Pine Grove
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $250,000, $264 per square foot, a median 17 days on market, sellers accepting 94% of original asking. At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $3,900 ($3,280 with the full homestead exemption).
Price here is driven by the individual home, not by shared amenities. With a median of $250,000 and a median of about $264 per square foot, condition and lot do most of the talking. There is no clubhouse, pool, or gate to underwrite value, so what you pay tracks closely to how well a given house has been kept and updated.
The market posture is brisk but not frantic. A median of 17 days on market means well-priced, presentable homes move quickly, while anything overpriced or dated will sit. Year-over-year values are up 2.0%, which reads as steady rather than surging. Sellers should not assume the market will bail out an ambitious ask; buyers should be ready to act on the right listing without expecting deep discounts.
The 60-Second Overview
Pine Grove market snapshot (as of September 12, 2026): the median sale price is about $250K ($264 per sq ft over the trailing 12 months of closed sales), and a median 17 days on market for closed sales.
Pine Grove No 1 is a small, home-by-home pocket of Melbourne with no community amenities on current MLS listings. That keeps the focus squarely on the house itself and its location in Brevard County.
Who Pine Grove is best for.
Best for
- Buyers with a budget centered on the $250,000 median who want no HOA amenity costs
- Buyers ready to move decisively on a well-priced listing in a 17-day-median market
- Buyers who value condition and location over shared community features
Probably not for
- Buyers who want a pool, gate, clubhouse, or other maintained amenities
- Buyers expecting a wide, predictable menu of comparable inventory to choose from
- Buyers counting on guaranteed future gains rather than a steady, modest market
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($250K) IS the median in the snapshot above.
Windows contain 0 to 5 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 2005 through 2025. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
28% of homes for sale in ZIP 32904 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-08).
The Pine Grove buying strategy.
If we were buying in Pine Grove 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 Pine Grove.
A condition-driven market
With no HOA amenities identified from current listings, there is no shared feature set to standardize value. That widens the spread between homes: an updated, move-in-ready house and a tired one can carry very different price tags even on similar footprints. The median per-square-foot figure of roughly $264 is a useful anchor, but expect real variation around it depending on kitchens, roofs, and systems.
The recent read rests on a thin window of five closings, so treat any single stat as directional rather than definitive. A 17-day median tells you demand is real for correctly priced inventory. When you find a listing you like, come with your financing squared away and your inspection expectations clear, because the good ones do not linger.
The location and the amenities are priced into every listing in Pine Grove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small market with few closings and no amenity story to lean on, pricing and condition analysis is everything. We read each home on its own merits against the $250,000 median and the roughly $264 per-square-foot benchmark, then tell you plainly where a listing sits and what it will actually take to buy or sell it.
Pine Grove 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 Pine Grove 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 Pine Grove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pine Grove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pine Grove home worth?
Get a no-obligation home value based on real comparable sales in Pine Grove, 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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Frequently Asked Questions
What is the median home price in Pine Grove?
How long do homes in Pine Grove take to sell?
Who is the best real estate agent for Pine Grove?
How do I find a top Melbourne real estate agent who knows Pine Grove?
Can Momentum Realty connect me with an agent for Pine Grove?
Should you buy in Pine Grove?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2005 (51 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.
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See how pine grove no 1 fits the bigger picture — live prices, inventory, and Momentum Scores: