phase 1 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 Oak Grove At W Melbourne Phase 1.

Best Buy
Buyers who want a West Melbourne address and are comfortable evaluating homes one at a time.
Biggest Risk
Thin closing volume makes the median less reliable as a pricing guide.
Sweet Spot
A well-maintained home priced near the mid-$480s median with a solid comparable behind it.
Avoid If
You need shared community amenities or fast-moving appreciation.

A thin-volume market where condition sets the price

With roughly five closings in the reference window, Oak Grove behaves like a small-sample market: statistics are useful but fragile. The median near $489,000 and about $228 per square foot give you a reasonable anchor, but you should weight the specifics of any given home — updates, square footage, and lot — heavily above the community average. A comparable-sales analysis on the exact home matters more here than in a high-volume neighborhood.

No community amenities show up in the current MLS listings, so value is tied to the houses themselves and the West Melbourne location rather than shared facilities. The near-30-day median on market and modest 2.9 percent year-over-year change describe a market that rewards patience and accurate pricing on both sides of the table.

The location and the amenities are priced into every listing in Oak Grove At W Melbourne Phase 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-volume community like this, averages can mislead. We build the price case from the specific home in front of you — its condition, square footage, and the handful of relevant comparables — rather than leaning on a thin median. Whether you are buying or selling, that granular read is what keeps you from over- or under-pricing in a market this small.

Oak Grove At W Melbourne Phase 1 in 15 seconds.

Best forBuyers who want a West Melbourne address and are comfortable evaluating homes one at a time.
Biggest advantageA measured pace and balanced conditions leave room to inspect and negotiate.
Biggest riskThin closing volume makes the median less reliable as a pricing guide.
Sweet spotA well-maintained home priced near the mid-$480s median with a solid comparable behind it.
Avoid ifYou need shared community amenities or fast-moving 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 Oak Grove At W Melbourne Phase 1 sales matched to your home.

What is your Oak Grove At W Melbourne Phase 1 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Oak Grove At W Melbourne Phase 1?
The median sale price in Oak Grove At W Melbourne Phase 1 was $489K over the 12 months ending July 15, 2026 (5 closed sales, Space Coast MLS).
How long do homes in Oak Grove At W Melbourne Phase 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 30 days on market (5 sales, Space Coast MLS).
Who is the best real estate agent for Oak Grove At W Melbourne Phase 1?
The best agent for Oak Grove At W Melbourne Phase 1 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 Oak Grove At W Melbourne Phase 1.
How do I find a top Melbourne real estate agent who knows Oak Grove At W Melbourne Phase 1?
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 Oak Grove At W Melbourne Phase 1 and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Oak Grove At W Melbourne Phase 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Oak Grove At W Melbourne Phase 1 purchase or sale - no call center and no pressure.
Buyers targeting the roughly $489,000 range who value a West Melbourne locationExcellent fit
Purchasers who want time to inspect and negotiate rather than rush a bidExcellent fit
Owner-occupants prioritizing the house itself over shared facilitiesExcellent fit
Buyers who need resort-style or HOA-run amenities on siteProbably not
Investors counting on rapid, momentum-driven appreciationProbably not
Shoppers who want a deep, high-volume market with many comparable choicesProbably 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 2004 (129 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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