Momentum Housing Data · Home Values · Brevard County
Buying here? See Merritt Ridge Sheet 4 homes for sale and the Merritt Ridge Sheet 4 community guide (Merritt Island).
Merritt Ridge Sheet 2 (Merritt Island, FL): 3 recorded closings in the 12 months ending 2026-07-15, a 5-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 95.6% of original asking; the median sale took 38 days (window ending 2026-07-15).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $262,500 | $156 | 38 | 95.6% | 3 |
| 2021 | $254,900 | $161 | 24 | 97.3% | 5 |
| 2020 | $173,000 | $142 | 51 | 95.2% | 5 |
| 2014 | $53,700 | $62 | 42 | 90.6% | 3 |
| 2012 | $85,000 | $60 | 10 | 93.4% | 3 |
Over the recorded series, Merritt Ridge Sheet 2’s median sold price moved from $85,000 (2012) to $262,500 (12 months ending 2026-07-15) — +209% over that span, with every year’s figure from recorded closings, not a model.
At Merritt Ridge Sheet 2’s $262,500 median and Brevard County’s adopted 15.6 mills (FY2025-26), a home assessed at that price carries roughly $4,100 a year in property tax before exemptions, or about $3,470 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.
The table above is the closed-sale record to price a Merritt Ridge Sheet 2 home against; asking prices are an opening position, recorded closings are the value.
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 Merritt Ridge Sheet 2 are also weighing (same city (Merritt Island)), 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 |
|---|---|---|---|---|
| Sunny Acres Subd | $262,500 | $271 | 21 | 5 |
| Townhomes And Villas Of Diana Merritt Island | $252,500 | $234 | 42 | 5 |
| Villas At Newfound Harbor The | $285,000 | $251 | 55 | 5 |
| Merritt Towers Condo | $290,000 | $229 | 117 | 4 |
More Merritt Ridge Sheet 2: 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 %s through %s. 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.