Melbourne, FL - Magnolia Heights, Melbourne, FL
Melbourne, FL - Magnolia Heights — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Melbourne, FL - Magnolia Heights, Melbourne, Florida. Explore the cited sources and local facts below while agent underwriting continues.
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Melbourne, FL - Magnolia Heights Neighborhood Overview
Magnolia Heights is a residential neighborhood located in the heart of Melbourne, Florida, within the 32901 ZIP code. It offers a central, convenient location with a mix of housing options and a community-oriented atmosphere. Residents enjoy proximity to major retail corridors, healthcare facilities, and the cultural offerings of downtown Melbourne.
Lifestyle & Amenities
The neighborhood provides easy access to everyday conveniences and leisure activities along nearby Babcock Street and New Haven Avenue. Residents are a short drive from the Indian River Lagoon, local parks, and the vibrant dining and shopping scene in historic downtown Melbourne. This central positioning supports a balanced lifestyle of suburban comfort and urban accessibility.
Real Estate Market
The real estate market in Magnolia Heights is characterized by affordability and high demand, with homes typically selling quickly. The median home value is $222,900, and the median monthly rent is $1,209, offering options for both owners and renters. With a homeownership rate of 49% and an average of just 17 days on market, the area presents a competitive and active housing environment.
Schools & Education
Families in Magnolia Heights are served by the Brevard Public Schools district, which operates several schools in the greater Melbourne area. The neighborhood's central location provides reasonable access to a variety of public educational institutions. Prospective residents are encouraged to contact the district for specific school zoning and program information.
Transportation & Connectivity
Magnolia Heights benefits from excellent connectivity via major thoroughfares like U.S. Route 1 and Babcock Street, facilitating easy commutes across the Space Coast. The neighborhood is approximately a 15-minute drive from Melbourne Orlando International Airport (MLB). Public transit options are available through Space Coast Area Transit, serving key routes throughout Brevard County.
Why Choose Melbourne, FL - Magnolia Heights
Magnolia Heights is an ideal choice for those seeking an affordable, centrally-located neighborhood in Melbourne with a quick-moving real estate market. Its blend of residential charm, convenient amenities, and strong transportation links appeals to a diverse range of residents. With a median household income of $47,115, the area offers a cost-effective gateway to the lifestyle and opportunities of Florida's Space Coast.
Melbourne, FL - Magnolia Heights Market Data
| Metric | Value |
|---|---|
| Median Home Price | $223K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $47K |
| Homeownership Rate | 49.2% |
| Renter-Occupied | 50.8% |
| Rental Vacancy Rate | 7.1% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 32901 |
Top Real Estate Agents in Melbourne, FL - Magnolia Heights, Melbourne
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Melbourne, FL - Magnolia Heights, Melbourne, FL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Florida Department of Business & Professional Regulation (DBPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12