Momentum Housing Data · Home Values · Brevard County
Buying here? See Somerset Oceanfront Condo homes for sale and the Somerset Oceanfront Condo community guide (Indian Harbour Beach).
Somerset Oceanfront Condo (Indian Harbour Beach, FL): 8 recorded closings in the 12 months ending 2026-09-20, a 14-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 92.2% of original asking; the median sale took 111 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $938,500 | $405 | 111 | 92.2% | 8 |
| 2024 | $868,500 | $430 | 67 | 92.8% | 6 |
| 2023 | $980,000 | $438 | 17 | 95.9% | 7 |
| 2022 | $842,500 | $421 | 18 | 98.3% | 8 |
| 2021 | $820,000 | $349 | 8 | 98.9% | 17 |
| 2020 | $610,000 | $267 | 188 | 96.5% | 9 |
| 2019 | $595,000 | $258 | 57 | 96.2% | 6 |
| 2018 | $565,000 | $254 | 47 | 93.0% | 7 |
| 2017 | $565,000 | $265 | 39 | 95.5% | 11 |
| 2016 | $512,000 | $240 | 26 | 96.6% | 7 |
| 2015 | $520,000 | $226 | 44 | 95.8% | 8 |
| 2014 | $419,000 | $227 | 80 | 94.3% | 3 |
| 2013 | $464,000 | $200 | 82 | 93.7% | 9 |
| 2012 | $432,000 | $193 | 55 | 97.3% | 11 |
Over the recorded series, Somerset Oceanfront Condo’s median sold price moved from $432,000 (2012) to $938,500 (12 months ending 2026-09-20) — +117% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $432,000. The 2020–22 run-up did what it did everywhere — Somerset Oceanfront Condo’s median moved +42% from 2019 to 2022. Against the 2023 peak of $980,000, the current median stands at -4%. Annual sales volume here has ranged from 2 to 17 closings a year (10-yr average 8.1). With roughly 8.1 closings a year, Somerset Oceanfront Condo’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 15 recorded Somerset Oceanfront Condo closings since 2024, half landed between $832,925 and $1,025,000 (the middle two quartiles); the lowest recorded sale was $725,000 and the highest $1,140,000. 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 $800,000 | 2 (13%) | |
| $800,000 – $883,333 | 4 (27%) | |
| $883,333 – $966,667 | 3 (20%) | |
| $966,667 – $1,050,000 | 3 (20%) | |
| None and up | 3 (20%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($437 vs $384) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,832–2,225 sq ft | $437 | $817,000 | $725,000 – $1,050,000 | 5 |
| Mid-size homes 2,225–2,225 sq ft | $461 | $1,025,000 | $848,850 – $1,075,000 | 5 |
| Larger homes 2,225–2,578 sq ft | $384 | $948,000 | $786,000 – $1,140,000 | 5 |
From the live MLS feed as of 2026-10-01: The homes listed or recently sold were built between 2003 and 2004 (median 2004); 11 of 11 listed or recently sold homes report an HOA, median $1,010/mo; none of the 11 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 16 ft); the features listings here most often name are Clubhouse, Secured Lobby, Maintenance Grounds, Beach Access, Elevator(s) and Spa/Hot Tub. See the current Somerset Oceanfront Condo listings →
At Somerset Oceanfront Condo’s $938,500 median and Brevard County’s adopted 15.6 mills (FY2025-26), a home assessed at that price carries roughly $14,640 a year in property tax before exemptions, or about $14,020 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 $835,000 against the $938,500 recorded sold median (-11%) — the gap between what sellers hope and what the record shows. The market is carrying about 4.5 months of supply at the current sales pace. Demand check: 0% of Somerset Oceanfront Condo’s listings are under contract, against 24% for ZIP 32937 and 26% for Brevard County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information.
Asking prices here currently sit -11% 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 Somerset Oceanfront Condo 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 |
|---|---|---|---|---|
| The Jamestown Condo | $111,000 | $123 | 43 | 5 |
| The Gardens Of Indian Harbour Beach | $295,000 | $225 | 20 | 5 |
| Ocean Walk Condo | $477,650 | $408 | 56 | 3 |
| Seacoast Shores | $575,000 | $282 | 21 | 9 |
More Somerset Oceanfront Condo: 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 2004 through 2026. 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.