Pineda Ridge
Homes for Sale in Melbourne, FL
All 756 homes for sale in Melbourne, FL · median $394,950 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Space Coast MLS
As of October 2026, Pineda Ridge Subdivision in Melbourne, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 13 recorded sales closed at a median of $469,900, $235 per square foot, a median 54 days on market, sellers accepting 96% of original asking (-9% versus the prior year). Homes listed or recently sold were built 2008–2014; 13 of 13 report an HOA (median $60/mo); 1 of the 13 geocoded homes sit in a FEMA special flood hazard zone (median elevation 35 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,330 ($6,710 with the full homestead exemption).
Pineda Ridge Subdivision is a Melbourne neighborhood where condition and lot position drive the spread. The median sits at $472,500 and $235/ft², but individual homes vary based on updates, pool presence, and whether you're interior or backing to green space. The subdivision itself offers no recorded community amenities—no pool, no clubhouse—so you're buying the location and the lot, not a lifestyle package.
The market has softened year-over-year, down 8.3%, and homes are sitting longer—60 days median compared to the faster pace we saw in previous cycles. Nine closings in the trailing window and a heat score of 21 signal a buyer-favorable environment. Sellers who price to condition and compare carefully are moving; those who don't are watching days stack up. If you're shopping here, expect negotiation room and time to evaluate multiple properties without urgency.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Pineda Ridge right now
🟡 Balanced market. 2.8 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 20, 2026. Confidence: High (3 active and pending listings, 13 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($470K) is down 8.8% from the prior 12 months ($515K). With about a dozen 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 September 20. Confidence: Low (13 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 20, 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
Pineda Ridge market snapshot (as of September 20, 2026): the median sale price is about $470K ($235 per sq ft over the trailing 12 months of closed sales), a median 54 days on market for closed sales, and 2.8 months of supply, a balanced market. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level Space Coast MLS closed sales (13 closings in the current window).
In ZIP 32922 (Melbourne), 206 homes closed in the last 12 months at a median of $275K ($188/sq ft), down 2.6% year over year, with a median 41 days on market. Right now 41 active and 10 pending listings put supply at about 4.1 months — a balanced market. See the live ZIP 32922 housing market and the Brevard County market.
County records show 5 qualified sales in Pineda Ridge across 2024–2025 (3 in 2024, 2 in 2025), median $515,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pineda Ridge is a community of 140 homes in Melbourne, Brevard County, built between 2007 and 2015 (median 2013.0), with a median living area of about 2,731 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Pineda Ridge Subdivision is a no-frills Melbourne neighborhood where buyers pay for location in Central Brevard, not for resort-style amenities or a master-planned community experience.
The setting & the homes.
Aerial and on-site photos of Pineda Ridge. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Pineda RidgePhotos from Space Coast MLS listings in Pineda Ridge; content deemed reliable but not guaranteed.
Who Pineda Ridge is best for.
Best for
- Buyers prioritizing Melbourne location and value per square foot over community lifestyle features
- Buyers comfortable evaluating individual home condition and negotiating repairs in a slower market
- Buyers seeking a single-family detached home near Pineda Causeway without HOA amenity overhead
Probably not for
- Buyers who want a community pool, fitness center, or social calendar included in the HOA
- Buyers expecting rapid price recovery or turnkey condition at every price point
- Buyers who need fast liquidity or plan to resell within two years in a market still adjusting downward
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($470K) IS the median in the snapshot above, and the move from 2025 ($515K) IS the -8.8% one-year change.
Windows contain 0 to 14 sales each (13 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 2011 through 2026. Deemed reliable but not guaranteed.
32% of homes for sale in ZIP 32940 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 (2026-10-20).
Pineda Ridge Market Scorecard
Pineda Ridge is currently a balanced market. About 2.8 months of supply, a median asking price of $454,900.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Pineda Ridge
Live MLS inventory for Pineda Ridge. 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 Pineda Ridge listings as of 2026-10-20, priced high to low. Based on information from the Space Coast MLS for the period 2011 through 2026. Tap any home to ask about it.
Pineda Ridge on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Sherwood · Elementary
- Johnson · Middle
- Viera · High
Zoned schools reflect the assignments reported on recent Pineda Ridge listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Pineda Ridge address.
Shop the zone: Homes zoned for Viera High School
The Pineda Ridge buying strategy.
If we were buying in Pineda Ridge 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 Pineda Ridge.
What the market posture means for your decision
With homes taking 60 days to sell and prices off by more than eight percent year-over-year, this is a market that rewards patience and diligence. The median of $472,500 reflects a range of conditions—some homes are move-in ready, others need cosmetic or mechanical attention. Because there are no community amenities to standardize value, every comp matters, and condition is the primary variable.
