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Savannahs Phase Iii Pud The Merritt Island Home Values: What Homes Actually Sell For

Buying here? See Savannahs Phase Iii Pud the Merritt Island homes for sale and the Savannahs Phase Iii Pud the Merritt Island community guide (Merritt Island).

Savannahs Phase Iii Pud The Merritt Island (Merritt Island, FL): 3 recorded closings in the 12 months ending 2026-07-15, a 13-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

Median sold price
$530,000
window ending 2026-07-15
Median $/sqft
$235
3 recorded closings
Median days to sell
143
from list to contract-to-close record

In the current window, sellers accepted a median 84.3% of original asking; the median sale took 143 days (window ending 2026-07-15).

The 13-year recorded price history

20132026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$530,000$23514384.3%3
2024$625,000$2563993.0%6
2023$569,000$2201397.8%5
2022$489,000$1854100.0%3
2021$437,500$1802998.4%10
2020$385,000$1622997.0%8
2019$379,000$1641596.7%7
2018$395,000$1592696.9%4
2017$344,900$1422698.1%7
2016$292,500$1366195.9%9
2015$273,500$1263692.2%10
2014$290,500$1252195.9%4
2013$283,500$1164491.1%7

Over the recorded series, Savannahs Phase Iii Pud The Merritt Island’s median sold price moved from $283,500 (2013) to $530,000 (12 months ending 2026-07-15) — +87% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Savannahs Phase Iii Pud The Merritt Island, briefly

The recorded series starts in 2013 at $283,500. The 2020–22 run-up did what it did everywhere — Savannahs Phase Iii Pud The Merritt Island’s median moved +29% from 2019 to 2022. Against the 2024 peak of $625,000, the current median stands at -15%. Annual sales volume here has ranged from 1 to 10 closings a year (10-yr average 5.4). With roughly 5.4 closings a year, Savannahs Phase Iii Pud The 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.

The Savannahs Phase Iii Pud The Merritt Island housing stock, from the live feed

From the live MLS feed as of 2026-09-03: The homes listed or recently sold were built between 1994 and 2014 (median 2002); 4 of 4 listed or recently sold homes report an HOA, median $95/mo; none of the 4 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 5 ft); the features listings here most often name are Clubhouse, Golf Course, Playground, Tennis Court(s) and Park. See the current Savannahs Phase Iii Pud The Merritt Island listings →

At Savannahs Phase Iii Pud The Merritt Island’s $530,000 median and Brevard County’s adopted 15.6 mills (FY2025-26), a home assessed at that price carries roughly $8,270 a year in property tax before exemptions, or about $7,650 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.

Selling in Savannahs Phase Iii Pud The Merritt Island right now: what the record says

Current asking prices run a median $750,000 against the $530,000 recorded sold median (+42%) — the gap between what sellers hope and what the record shows. The market is carrying about 4 months of supply at the current sales pace.

With asking prices running +42% over the recorded sold median, a Savannahs Phase Iii Pud The Merritt Island listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.

What would YOUR Savannahs Phase Iii Pud The Merritt Island home sell for?

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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How Savannahs Phase Iii Pud The Merritt Island compares with its neighbors

Communities buyers shopping Savannahs Phase Iii Pud The 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.

CommunityMedian soldMedian $/sqftMedian DOMSales
Sunset Lakes Phase Iii Merritt Island$412,500$264144
Townhomes And Villas Of Diana Merritt Island$252,500$234425
Diana Shores Unit No 2 Merritt Island$715,000$3384018
Merritt Island Co-Op Apts Inc$95,000$152949

More Savannahs Phase Iii Pud The 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