Magnolia Village is a small Melbourne neighborhood of two to four bedroom homes, where the price record runs $200,000 to $305,000 around a $272,000 middle.
Two street names cover the whole neighborhood, Town Square Boulevard and Veranda Court. On paper it was recorded in three parts, Magnolia Village I, II and III, so one small pocket of Melbourne produces three separate subdivision names in the listing record. All three sit on the same pair of streets.
The homes are compact and consistent: 1,026 to 1,298 square feet, with two to four bedrooms fitted into that footprint. Fifteen recorded sales fill the last thirty six months, running $200,000 to $305,000, a spread of just over a hundred thousand dollars from bottom to top. Per square foot, the median comes to $238.
Magnolia Village prices have stayed inside a narrow band, $200,000 to $305,000 on the record, with $272,000 as the midpoint.
$200,000 is the low end.
$272,000 is the middle of the record.
$305,000 is the highest recorded.
These are the figures the public property records carry for houses in Magnolia Village, not vacant land and not current asking prices, and a single address can sit outside the band for reasons a number will not show you. Call or text (321) 212-7676 and we will price the exact home you are looking at.
Prices, sizes, bedrooms and per foot figures recorded in Magnolia Village over the past three years, gathered in one place.
| Detail | What you get |
|---|---|
| Town | Melbourne |
| Recorded phases | Magnolia Village I, II, III |
| Recorded sales, last 36 months | 15 |
| Price range | $200,000 to $305,000 |
| Typical price | $272,000 |
| Median price per square foot | $238 |
| Size range | 1,026 to 1,298 square feet |
About $105,000 separates the lowest recorded sale from the highest. That is a tight range to cover three years.
Every recorded home falls between 1,026 and 1,298 square feet. Bedroom counts still run from two to four inside that footprint.
Listings come through as Magnolia Village I, II and III. Searching one phase alone will miss most of the neighborhood.
Homes on the market in Magnolia Village appear below, covering all three recorded phases of the neighborhood.
In Melbourne, on Town Square Boulevard and Veranda Court.
The record runs $200,000 to $305,000, centering on $272,000. The median comes to $238 per square foot.
From 1,026 to 1,298 square feet, with two to four bedrooms.
It was recorded as Magnolia Village I, II and III. All three refer to the same Melbourne neighborhood.
Melbourne runs from the Palm Bay line north toward Suntree, with the Indian River on its east side and Interstate 95 on its west. New Haven Avenue and US 192 cut east to west across the city toward the causeway, while Wickham Road handles much of the north south traffic on the mainland side.
Whether you are buying in Magnolia Village or thinking about selling here, work with an agent who is in these neighborhoods every week. My partner Nichole and I got your back. We will run the numbers on any address, tell you straight what it is worth, and handle the whole process from the first showing through the closing table. Call or text (321) 212-7676.