The softer activity level means you can tour multiple properties, schedule inspections without competing offers, and negotiate repairs or price adjustments. Sellers still moving quickly are those who've priced below recent comps or are offering a home in demonstrably better condition. For buyers, this is a window to secure a solid Central Brevard address without the pressure that defined the prior cycle.
For sellers, the message is straightforward: your home competes on price and presentation, not on community perks. Pre-listing inspections, targeted updates, and realistic pricing based on recent closed sales—not aspirational list prices—are what move properties here now.
The location and the amenities are priced into every listing in Pineda Ridge. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Pineda Ridge buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.4). Basis: Recent Direction -8.8% year-over-year; Liquidity & Demand 2.8 months of supply; Owner Commitment 74% owner-occupied; Pricing Power 95.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Pineda Ridge requires comp discipline and condition assessment—there's no amenity package to anchor value, so every negotiation hinges on how your target stacks up against recent closings. Momentum pulls the Space Coast MLS daily, tracks which updates buyers will pay for and which they won't, and knows when a home priced at median is actually a value play or a project in disguise. We'll walk the property with you, flag deferred maintenance before you're under contract, and build an offer that reflects the current 60-day, negotiation-friendly market—not the velocity of two years ago.
Pineda Ridge in 15 seconds.
Tools for a Pineda Ridge 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 Pineda Ridge sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pineda Ridge, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pineda Ridge home worth?
Get a no-obligation home value based on real comparable sales in Pineda Ridge, 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 →
| Location | Melbourne, Brevard County, FL · ZIP 32922, 32940 |
|---|---|
| Homes in the community | 140 (FL DOR 2025 assessment roll) |
| Years built | 2007–2015 (median 2013.0) |
| Typical living area | 2,731 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Gated, Management - Full Time, Management - Off Site, Security Gate, Curbs, Maintenance Grounds |
| Sale prices, last 12 months | $469,900 median across 13 closed sales · $235 per sq ft · -8.8% vs the prior 12 months |
| Days on market (closed sales) | 54 median |
| For sale right now | 3 active, 0 pending · median asking $454,900 · 2.8 months of supply |
| Owner-occupied (homestead) share | 74% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2011 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Pineda Ridge key facts,” movewithmomentum.com/neighborhoods/pineda-ridge-subdivision, data as of September 20, 2026.
Just listed in Pineda Ridge
The newest homes for sale in Pineda Ridge right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 4854 Borealis Court $447,000 · 3 bd · 2 ba · 1,959 sq ft · new today Courtesy of Real Broker LLC
- 3020 Constellation Drive $454,900 · 3 bd · 2 ba · 1,698 sq ft · new today Courtesy of EXP Realty, LLC
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Pineda Ridge Subdivision Right Now (3)
All 3 active and pending Pineda Ridge Subdivision listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4854 Borealis Court · $447,000 · 3 bd / 2 ba · listed Jul 22, 2026 · listed by Real Broker LLC
- 3020 Constellation Drive · $454,900 · 3 bd / 2 ba · listed Jul 22, 2026 · listed by EXP Realty, LLC
- 3212 Constellation Drive · $484,900 · 4 bd / 2.5 ba · pending · listed Jul 22, 2026 · listed by Denovo Realty
Recently sold in Pineda Ridge Subdivision
- 3152 Constellation Drive · sold $469,900
- 3175 Constellation Drive · sold $455,000
- 3184 Constellation Drive · sold $445,000
- 3079 Constellation Drive · sold $500,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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Melbourne guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Flood zones
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
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What it really costs to own in Pineda Ridge
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $5,369/yr across 10 listings here (MLS tax records, 2026-10-20). |
|---|---|
| HOA dues | Median $60/month across 11 MLS listings (most billed quarterly; 2026-10-20). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2013 across 10 listings. An original roof here is about 13 years old: still inside the 15-year window Florida carriers use, but ask for the roof's permit date before you bind coverage. |
Email me new listings in Pineda Ridge
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Pineda Ridge
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Pineda Ridge will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Pineda Ridge?
How long do homes in Pineda Ridge take to sell?
Is Pineda Ridge a buyer's or seller's market right now?
How many homes are in Pineda Ridge?
What share of Pineda Ridge is owner-occupied?
When were the homes in Pineda Ridge built?
Who is the best real estate agent for Pineda Ridge?
How do I find a top Melbourne real estate agent who knows Pineda Ridge?
Can Momentum Realty connect me with an agent for Pineda Ridge?
Where is Pineda Ridge, and what county is it in?
Is Pineda Ridge a good place to live?
Should you buy in Pineda Ridge?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 20, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32922/32940)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2011 (123 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 →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Pineda Ridge Subdivision fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Pineda Ridge with Momentum Realty’s local guides.
More on Pineda Ridge
- Home values · What homes in Pineda Ridge actually sell for