Oakwood Village in Palm Bay

Oakwood Village

Palm Bay · Brevard County

A deed-restricted villa community in northeast Palm Bay with a pool, tennis, and one entrance.

Villa community, one entranceHeated pool and tennisLow-maintenance living
Live Market Pulse
57/100
Momentum
Balanced Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Oakwood Village

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseSpace Coast MLS
$156K
Median Price
12mo
Supply
n/a
Avg DOM
Balanced
Seller Leverage
$177/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Oakwood Village, also known as Oakwood Villas, is a deed-restricted villa community in northeast Palm Bay, reported at roughly 280 villas with a single entrance, a heated pool, two tennis courts, and games like shuffleboard, horseshoes, and billiards. Homes are reported as compact, roughly 800 to 1,300 square feet. The read is low-maintenance amenity living at an attainable price near Interstate 95. The buy turns on the specific villa, the lot, condition, and confirming the current dues, what they cover, and any age or use restrictions, since this is a deed-restricted association."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Oakwood Village market snapshot (as of June 17, 2026): the median sale price is about $156K ($177 per sq ft), a balanced market (limited data). Based on 2 recent closings in live Space Coast MLS data.

Oakwood Village (also marketed as Oakwood Villas) is a deed-restricted villa community in northeast Palm Bay (ZIP 32905), Brevard County, reported with a single entrance and exit to the subdivision (neighborhoods.com, Oakwood Villas POA).

Homes are reported as compact villas, roughly 800 to 1,300 square feet, at attainable price points. Confirm the specific villa and its square footage with the listing.

Amenities are reported as a heated community pool, two tennis courts, and games including shuffleboard, horseshoes, and billiards, with sidewalks throughout. Confirm the current amenity list and what the dues cover with the POA.

Because this is a deed-restricted association of compact villas, the decision is unit-and-condition specific. Read the villa, the lot, condition, and confirm the current dues, what they cover, and any age or use restrictions, then comp within the community.

Best for

  • Buyers who want low-maintenance villa living with a pool and tennis at attainable pricing
  • Buyers who value a single-entrance, deed-restricted community near Interstate 95
  • Buyers who will confirm the dues, what they cover, and any restrictions before offering

Probably not for

  • Buyers who want a large single-family home or estate lot
  • Buyers who want a no-HOA or fully unrestricted setting
  • Buyers who want a coastal or waterfront location

How Oakwood Village is performing right now

57/100
momentum
Balanced Market (limited data)
Seller's marketBalancedBuyer's market
12Months of supplytight
72Median days on marketdays
2 : 2Under contract vs for salestrong demand
2Sold in last 12 monthsliquidity
+13%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Oakwood Village listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Oakwood Village buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Oakwood Village

Live MLS inventory for Oakwood Village. 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 Oakwood Village listings as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Interstate 95~5 min · quick access west, approximate
US-1 / Indian River~5 to 10 min · east, approximate
Downtown Melbourne~15 to 20 min · north
Melbourne Orlando Int'l Airport~15 to 20 min · north, approximate
Atlantic beaches (Melbourne Beach)~20 to 30 min · east to the coast

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Oakwood Village with Momentum Realty’s local guides.

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Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Oakwood Village (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Oakwood Village is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Oakwood Village address.

The takeaway

What actually shapes value at Oakwood Village, sourced and dated. We do not publish rumor.

Recent Developments in Oakwood Village

Our read on what is being built around Oakwood Village, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is a deed-restricted, single-entrance villa community with a heated pool and tennis at attainable pricing near Interstate 95. The watch items are the dues and what they cover, any age or use restrictions, the villa's condition, and the lot.

Single-entrance, deed-restricted villa community

BullishOne entrance and deed restrictions support a quiet, consistent setting with low traffic, which appeals to low-maintenance buyers; confirm the restrictions per unit. impact
SignificanceRadius: Community

Single-entrance, deed-restricted villa community

Pool, tennis, and games at attainable pricing

BullishA heated pool, two tennis courts, and shared games support steady demand from buyers wanting amenities without a high price; confirm what the dues cover. impact
SignificanceRadius: On-site

Pool, tennis, and games at attainable pricing

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Oakwood Village, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. Reported
    Community

    Deed-restricted villa community of roughly 280 villas, single entrance

    Oakwood Village (Oakwood Villas) is reported as a deed-restricted northeast Palm Bay villa community of roughly 280 villas with a single entrance, a heated pool, two tennis courts, and games, with compact homes (roughly 800 to 1,300 square feet) (neighborhoods.com). Treat figures as reported and confirm with the listing and the POA. Why it matters: Low-maintenance amenity living at an attainable price is the draw; value turns on the villa, condition, and what the dues cover. Source

Development alerts for Oakwood VillageGet a short monthly email when something new is approved, funded, or opens near Oakwood Village.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Oakwood Village, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the current dues and what they cover in writing with the POA, including the pool, tennis, and any exterior maintenance.

