Momentum Housing Data · Home Values · Brevard County

Somerset Oceanfront Condo Home Values: What Homes Actually Sell For

Somerset Oceanfront Condo (Indian Harbour Beach, FL): 8 recorded closings in the 12 months ending 2026-07-15, 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.

Median sold price
$902,000
window ending 2026-07-15
Median $/sqft
$389
8 recorded closings
Median days to sell
120
from list to contract-to-close record

In the current window, sellers accepted a median 90.2% of original asking; the median sale took 120 days (window ending 2026-07-15).

The 14-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$902,000$38912090.2%8
2024$817,000$4137692.1%5
2023$955,000$4391796.3%8
2022$933,000$4021798.5%10
2021$778,750$347798.4%14
2020$610,000$2659696.5%11
2019$575,000$2588293.0%5
2018$565,000$2544793.0%7
2017$565,000$2653596.6%11
2016$487,500$2437496.0%8
2015$535,000$2261496.3%6
2014$451,500$1969993.2%6
2013$445,000$2008094.2%8
2012$430,000$1934397.3%11

Over the recorded series, Somerset Oceanfront Condo’s median sold price moved from $430,000 (2012) to $902,000 (12 months ending 2026-07-15) — +110% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Somerset Oceanfront Condo, briefly

The recorded series starts in 2012 at $430,000. The 2020–22 run-up did what it did everywhere — Somerset Oceanfront Condo’s median moved +62% from 2019 to 2022. Against the 2023 peak of $955,000, the current median stands at -6%. Annual sales volume here has ranged from 2 to 14 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.

Where Somerset Oceanfront Condo sales actually landed, 2024–2026

Of the 14 recorded Somerset Oceanfront Condo closings since 2024, half landed between $824,962 and $1,016,250 (the middle two quartiles); the lowest recorded sale was $725,000 and the highest $1,075,000. 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 bandShare of closingsSales
Under $800,000
2 (14%)
$800,000 – $883,333
4 (29%)
$883,333 – $966,667
3 (21%)
$966,667 – $1,050,000
3 (21%)
None and up
2 (14%)

At Somerset Oceanfront Condo’s $902,000 median and Brevard County’s adopted 15.6 mills (FY2025-26), a home assessed at that price carries roughly $14,070 a year in property tax before exemptions, or about $13,450 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 Somerset Oceanfront Condo right now: what the record says

The table above is the closed-sale record to price a Somerset Oceanfront Condo home against; asking prices are an opening position, recorded closings are the value.

What would YOUR Somerset Oceanfront Condo 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 Somerset Oceanfront Condo compares with its neighbors

Communities buyers shopping Somerset Oceanfront Condo are also weighing (same city (Indian Harbour Beach)), 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
Cristal Condo$717,500$388774
Indian Harbour Beach$532,000$3174121
Golden Beach Estates 1St Addn$493,250$321238
Ocean Walk Condo$477,650$408563

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 %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