Tralee Bay Shores
Homes for Sale in Melbourne, FL
All 714 homes for sale in Melbourne, FL · median $399,000 · 278 homes for sale in 32940 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of September 2026, Tralee Bay Shores in Melbourne, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $741,500, $293 per square foot, a median 31 days on market, sellers accepting 97% of original asking. Homes listed or recently sold were built 2010–2016; 7 of 7 report an HOA (median $150/mo). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $11,570 ($10,950 with the full homestead exemption).
| Location | Melbourne, Brevard County, FL · ZIP 32940 |
|---|---|
| Homes in the community | 72 (FL DOR 2025 assessment roll) |
| Years built | 2007–2023 (median 2013.0) |
| Typical living area | 3,608 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Park, Tennis Court(s), Playground, Basketball Court, Clubhouse, Gated |
| Sale prices, last 12 months | $741,500 median across 5 closed sales · $293 per sq ft |
| Days on market (closed sales) | 31 median |
| For sale right now | 2 active, 0 pending · median asking $752,000 · 4.8 months of supply |
| Owner-occupied (homestead) share | 88% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2008 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Tralee Bay Shores key facts,” movewithmomentum.com/neighborhoods/tralee-bay-shores, data as of September 20, 2026.
Tralee Bay Shores sits at a median of $741,500 with a median around $293 per square foot, which tells you price here is driven more by the home itself — size, condition, updates — than by any shared community structure. There are no amenities identified from current MLS listings, so you are paying for the house and the location in Melbourne, not for a gated entry or a clubhouse.
With a median of 31 days on market and only five recent closings, this is a thin, deal-by-deal market rather than a fast-moving one. Sellers should price to condition from day one and expect the buyer pool to be selective; buyers have room to be deliberate, but the small sample means each comparable carries real weight.
Tralee Bay Shores right now
🟡 Balanced market. 4.8 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: Medium (2 active and pending listings, 5 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 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
Tralee Bay Shores market snapshot (as of September 20, 2026): the median sale price is about $742K ($293 per sq ft over the trailing 12 months of closed sales), a median 31 days on market for closed sales, and 4.8 months of supply, a balanced market.
In ZIP 32940 (Melbourne), 1,061 homes closed in the last 12 months at a median of $405K ($219/sq ft), up 0.4% year over year, with a median 40 days on market. Right now 150 active and 54 pending listings put supply at about 3.0 months — a balanced market. See the live ZIP 32940 housing market and the Brevard County market.
Tralee Bay Shores is a community of 72 homes in Melbourne, Brevard County, built between 2007 and 2023 (median 2013.0), with a median living area of about 3,608 square feet. 88% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a higher-priced Melbourne enclave in Brevard County where value tracks the individual home, not community features — the per-square-foot median points to homes that compete on space and finish.
The setting & the homes.
Aerial and on-site photos of Tralee Bay Shores. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Tralee Bay ShoresPhotos from Space Coast MLS listings in Tralee Bay Shores; content deemed reliable but not guaranteed.
Who Tralee Bay Shores is best for.
Best for
- Buyers with a budget in the mid-$700s looking for space and finish in a Brevard coastal-area setting
- Deliberate buyers comfortable underwriting a home on its own merits with limited comparables
- Sellers willing to price to condition and market patiently in a low-volume window
Probably not for
- Buyers who need a clubhouse, pool, or gated amenities as part of the purchase
- Buyers on a tighter budget who need pricing well below the mid-$700s median
- Sellers who need a quick sale in a deep, fast-turning market
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 ($742K) IS the median in the snapshot above.
Windows contain 0 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 2008 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 (2026-09-27).
Tralee Bay Shores Market Scorecard
Tralee Bay Shores is currently a balanced market. About 4.8 months of supply, a median asking price of $752,000.
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 Tralee Bay Shores
Live MLS inventory for Tralee Bay Shores. 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 Tralee Bay Shores listings as of 2026-09-26, priced high to low. Based on information from the Space Coast MLS for the period 2008 through 2026. Tap any home to ask about it.
Every Home for Sale in Tralee Bay Shores Right Now (2)
All 2 active and pending Tralee Bay Shores listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1502 Tralee Bay Avenue · $749,000 · 3 bd / 2.5 ba · listed Jun 27, 2026 · listed by RE/MAX Aerospace Realty
- 1312 Tralee Bay Avenue · $755,000 · 4 bd / 3 ba · pending · listed Jun 27, 2026 · listed by Flat Fee MLS Realty
Tralee Bay Shores 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, tiles © CARTO.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Quest · Elementary
- Kennedy · Middle
- Viera · High
Zoned schools reflect the assignments reported on recent Tralee Bay Shores 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 Tralee Bay Shores address.
Shop the zone: Homes zoned for Viera High School
The Tralee Bay Shores buying strategy.
If we were buying in Tralee Bay Shores 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 Tralee Bay Shores.
A condition-driven market with a shallow comp set
The two numbers that matter most here are the per-square-foot median of roughly $293 and the fact that no community amenities show up in current listings. Together they mean pricing is a function of the house: square footage, updates, and how the home shows. Expect a wide spread between dated and updated homes even at similar sizes, and don't read the median as a fixed target for any given property.
With just five closings in the recent window and a 31-day median, appraisals and negotiations lean heavily on a small number of comparables. That cuts both ways — a single well-priced sale can reset expectations, and a stale listing can drag perception. Both sides benefit from underwriting each comp carefully rather than trusting the average.
The location and the amenities are priced into every listing in Tralee Bay Shores. 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 Tralee Bay Shores 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 3 factors (7.4). Basis: Liquidity & Demand 4.8 months of supply; Owner Commitment 88% owner-occupied; Pricing Power 97.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market with only a handful of recent closings and no amenity story to lean on, the pricing work is everything. We build the case home by home — square footage, condition, and the specific comps that actually apply — so sellers list at a defensible number and buyers know when a price reflects the house versus wishful thinking.
Tralee Bay Shores in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $150/month (about $1,800/yr) · median of 65 MLS listings, most billed quarterly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $150 per month ($1,800 a year) — the median AssociationFee across 65 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 Tralee Bay Shores 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 Tralee Bay Shores sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Tralee Bay Shores, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Tralee Bay Shores home worth?
Get a no-obligation home value based on real comparable sales in Tralee Bay Shores, 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 →
Frequently Asked Questions
What is the median home price in Tralee Bay Shores?
How long do homes in Tralee Bay Shores take to sell?
Is Tralee Bay Shores a buyer's or seller's market right now?
How many homes are in Tralee Bay Shores?
What share of Tralee Bay Shores is owner-occupied?
When were the homes in Tralee Bay Shores built?
Who is the best real estate agent for Tralee Bay Shores?
How do I find a top Melbourne real estate agent who knows Tralee Bay Shores?
Can Momentum Realty connect me with an agent for Tralee Bay Shores?
Where is Tralee Bay Shores, and what county is it in?
Is Tralee Bay Shores a good place to live?
Should you buy in Tralee Bay Shores?
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: September 26, 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 32940)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2008 (67 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 Tralee Bay Shores fits the bigger picture — live prices, inventory, and Momentum Scores:
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