Momentum Housing Data · Home Values · Brevard County
Every figure below is from recorded MLS closings in Capron Ridge Phase 3 (Melbourne, FL) — not an algorithm’s estimate. Medians, the 15-year price history, market time, and what the record says about selling here now. Window ending 2026-08-10; refreshes as new closings record.
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 | Sales |
|---|---|---|---|---|
| 2026 | $522,000 | $221 | 22 | 28 |
| 2025 | $522,500 | $252 | 60 | 11 |
| 2024 | $489,500 | $222 | 26 | 20 |
| 2023 | $500,000 | $238 | 15 | 19 |
| 2022 | $460,500 | $210 | 6 | 36 |
| 2021 | $366,000 | $182 | 18 | 35 |
| 2020 | $377,000 | $151 | 47 | 38 |
| 2019 | $324,950 | $147 | 69 | 32 |
| 2018 | $335,000 | $150 | 17 | 39 |
| 2017 | $340,000 | $144 | 22 | 41 |
| 2016 | $321,450 | $141 | 42 | 48 |
| 2015 | $273,500 | $127 | 36 | 36 |
| 2014 | $244,950 | $111 | 27 | 46 |
| 2013 | $231,361 | $107 | 10 | 67 |
| 2012 | $219,000 | $95 | 39 | 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). Small-community medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure in the table above.
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).
For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.
The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum 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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More Capron Ridge Phase 3: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs
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