Momentum Housing Data · Home Values · Brevard County
Capron Ridge Phase 3 (Melbourne, FL): 28 recorded closings in the 12 months ending 2026-08-10, a 15-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 97.5% of original asking; the median sale took 22 days (window ending 2026-08-10).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $522,000 | $221 | 22 | 97.5% | 28 |
| 2025 | $522,500 | $252 | 60 | 95.9% | 11 |
| 2024 | $489,500 | $222 | 26 | 96.1% | 20 |
| 2023 | $500,000 | $238 | 15 | 97.8% | 19 |
| 2022 | $460,500 | $210 | 6 | 100.2% | 36 |
| 2021 | $366,000 | $182 | 18 | 98.0% | 35 |
| 2020 | $377,000 | $151 | 47 | 96.0% | 38 |
| 2019 | $324,950 | $147 | 69 | 95.1% | 32 |
| 2018 | $335,000 | $150 | 17 | 98.1% | 39 |
| 2017 | $340,000 | $144 | 22 | 98.0% | 41 |
| 2016 | $321,450 | $141 | 42 | 96.8% | 48 |
| 2015 | $273,500 | $127 | 36 | 96.2% | 36 |
| 2014 | $244,950 | $111 | 27 | 97.8% | 46 |
| 2013 | $231,361 | $107 | 10 | 100.0% | 67 |
| 2012 | $219,000 | $95 | 39 | 100.0% | 39 |
Over the recorded series, Capron Ridge Phase 3’s median sold price moved from $219,000 (2012) to $522,000 (12 months ending 2026-08-10) — +138% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $219,000. The 2020–22 run-up did what it did everywhere — Capron Ridge Phase 3’s median moved +42% from 2019 to 2022. Against the 2025 peak of $522,500, the current median stands at -0%. Annual sales volume here has ranged from 11 to 67 closings a year (10-yr average 29.9).
Of the 51 recorded Capron Ridge Phase 3 closings since 2024, half landed between $407,500 and $581,500 (the middle two quartiles); the lowest recorded sale was $350,000 and the highest $845,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $375,000 | 5 (10%) | |
| $375,000 – $483,333 | 13 (25%) | |
| $483,333 – $591,667 | 21 (41%) | |
| $591,667 – $700,000 | 8 (16%) | |
| None and up | 4 (8%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($223 vs $217) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,612–1,930 sq ft | $223 | $395,000 | $350,000 – $560,000 | 17 |
| Mid-size homes 1,957–2,292 sq ft | $251 | $511,000 | $397,000 – $583,000 | 17 |
| Larger homes 2,326–3,860 sq ft | $217 | $615,000 | $510,000 – $845,000 | 17 |
From the live MLS feed as of 2026-09-03: 4 active listings (plus 2 pending) asking from $359,900 to $699,990, median $522,950; the homes listed or recently sold were built between 2005 and 2020 (median 2007); 18 of 18 listed or recently sold homes report an HOA, median $150/mo; 4 of 17 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 33 ft; the features listings here most often name are Clubhouse, Playground, Tennis Court(s), Fitness Center, Gated and Basketball Court. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Capron Ridge Phase 3 listings →
At Capron Ridge Phase 3’s $522,000 median and Brevard County’s adopted 15.6 mills (FY2025-26), a home assessed at that price carries roughly $8,150 a year in property tax before exemptions, or about $7,520 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Brevard County tax page.
Current asking prices run a median $368,400 against the $522,000 recorded sold median (-29%) — the gap between what sellers hope and what the record shows. The market is carrying about 0.9 months of supply at the current sales pace. Demand check: 60% of Capron Ridge Phase 3’s listings are under contract, against 35% for ZIP 32940 and 28% for Brevard County as a whole — the community is absorbing faster than its surroundings. Momentum’s market-heat index for Capron Ridge Phase 3 reads 45/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Asking prices here currently sit -29% under the recorded sold median — sellers are pricing to move, and the closed record above is the number a buyer's appraiser will see.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Capron Ridge Phase 3 are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Sandhill Crossing | $562,000 | $199 | 63 | 3 |
| Indian River Colony Club Viera | $511,000 | $212 | 6 | 3 |
| Suntree Lakes Ph Ii Melbourne | $441,250 | $218 | 118 | 4 |
| Wickham Lakes Melbourne | $425,000 | $249 | 12 | 5 |
More Capron Ridge Phase 3: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on information from the Space Coast MLS for the period 2005 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.