University Park
Homes for Sale in Melbourne, FL
All 712 homes for sale in Melbourne, FL · median $399,250 · 100 homes for sale in 32901 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-11-08, 5 recorded sales closed at a median of $295,000, $180 per square foot, a median 66 days on market, sellers accepting 92% of original asking. At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $4,600 ($3,980 with the full homestead exemption).
Price in University Park Sec B is driven by the home itself, not by amenities - there are none identified in the current MLS data, so what you're paying for is the structure, its condition, and the location in Melbourne. With a median around $257,000 and a median near $198 per square foot, this is a market where updated versus dated makes the difference, and the spread between the two can be wide.
The posture right now is brisk. A median of 7 days on market means well-priced, presentable homes move fast, and the heat score of 62 backs that up. Year-over-year the median is off less than a percent - essentially flat - so sellers shouldn't expect a run-up, and buyers shouldn't expect a discount. Both sides need to be ready to act on the right listing rather than wait for the market to move for them.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside university park right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
University Park market snapshot (as of November 8, 2026): the median sale price is about $295K ($180 per sq ft over the trailing 12 months of closed sales), and a median 66 days on market for closed sales.
In ZIP 32901 (Melbourne), 34 homes closed in the last 12 months at a median of $276K ($180/sq ft), with a median 52 days on market. Right now 3 active and 1 pending listings put supply at about 1.1 months - a balanced market. See the live ZIP 32901 housing market and the Brevard County market.
County records show 30 qualified sales in university park across 2024 - 2025 (18 in 2024, 12 in 2025), median $259,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
University Park is a community of 383 homes in Melbourne, Brevard County, built between 1923 and 2023 (median 1958), with a median living area of about 1,764 square feet. 50% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
University Park Sec B is a straightforward Melbourne pocket where the value is in the house, not shared amenities - and where the long arc has been steep, up 471% since 2012, even as the last year has held essentially flat.
Who University Park is best for.
Best for
- Buyers targeting a mid-$250s median who have financing lined up and can act within days
- Value-focused buyers willing to take on a dated home and budget the renovation
- Sellers with a presentable, correctly priced home who want a quick close
Probably not for
- Buyers who want shared community amenities as part of the package
- Shoppers who need weeks to deliberate before making an offer
- Sellers expecting a year-over-year price surge to lift their number
The University Park buying strategy.
If we were buying in University Park 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 University Park.
A condition-driven market that moves fast
With no community amenities pulling the numbers, pricing here comes down to the individual home. A median near $198 per square foot is a starting reference, but the real gap is between move-in-ready and needs-work - and buyers should underwrite renovation costs seriously rather than assume the median applies to every door.
Speed is the defining trait. A 7-day median means the desirable listings are gone before a casual shopper finishes scheduling tours. The window we're reading is thin - 9 recent closings - so any single sale carries weight in the median, and both buyers and sellers should treat the number as directional, not precise.
The location and the amenities are priced into every listing in University Park. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this quick and this condition-sensitive, the edge is preparation. We help sellers price and present so a home lands in that fast-moving lane, and we help buyers get underwriting and offer terms ready before the right listing appears - because on a 7-day median, hesitation is the cost you can't recover. With a thin closing window, we also read the comps carefully rather than trusting a single number.
University Park in 15 seconds.
Tools for a University Park 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 University Park sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in University Park, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your University Park home worth?
Get a no-obligation home value based on real comparable sales in University Park, 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 32901 |
|---|---|
| Homes in the community | 383 (FL DOR 2025 assessment roll) |
| Years built | 1923–2023 (median 1958) |
| Typical living area | 1,764 sq ft (median) |
| Sale prices, last 12 months | $295,000 median across 5 closed sales · $180 per sq ft |
| Days on market (closed sales) | 66 median |
| Owner-occupied (homestead) share | 50% |
Data as of November 8, 2026. Based on information from the Space Coast MLS for the period 2026 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “University Park key facts,” movewithmomentum.com/neighborhoods/university-park-sec-b-melbourne, data as of November 8, 2026.
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Frequently Asked Questions
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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 November 8, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (14 streets, ZIP 32901)) |
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
| Historical depth | Closed-sale records back to 2026 (5 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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