Wickham Lakes Melbourne in Melbourne

Wickham Lakes Melbourne
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $425K
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Live Market Pulse
32/100
Market Heat
Cooler than normal
2018 → 2026 · 81 at the 2022 peak
0 is Wickham Lakes Melbourne's coldest market since 2018, 100 its hottest. Today: 32. How it's scored

Photo courtesy of EXP Realty, LLC · via Space Coast MLS

Built fromLive Space Coast MLS data10 years of closingsUpdated twice daily
Live · Wickham Lakes Melbourne Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$425K
Median sold · 12 mo
down 3.4% vs the prior 12 months
-3.4%
1-yr price change
n = 5 and 7 sales in the two windows
$249/sf
Sold $/sqft · 12 mo
peak $260 in 2025
95.0%
Sale vs ask
Brevard median: 96.2%
Tempo
12days
Median DOM · closed
8 days at the 2021 low
0 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 7 a year
Track record · 10 years of records
1,620sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Wickham Lakes Melbourne is moving homes in twelve days at median - this is velocity-driven pricing, not scarcity. With zero active listings as of mid-July, sellers are timing exits into extremely shallow inventory, and the $425K median reflects condition and location within the neighborhood more than any amenity premium. Buyer competition is real but narrow; if you miss one, another may not surface for weeks.

The year-over-year slip of 3.4 percent tells you this isn't an appreciation story right now - it's a selection story. What comes to market sells quickly, but the market isn't rewarding holds or aspirational pricing. If you're buying, you're paying for proximity to Melbourne's employment corridors and a low-maintenance layout. If you're selling, price it to the condition of the last five closings or plan to chase the market down.

Wickham Lakes Melbourne Housing Pulse · Momentum Research · as of July 15, 2026

Wickham Lakes Melbourne right now

🟡 Off the recent peak. The trailing-12-month median ($425K) is down 3.4% from the prior 12 months ($440K). With about 7 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 (5 and 7 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

Wickham Lakes Melbourne market snapshot (as of July 15, 2026): the median sale price is about $425K ($249 per sq ft over the trailing 12 months of closed sales), and a median 12 days on market for closed sales. The trailing-12-month median is down 3% from the prior 12 months, computed from record-level Space Coast MLS closed sales (5 closings in the current window).

A single-family community in Melbourne with managed grounds, a pool, and dog park. Current inventory is non-existent, homes that do list are moving in less than two weeks, and the median of $425K reflects a market that rewards readiness over patience.

Best for

  • Buyers with $400K - $450K budgets seeking managed suburban living in Melbourne and ready to act within days of a new listing.
  • Professionals working in Melbourne's employment corridors who want low-maintenance grounds, a pool, and dog park without paying for amenities they won't use.
  • Buyers planning a five-year-plus hold who value market stability and function over rapid appreciation or prestige address.

Probably not for

  • Buyers expecting steady inventory to compare - zero active listings means you wait for the next one or you write quickly, with no fallback options.
  • Investors targeting near-term appreciation - the 3.4 percent year-over-year decline and shallow turnover make this a live-here market, not a momentum trade.
  • Buyers who need walkable retail, waterfront proximity, or master-planned resort amenities - Wickham Lakes Melbourne delivers suburban function, not lifestyle curation.

Windows contain 1 to 11 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 %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$300K$400K201620182020202220242026
Down 3.4% year over year.
Every sale since 2016 · price vs size
$0$200K$400K$600K1k2k2k2k
70 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$250201620182020202220242026
Up from $134 in 2016 to a $260 peak in 2025; $249 now.
Median days on market · closed sales
2040201620182020202220242026
8 days at the 2021 low; 12 now.
Sale price vs original ask · median
90%95%100%201620182020202220242026
95.0% now vs Brevard 96.2%.
Homes sold per 12-mo window
0510201620182020202220242026
1 to 11 a year; 5 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20182020202220242026
81 at the 2022 peak, 16 in the troughs, 32 now. Same score as the hero card, full history.

Wickham Lakes Market Scorecard

Buyer-Leaning Market (limited data)

Wickham Lakes is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$425,000
Median sold
$249
Per sqft
n/a
Days on mkt
0/0/5
Active/Pend/Sold

Typical home value in the 32940 ZIP is $490,633, about 7.7% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

If we were buying in Wickham Lakes Melbourne 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 Wickham Lakes Melbourne.

Best Buy
Buyers who want managed suburban living in Melbourne without master-planned HOA costs and can move decisively when inventory appears.
Biggest Risk
The 3.4 percent year-over-year decline and shallow turnover mean you're not buying into an appreciation wave - this is a live-here hold, not a flip or near-term equity play.
Sweet Spot
A well-maintained single-family home priced within five percent of $425K, where the condition supports the ask and you're planning a five-year-plus hold.
Avoid If
You need walkable retail, you're counting on double-digit appreciation, or you can't move on two days' notice when the right listing finally appears.

