Momentum Housing Data · Home Values · Brevard County
Buying here? See S Merritt Estates 1st Grove Sec homes for sale and the S Merritt Estates 1st Grove Sec community guide (Merritt Island).
S Merritt Estates 1St Grove Sec Merritt Island (Merritt Island, FL): 3 recorded closings in the 12 months ending 2026-07-15, a 4-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 89.5% of original asking; the median sale took 41 days (window ending 2026-07-15).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $470,000 | $276 | 41 | 89.5% | 3 |
| 2017 | $319,450 | $130 | 34 | 88.1% | 4 |
| 2015 | $254,750 | $105 | 28 | 93.6% | 4 |
| 2013 | $197,000 | $97 | 136 | 102.3% | 3 |
Over the recorded series, S Merritt Estates 1St Grove Sec Merritt Island’s median sold price moved from $197,000 (2013) to $470,000 (12 months ending 2026-07-15) — +139% over that span, with every year’s figure from recorded closings, not a model.
From the live MLS feed as of 2026-09-03: The homes listed or recently sold were built between 1963 and 1964 (median 1963); none of the 4 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 5 ft). See the current S Merritt Estates 1St Grove Sec Merritt Island listings →
At S Merritt Estates 1St Grove Sec Merritt Island’s $470,000 median and Brevard County’s adopted 15.6 mills (FY2025-26), a home assessed at that price carries roughly $7,330 a year in property tax before exemptions, or about $6,710 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 S Merritt Estates 1St Grove Sec Merritt Island 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 S Merritt Estates 1St Grove Sec 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 |
|---|---|---|---|---|
| Merritt Ridge Sheet 4 Merritt Island | $300,000 | $224 | 96 | 4 |
| Three Meadows Phase Iii Rockledge | $417,500 | $254 | 23 | 6 |
| Merritt Island Co-Op Apts Inc | $95,000 | $152 | 94 | 9 |
| Oleander Pointe Ph Ii Cocoa | $481,500 | $313 | 113 | 6 |
More S Merritt Estates 1St Grove Sec 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.