Wells Map No 3
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $290K
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Live · Wells Map No 3 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$290K
Median sold · 12 mo
up 18.4% vs the prior 12 months
+18.4%
1-yr price change
n = 4 and 4 sales in the two windows
$164/sf
Sold $/sqft · 12 mo
peak $198 in 2022
92.1%
Sale vs ask
Brevard median: 96.2%
Tempo
21days
Median DOM · closed
3 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 22 years of records
1,535sqft
Median sold home size
12-mo windows, closed sales
Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven less by a floorplan template and more by condition and lot. With a small pool of recent closings, the median sits at $290,000 and roughly $164 per square foot, but that median masks a wide spread — an updated home and a project home in Wells Map No 3 will not trade anywhere near each other. Read each listing on its own merits rather than anchoring to the median.

The market posture is quick. Homes are moving in about 20 days, and year-over-year the median is up 18.4%. For sellers, that means a well-prepped listing does not sit. For buyers, it means the negotiating window is short and you should have financing and inspections lined up before you tour, not after.

Wells Map No 3 Housing Pulse · Momentum Research · as of July 15, 2026

Wells Map No 3 right now

🟢 Still climbing. The trailing-12-month median ($290K) is up 18.4% from the prior 12 months ($245K). With about 2 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 July 15. Confidence: Low (4 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Wells Map No 3 Housing Pulse · Momentum Research · as of July 15, 2026

Wells Map No 3 right now

🟢 Still climbing. The trailing-12-month median ($290K) is up 18.4% from the prior 12 months ($245K). With about 2 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 July 15. Confidence: Low (4 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 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

Wells Map No 3 market snapshot (as of July 15, 2026): the median sale price is about $290K ($164 per sq ft over the trailing 12 months of closed sales), and a median 21 days on market for closed sales. The trailing-12-month median is up 18% from the prior 12 months, computed from record-level Space Coast MLS closed sales (4 closings in the current window).

Wells Map No 3 is a small, older Melbourne pocket in Brevard County where individual home condition matters more than any community standard, since the current listings show no shared amenities. Expect variety house-to-house rather than a uniform subdivision look.

Best for

  • Buyers ready to act quickly with financing and inspections lined up before touring
  • Buyers comfortable judging a home on its individual condition and lot
  • Value-minded buyers open to a renovation project at the right basis

Probably not for

  • Buyers who want pool, clubhouse, or other shared amenities
  • Buyers who need a large inventory of comparable listings to feel confident on price
  • Buyers who cannot move fast in a roughly 20-day market

Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($290K) IS the median in the snapshot above, and the move from 2025 ($245K) IS the +18.4% one-year change.

Windows contain 0 to 5 sales each (4 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 %s through %s. Deemed reliable but not guaranteed.

Every sale since 2004 · price vs size
$0$200K$400K1k2k2k2k
42 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 4 in the current window.

If we were buying in Wells Map No 3 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Wells Map No 3.

Best Buy
Buyers who want a Melbourne address and are comfortable evaluating a home on its own condition rather than a subdivision standard.
Biggest Risk
A thin sample of closings makes the median a rough guide, not a precise value.
Sweet Spot
A sound, updated home bought at a price justified by condition, not by the last hot comp.
Avoid If
You need shared amenities or a predictable, uniform product across the community.

A condition-driven pocket, not a template

The thin closing count — four in the current window — is the single most important thing to understand here. Small samples move the median around, so treat the $290,000 figure and the roughly $164 per square foot as a directional read, not a precise valuation. One heavily renovated or one distressed sale can swing the whole snapshot.

There are no community amenities identified from current MLS listings, so you are buying the house and the location, not a shared package. That keeps carrying costs simple, but it also means value comes down to the specific structure, systems, and lot. Comparable analysis needs a human eye here because the homes are not interchangeable.

The location and the amenities are priced into every listing in Wells Map No 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin and this fast — about 20 days on market against only a handful of recent closings — the median is a starting point, not an answer. We underwrite each property individually, price against its actual condition, and help you move quickly without overpaying because the last sale ran hot.

Wells Map No 3 in 15 seconds.

Best forBuyers who want a Melbourne address and are comfortable evaluating a home on its own condition rather than a subdivision standard.
Biggest advantageA fast-moving market where well-prepared listings do not linger.
Biggest riskA thin sample of closings makes the median a rough guide, not a precise value.
Sweet spotA sound, updated home bought at a price justified by condition, not by the last hot comp.
Avoid ifYou need shared amenities or a predictable, uniform product across the community.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Wells Map No 3 sales matched to your home.

What is your Wells Map No 3 home worth?

Get a no-obligation home value based on real comparable sales in Wells Map No 3, 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 Wells Map No 3 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Wells Map No 3?
The median sale price in Wells Map No 3 was $290K over the 12 months ending July 15, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Wells Map No 3 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 21 days on market (4 sales, Space Coast MLS).
Who is the best real estate agent for Wells Map No 3?
The best agent for Wells Map No 3 is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Wells Map No 3.
How do I find a top Melbourne real estate agent who knows Wells Map No 3?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Wells Map No 3 and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Wells Map No 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Wells Map No 3 purchase or sale - no call center and no pressure.
Buyers ready to act quickly with financing and inspections lined up before touringExcellent fit
Buyers comfortable judging a home on its individual condition and lotExcellent fit
Value-minded buyers open to a renovation project at the right basisExcellent fit
Buyers who want pool, clubhouse, or other shared amenitiesProbably not
Buyers who need a large inventory of comparable listings to feel confident on priceProbably not
Buyers who cannot move fast in a roughly 20-day marketProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (42 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.

Windows contain 0 to 5 sales each (4 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 %s through %s. Deemed reliable but not guaranteed.

Every sale since 2004 · price vs size
$0$200K$400K1k2k2k2k
42 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 4 in the current window.

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (42 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 your area comps.

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