Momentum Housing Data · Merritt Island
“Best” depends on what you’re optimizing for — so instead of one opinion, here are four rankings of Merritt Island’s neighborhoods, each computed from recorded MLS data with its criterion printed on top. 13 Merritt Island communities cleared the data bar (at least 8 recorded closings); every row links the community’s full data guide.
Criterion: recorded closings, trailing 12 months — where homes actually change hands
| # | Neighborhood | Median sold | Closings (12 mo) | Metric |
|---|---|---|---|---|
| 1 | Hampton Homes · values | $295,000 | 25 | 25 closings |
| 2 | Catalina Isle Estates · values | $497,500 | 24 | 24 closings |
| 3 | Villa De Palmas · values | $498,500 | 16 | 16 closings |
| 4 | Island Pointe Condo · values | $370,000 | 12 | 12 closings |
| 5 | Waterway Manor · values | $450,000 | 11 | 11 closings |
| 6 | Egret'S Reserve | $734,450 | 10 | 10 closings |
| 7 | Villa De Palmas Sykes Cove · values | $591,250 | 10 | 10 closings |
| 8 | Merritt Island Co-Op Apts Inc · values | $95,000 | 9 | 9 closings |
| 9 | Savannahs Pud The · values | $537,500 | 9 | 9 closings |
| 10 | Summer Place Condominium · values | $159,900 | 9 | 9 closings |
| 11 | Sunset Bay A Condominium · values | $168,000 | 9 | 9 closings |
| 12 | Island Crossings · values | $472,500 | 8 | 8 closings |
| 13 | River Grove On The Trail · values | $687,500 | 8 | 8 closings |
Criterion: median sold-price change vs. prior year (recorded closings only)
| # | Neighborhood | Median sold | Closings (12 mo) | Metric |
|---|---|---|---|---|
| 1 | Catalina Isle Estates · values | $497,500 | 24 | +32.7% |
| 2 | Merritt Island Co-Op Apts Inc · values | $95,000 | 9 | +5.0% |
| 3 | Villa De Palmas · values | $498,500 | 16 | +4.9% |
| 4 | Island Crossings · values | $472,500 | 8 | +0.5% |
| 5 | Hampton Homes · values | $295,000 | 25 | -4.7% |
| 6 | Sunset Bay A Condominium · values | $168,000 | 9 | -6.7% |
| 7 | Summer Place Condominium · values | $159,900 | 9 | -9.3% |
| 8 | River Grove On The Trail · values | $687,500 | 8 | -10.1% |
| 9 | Island Pointe Condo · values | $370,000 | 12 | -10.8% |
| 10 | Egret'S Reserve | $734,450 | 10 | -11.8% |
| 11 | Waterway Manor · values | $450,000 | 11 | -17.4% |
| 12 | Villa De Palmas Sykes Cove · values | $591,250 | 10 | -36.8% |
Criterion: average days on market, trailing window — demand in its purest form
| # | Neighborhood | Median sold | Closings (12 mo) | Metric |
|---|---|---|---|---|
| 1 | Summer Place Condominium · values | $159,900 | 9 | 14 days avg |
| 2 | Egret'S Reserve | $734,450 | 10 | 14 days avg |
| 3 | Savannahs Pud The · values | $537,500 | 9 | 16 days avg |
| 4 | River Grove On The Trail · values | $687,500 | 8 | 24 days avg |
| 5 | Waterway Manor · values | $450,000 | 11 | 24 days avg |
| 6 | Island Crossings · values | $472,500 | 8 | 32 days avg |
| 7 | Villa De Palmas Sykes Cove · values | $591,250 | 10 | 32 days avg |
| 8 | Villa De Palmas · values | $498,500 | 16 | 38 days avg |
| 9 | Catalina Isle Estates · values | $497,500 | 24 | 44 days avg |
| 10 | Hampton Homes · values | $295,000 | 25 | 54 days avg |
| 11 | Sunset Bay A Condominium · values | $168,000 | 9 | 55 days avg |
| 12 | Merritt Island Co-Op Apts Inc · values | $95,000 | 9 | 94 days avg |
| 13 | Island Pointe Condo · values | $370,000 | 12 | 109 days avg |
Criterion: median sold price at or below the citywide community median, ranked by sales activity
| # | Neighborhood | Median sold | Closings (12 mo) | Metric |
|---|---|---|---|---|
| 1 | Hampton Homes · values | $295,000 | 25 | $295,000 |
| 2 | Island Pointe Condo · values | $370,000 | 12 | $370,000 |
| 3 | Waterway Manor · values | $450,000 | 11 | $450,000 |
| 4 | Merritt Island Co-Op Apts Inc · values | $95,000 | 9 | $95,000 |
| 5 | Summer Place Condominium · values | $159,900 | 9 | $159,900 |
| 6 | Sunset Bay A Condominium · values | $168,000 | 9 | $168,000 |
| 7 | Island Crossings · values | $472,500 | 8 | $472,500 |
How to read these: a neighborhood on multiple lists is liquid, appreciating, and moving fast — that combination is what most buyers mean by “best.” One caution the data forces: last year’s hottest appreciation list is often next year’s cooled market, so treat the price-performance table as history, not prophecy. Costs differ too — many newer communities carry CDD assessments older ones don’t.
Tell us your budget and must-haves and a Momentum agent will run the same data these rankings use — against every Merritt Island community, not just the top 15.
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Rankings computed from recorded MLS data (medians and counts for the stated windows) via the criteria printed above each table — no editorial scoring, no demographic factors. Compiled from MLS records; deemed reliable but not guaranteed; figures change as new sales record. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures