Homes in Cresthaven Homes are taking longer to sell, with the median days on market at 30.5 days in February 2026, up sharply both month over month and year over year, which signals that buyers have more time to make decisions and sellers may need to be more flexible. This slower pace contrasts with nearby Melbourne overall, where typical home values are higher at about $300,000.
Prices in the neighborhood have been adjusting downward. The typical home value is around $185,000, down about 28.02% from last year and 20.43% from the prior month. Median list prices have eased to roughly $232,500, a modest 3.13% month-over-month dip.
Supply is still relatively tight, with just 8 homes on the market in February and 8 new listings, even though inventory has risen about 166.67% compared to a year ago. Pending sales are down roughly 57.14% year over year, and homes have been selling at about 90.5% of their list price, with none closing above asking. Looking ahead to March 2026, projections suggest typical values near $161,250, list prices around $228,750, and inventory edging down to 7 homes, while Cresthaven Homes is still categorized as a seller’s market with a market gauge of 27. In this kind of shifting environment, both buyers and sellers can benefit from Agent Pronto’s help in finding a skilled local real estate agent.
