Living in Florida's Space Coast
Palmwood
Palmwood is a Melbourne pocket on Elena Way where every recorded house has four bedrooms and prices have landed between $300,000 and $430,000.
The Palmwood layout
Palmwood is short. Elena Way carries the addresses, and the records list it both with and without the Way attached, which is a filing quirk rather than two different streets. The name records on its own, with no unit or phase numbers to sort through. Seven recorded results over thirty six months are the whole sample.
What stands out is the price per foot. At a median of $153, Palmwood buys more floor area per dollar than most of Melbourne, and the recorded houses back that up at 1,894 to 3,055 square feet. Four bedrooms every time. The whole price record fits inside a $130,000 band, from $300,000 to $430,000.
Palmwood Price Range
A tight record: $300,000 to $430,000 across seven sales, with $355,000 sitting close to the middle of it.
$300,000 is the lowest figure on record.
$355,000 is the middle of the seven.
The record stops at $430,000.
These are the figures the public property records carry for houses in Palmwood, 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.
Palmwood by the numbers
Below are the recorded price, size and bedroom figures filed under the Palmwood name in Melbourne.
| Detail | What you get |
|---|---|
| City | Melbourne |
| Recorded name | Palmwood |
| Recorded sales, last 36 months | 7 |
| Price range | $300,000 to $430,000 |
| Typical price | $355,000 |
| Median price per square foot | $153 |
| Home size | 1,894 to 3,055 sq ft |
What to expect in Palmwood
Space Per Dollar
A $153 median per square foot is low for Melbourne. The recorded houses are big, from 1,894 up to 3,055 square feet.
Every House Is A Four Bedroom
Bedroom count does not vary in the record. If you need four, this name is worth a search alert.
A Narrow Price Band
The gap between the cheapest and dearest results on record is only $130,000, which is unusually tight for a Melbourne neighborhood.
Homes For Sale In Palmwood
Anything listed under the Palmwood name in Melbourne shows up below as soon as it hits the market.
Palmwood Frequently Asked Questions
Where is Palmwood?
In Melbourne, on Elena Way. The records file some addresses simply as Elena, but it is the same street.
What do homes cost in Palmwood?
The record runs $300,000 to $430,000 and $355,000 marks the center. Price per square foot medians at $153.
How big are Palmwood homes?
From 1,894 to 3,055 square feet on the record, and every recorded house has four bedrooms.
Is Palmwood worth a look if I need square footage?
The numbers say yes. A $153 median per square foot with houses topping 3,000 feet is a lot of floor area for the money.
Where Palmwood sits
Melbourne is the largest city in Brevard County, spread across the mainland west of the Indian River. Wickham Road, Eau Gallie Boulevard and US 192 handle most of the east west movement, I 95 runs along the western edge, and the Eau Gallie and Melbourne Causeways cross to the barrier island beaches.
Near Palmwood
Considering Palmwood?
Whether you are buying in Palmwood 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.