2

Confirm any age or use restrictions in the deed-restricted documents, including any rental or pet rules.

3

Read the villa and the lot, since corner and end units and better lots can carry a premium.

4

Read condition on the specific villa, the roof, HVAC, and systems.

5

Comp within Oakwood Village, not the wider Palm Bay market.

Best Buy
An updated villa on a good lot, with the dues, what they cover, and any restrictions all confirmed.
Biggest Risk
Assuming what the dues cover or missing a use or rental restriction in the deed-restricted documents.
Best Lot
Corner and end units and better lots can carry a premium over interior units within the community.
Smart Timing
Confirm the dues, what they cover, and any restrictions before you write.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Oakwood Village, also known as Oakwood Villas, is a deed-restricted villa community in northeast Palm Bay (32905), Brevard County, reported at roughly 280 villas with a single entrance, a heated pool, two tennis courts, and games including shuffleboard, horseshoes, and billiards, with sidewalks throughout. Homes are compact villas (roughly 800 to 1,300 square feet). A Property Owners Association funds the amenities and common areas; confirm the current dues, what they cover, and any age or use restrictions with the POA. It is zoned to Brevard Public Schools by address; verify with the district. Confirm CDD/HOA with the listing.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: smaller interior villas
$148K to $148K

The most attainable homes are the smaller interior villas. Confirm the dues, what they cover, and condition before assuming a value.

Lowest entry
Mid: updated or better-lot villas
$148K to $165K

The middle is updated villas or those on corner or end lots. Condition and the lot separate these more than square footage.

Most inventory
High: renovated end units
$165K to $165K

The top end is renovated end or corner villas. These trade on condition, the lot, and the outdoor space.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$148K to $148K
Entry: smaller interior villas
The most attainable homes are the smaller interior villas. Confirm the dues, what they cover, and condition before assuming a value.
$148K to $165K
Mid: updated or better-lot villas
The middle is updated villas or those on corner or end lots. Condition and the lot separate these more than square footage.
$165K to $165K
High: renovated end units
The top end is renovated end or corner villas. These trade on condition, the lot, and the outdoor space.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Palm Bay locationStrong
Scarce, established homesitesStrong
Established, in-demand locationPositive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Oakwood Village

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The pool, the tennis, and the single-entrance setting are priced into every Oakwood Village listing. The deal is won on the villa, condition, and what the dues cover, not the sticker.

Jon Brooks · Founder, Momentum Realty
7.3B · Buy Score
Resale Strength7.3/10
Renovation Risk5.0/10
Location Efficiency7.6/10
Long-Term Defensibility7.2/10
Carrying Cost Advantage7.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Oakwood Village is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take
  • Corner and end units can carry a premium.
  • Confirm any use or rental restriction per unit.
  • Comp within the community by villa and condition.

In a deed-restricted villa community like Oakwood Village, the unit, its condition, and the lot set value. Corner and end units with more outdoor space hold value better than interior units, and updated villas command the top of the range. Compare a villa against the closest sale within the community, and confirm the dues, what they cover, and any use or rental restriction before the finishes.

Oakwood Village in 15 seconds.

Best forBuyers who want low-maintenance villa living with a pool and tennis at attainable Palm Bay pricing near I-95.
Strong onA heated pool, two tennis courts, shared games, a single-entrance setting, and sidewalks throughout.
WatchThe dues and what they cover, any age or use restrictions, the villa's condition, and the lot.
Not forBuyers who want a large single-family home, a no-HOA setting, or a coastal location.
The edgeCondition and the unit's lot drive value here, so a renovated villa on a good lot is the find.

