Momentum Housing Data · Home Values · Brevard County
Every figure below is from recorded MLS closings in Savannahs Phase Iii Pud The Merritt Island (Merritt Island, FL) — not an algorithm’s estimate. Medians, the 13-year price history, market time, and what the record says about selling here now. Window ending 2026-07-15; refreshes as new closings 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).
| Year | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| 2026 | $530,000 | $235 | 143 | 3 |
| 2024 | $625,000 | $256 | 39 | 6 |
| 2023 | $569,000 | $220 | 13 | 5 |
| 2022 | $489,000 | $185 | 4 | 3 |
| 2021 | $437,500 | $180 | 29 | 10 |
| 2020 | $385,000 | $162 | 29 | 8 |
| 2019 | $379,000 | $164 | 15 | 7 |
| 2018 | $395,000 | $159 | 26 | 4 |
| 2017 | $344,900 | $142 | 26 | 7 |
| 2016 | $292,500 | $136 | 61 | 9 |
| 2015 | $273,500 | $126 | 36 | 10 |
| 2014 | $290,500 | $125 | 21 | 4 |
| 2013 | $283,500 | $116 | 44 | 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 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). 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 $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.
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 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