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 4 Merritt Island (Merritt Island, FL): 4 recorded closings in the 12 months ending 2026-07-15, a 12-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 85.4% of original asking; the median sale took 96 days (window ending 2026-07-15).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $300,000 | $224 | 96 | 85.4% | 4 |
| 2025 | $330,000 | $239 | 65 | 94.9% | 4 |
| 2024 | $265,000 | $189 | 41 | 97.0% | 7 |
| 2022 | $295,750 | $254 | 10 | 98.6% | 4 |
| 2021 | $223,850 | $168 | 8 | 97.5% | 8 |
| 2020 | $180,000 | $147 | 17 | 94.7% | 5 |
| 2018 | $152,500 | $129 | 13 | 96.7% | 4 |
| 2017 | $124,500 | $133 | 7 | 96.9% | 8 |
| 2016 | $98,150 | $80 | 8 | 98.6% | 4 |
| 2015 | $92,500 | $76 | 17 | 94.7% | 9 |
| 2014 | $48,450 | $50 | 43 | 75.1% | 6 |
| 2012 | $55,000 | $57 | 32 | 104.8% | 7 |
Over the recorded series, Merritt Ridge Sheet 4 Merritt Island’s median sold price moved from $55,000 (2012) to $300,000 (12 months ending 2026-07-15) — +445% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $55,000. Against the 2025 peak of $330,000, the current median stands at -9%. Annual sales volume here has ranged from 1 to 9 closings a year (10-yr average 4.7). With roughly 4.7 closings a year, Merritt Ridge Sheet 4 Merritt Island’s 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 above.
Of the 14 recorded Merritt Ridge Sheet 4 Merritt Island closings since 2024, half landed between $273,125 and $318,500 (the middle two quartiles); the lowest recorded sale was $222,500 and the highest $335,000. 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 $250,000 | 2 (14%) | |
| $250,000 – $275,000 | 2 (14%) | |
| $275,000 – $300,000 | 2 (14%) | |
| $300,000 – $325,000 | 5 (36%) | |
| None and up | 3 (21%) |
From the live MLS feed as of 2026-09-03: The homes listed or recently sold were built between 1959 and 1960 (median 1959); none of the 5 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 8 ft). See the current Merritt Ridge Sheet 4 Merritt Island listings →
At Merritt Ridge Sheet 4 Merritt Island’s $300,000 median and Brevard County’s adopted 15.6 mills (FY2025-26), a home assessed at that price carries roughly $4,680 a year in property tax before exemptions, or about $4,060 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 $268,750 against the $300,000 recorded sold median (-10%) — the gap between what sellers hope and what the record shows. The market is carrying about 6 months of supply at the current sales pace. Momentum’s market-heat index for Merritt Ridge Sheet 4 Merritt Island reads 12/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Asking prices here currently sit -10% 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 Merritt Ridge Sheet 4 Merritt Island 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 |
|---|---|---|---|---|
| Oleander Pointe Ph Ii Cocoa | $481,500 | $313 | 113 | 6 |
| Merritt Island Co-Op Apts Inc | $95,000 | $152 | 94 | 9 |
| S Merritt Estates 1St Grove Sec Merritt Island | $470,000 | $276 | 41 | 3 |
| Diana Shores Unit No 2 Merritt Island | $715,000 | $338 | 40 | 18 |
More Merritt Ridge Sheet 4 Merritt Island: 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.