What the twelve-day DOM actually means

Twelve days on market in a neighborhood with zero active listings is not a sign of frenzied buyer appetite - it's a sign of disciplined pricing meeting a shallow but functional buyer pool. The five closings recorded in the trailing window all found takers quickly, which tells you sellers (or their agents) are reading recent comps correctly and not testing the high end. The 3.4 percent year-over-year decline confirms it: this is not a market where you list aspirationally and wait for someone to fall in love.

Wickham Lakes Melbourne offers the essentials - playground, pool, jogging path, dog park - and off-site HOA management that keeps the grounds maintained without the cost structure of a master-planned community. The median price per square foot of $249 is competitive for Melbourne's suburban belt, but it doesn't command a location premium the way waterfront or closer-in neighborhoods do. You're paying for function and convenience, not prestige.

The amenity set is honest: it's what you need for daily life, not what you show off to guests. The pool is there, the dog park works, the jogging path connects the neighborhood. Management is full-time but off-site, which generally translates to responsive maintenance without heavy oversight. Verify current access and any upcoming assessment plans directly with the HOA - these amenities were reported across recent MLS listings, and what's funded today may not match what was promised at build-out.

For buyers, the zero active inventory means you're competing on day one when something lists, and you're likely writing at or near ask if the home is priced to the last five sales. For sellers, it means your window is now - but only if you're within a few percent of that $425K median and the home shows well. Condition drives everything here; a deferred-maintenance property will sit or force a price cut, even in a tight supply environment.

The location and the amenities are priced into every listing in Wickham Lakes Melbourne. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Wickham Lakes Melbourne requires an agent who knows when to tell you not to stretch. With zero active listings and twelve-day absorption, you need someone who has the Melbourne comp data in hand before the listing goes live, who can walk a property and tell you whether deferred maintenance will kill your resale, and who won't let you overpay in the heat of a two-day showing window. We know Brevard's suburban pricing bands, we know what condition commands in this market, and we'll tell you when the next one will be a better fit than forcing this one.

Wickham Lakes Melbourne in 15 seconds.

Best forBuyers who want managed suburban living in Melbourne without master-planned HOA costs and can move decisively when inventory appears.
Biggest advantageTwelve-day DOM and zero active listings mean correctly priced homes do not linger - if you're ready, you're competing in a small pool.
Biggest riskThe 3.4 percent year-over-year decline and shallow turnover mean you're not buying into an appreciation wave - this is a live-here hold, not a flip or near-term equity play.
Sweet spotA well-maintained single-family home priced within five percent of $425K, where the condition supports the ask and you're planning a five-year-plus hold.
Avoid ifYou need walkable retail, you're counting on double-digit appreciation, or you can't move on two days' notice when the right listing finally appears.

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 Wickham Lakes Melbourne sales matched to your home.

What is your Wickham Lakes Melbourne home worth?

Get a no-obligation home value based on real comparable sales in Wickham Lakes Melbourne, 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 Wickham Lakes Melbourne on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Wickham Lakes Melbourne?
The median sale price in Wickham Lakes Melbourne was $425K over the 12 months ending July 15, 2026 (5 closed sales, Space Coast MLS).
How long do homes in Wickham Lakes Melbourne take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 12 days on market (5 sales, Space Coast MLS).
Who is the best real estate agent for Wickham Lakes Melbourne?
The best agent for Wickham Lakes Melbourne 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 Wickham Lakes Melbourne.
How do I find a top Melbourne real estate agent who knows Wickham Lakes Melbourne?
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 Wickham Lakes Melbourne and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Wickham Lakes Melbourne?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Wickham Lakes Melbourne purchase or sale - no call center and no pressure.
Buyers with $400K - $450K budgets seeking managed suburban living in Melbourne and ready to act within days of a new listing.Excellent fit
Professionals working in Melbourne's employment corridors who want low-maintenance grounds, a pool, and dog park without paying for amenities they won't use.Excellent fit
Buyers planning a five-year-plus hold who value market stability and function over rapid appreciation or prestige address.Excellent fit
Buyers expecting steady inventory to compare - zero active listings means you wait for the next one or you write quickly, with no fallback options.Probably not
Investors targeting near-term appreciation - the 3.4 percent year-over-year decline and shallow turnover make this a live-here market, not a momentum trade.Probably not
Buyers who need walkable retail, waterfront proximity, or master-planned resort amenities - Wickham Lakes Melbourne delivers suburban function, not lifestyle curation.Probably not

Nearby Communities

Explore more neighborhoods near Wickham Lakes Melbourne with Momentum Realty’s local guides.

SPStrom Park MelbourneMelbourne, FL · 0.5 miRPReeling Park VieraMelbourne, FL · 0.7 miLCLoren Cove MelbourneMelbourne, FL · 0.8 miAvalonia MelbourneMelbourne, FL · 1.1 miKMKerrington MelbourneMelbourne, FL · 1.1 miAMAripeka MelbourneMelbourne, FL · 1.1 miWAWyndham At Duran MelbourneMelbourne, FL · 1.1 miTwin Lakes Of Suntree MelbourneMelbourne, FL · 1.1 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
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 2016 (70 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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