HOA, CDD & Fees

15-Second Take
  • Deed-restricted villa community with a POA; confirm dues.
  • Reported amenities: heated pool, two tennis courts, and games.
  • Single entrance keeps traffic low; confirm any use restrictions.
  • Corner and end units can carry a premium.
  • Confirm exactly what the dues cover before you offer.

Oakwood Village (Oakwood Villas) is a deed-restricted community with a Property Owners Association; dues fund the heated pool, tennis courts, games, sidewalks, and common areas, and often exterior maintenance in villa communities. Treat any figure as reported and confirm the current dues and exactly what they cover with the POA. Confirm CDD/HOA with the listing.

Dues generally cover the pool, tennis courts, shared games, common areas, and may include exterior or grounds maintenance. Confirm exactly what is included for the specific villa.

No golf club; reported amenities are a heated community pool, two tennis courts, and games including shuffleboard, horseshoes, and billiards, with sidewalks throughout. Confirm the current amenity list with the POA.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Oakwood Village, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Oakwood Village, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Oakwood Village home worth?

Get a no-obligation home value based on real comparable sales in Oakwood Village matched to your condition, lot, and view, 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 Oakwood Village on the map →
Or get your Oakwood Village home value & selling guide →

Real comps, not a Zestimate.

Oakwood Village Market Scorecard

Balanced Market (limited data)

Oakwood Village is currently a balanced market (limited data). About 12.0 months of supply, a median asking price of $192,750.

12.0
Months supply
$192,750
Median list
$156,250
Median sold
$177
Per sqft
n/a
Days on mkt
2/2/2
Active/Pend/Sold

Typical home value in the 32905 ZIP is $236,276, about 16.1% 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Oakwood Village the same as Oakwood Villas?
Yes. Oakwood Village is also marketed as Oakwood Villas, a deed-restricted villa community in northeast Palm Bay with a Property Owners Association.
What kinds of homes are in Oakwood Village?
Compact villas reported at roughly 800 to 1,300 square feet, designed for low-maintenance living. Confirm the specific villa with the listing.
What amenities does Oakwood Village have?
Reported amenities are a heated community pool, two tennis courts, and games including shuffleboard, horseshoes, and billiards, with sidewalks throughout. There is no golf club. Confirm with the POA.
Is Oakwood Village a deed-restricted community?
Yes. It is reported as a deed-restricted community with a single entrance and exit. Confirm the specific restrictions, including any age, rental, or pet rules, in the governing documents.
What are the HOA fees at Oakwood Village?
Dues fund the pool, tennis, games, common areas, and often exterior maintenance. Treat any figure as reported and confirm the current dues and what they cover with the POA. Confirm CDD/HOA with the listing.
Is Oakwood Village a 55+ community?
Sources do not consistently confirm an age restriction. Confirm any age or use restriction in the deed-restricted documents with the POA before relying on it.
Where is Oakwood Village located?
In northeast Palm Bay (32905), Brevard County, within a few minutes of Interstate 95 for quick access around the Space Coast.
What schools serve Oakwood Village?
It is zoned to Brevard Public Schools by home address; assignments change, so verify the exact zoned schools with the district.
How far is Oakwood Village from the beach?
The Atlantic beaches near Melbourne Beach are roughly 20 to 30 minutes east. Drive times are approximate and vary with traffic.
Is Oakwood Village a good investment?
A deed-restricted villa community with a pool and tennis at attainable pricing near I-95 supports steady demand, but value is unit-and-condition specific. Confirm the dues, what they cover, any restrictions, and condition before deciding.
Can I rent out a villa in Oakwood Village?
Rental rules vary in deed-restricted communities. Confirm any rental or leasing restriction in the governing documents with the POA before you offer.
Should I use the listing agent to buy in Oakwood Village?
No. The listing agent works for the seller. In a deed-restricted villa community where the dues, restrictions, and the unit drive value, having your own representation to read the documents and the comps is the highest-leverage decision you make.
You want low-maintenance villa living with a pool and tennis at attainable pricingExcellent fit
You value a single-entrance, deed-restricted community near Interstate 95Excellent fit
You will confirm the dues, what they cover, and any restrictions before offeringExcellent fit
You want a large single-family home or estate lotProbably not
You want a no-HOA or fully unrestricted settingProbably not
You want a coastal or waterfront locationProbably not

Get the inside read on Oakwood Village

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Oakwood Village home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Oakwood Village specialist will reach out personally, usually the same day.

Space Coast MLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

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