Cape Crossing
Condos for Sale in Merritt Island, FL
All 203 homes for sale in Merritt Island, FL · median $530,000 · 35 condos for sale in Merritt Island · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of September 2026, Cape Crossing in Merritt Island, FL has 7 homes for sale, asking from $384,900 to $998,000 (median $494,900). Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $390,000, $263 per square foot, a median 36 days on market, sellers accepting 94% of original asking. Homes listed or recently sold were built 2017–2020; 12 of 12 report an HOA (median $1,108/mo); none of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 9 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,090 ($5,460 with the full homestead exemption).
Homes For Sale Right Now in Cape Crossing
Live MLS inventory for Cape Crossing. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
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ActiveActive and pending Cape Crossing listings as of 2026-09-14, priced high to low. Based on information from the Space Coast MLS for the period 2018 through 2026. Tap any home to ask about it.
In Cape Crossing, price is being set by the home itself more than by any community premium. With a median around $395,000 and a median near $289 per square foot, condition and layout are doing the heavy lifting here — there are no identified shared amenities pulling values up, so what you pay tracks closely to what a given house actually offers.
The current posture is patient. A median of roughly 54 days on market is slower than the frantic end of the cycle, which gives buyers room to inspect, negotiate, and walk away. For sellers, that same number is a reminder that presentation and realistic pricing matter — well-prepared homes move, overpriced ones sit.
Cape Crossing right now
🟢 Buyer-leaning market. 16.8 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 12, 2026. Confidence: Medium (7 active and pending listings, 5 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Cape Crossing market snapshot (as of September 12, 2026): the median sale price is about $390K ($263 per sq ft over the trailing 12 months of closed sales), a median 36 days on market for closed sales, and 16.8 months of supply, a buyer-leaning market.
In ZIP 32920 (Merritt Island), 139 homes closed in the last 12 months at a median of $369K ($224/sq ft), down 0.5% year over year, with a median 82 days on market. Right now 55 active and 18 pending listings put supply at about 7.7 months — a buyer's market. See the live ZIP 32920 housing market and the Brevard County market.
Space Coast MLS sales records identify 28 homes in Cape Crossing that have changed hands since 2019, built between 1964 and 2020 (median 2018), with a median living area of about 1,483 sq ft and a typical 3-bedroom, 2.5-bath layout. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Cape Crossing is a small-sample Merritt Island market where value is driven house by house rather than by community features, and the pace currently favors a deliberate buyer over a rushed one.
The setting & the homes.
Aerial and on-site photos of Cape Crossing. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Cape CrossingPhotos from Space Coast MLS listings in Cape Crossing; content deemed reliable but not guaranteed.
Who Cape Crossing is best for.
Best for
- Buyers targeting the mid-$300s to low-$400s who want to weigh condition against price directly
- Renovation-minded buyers comfortable with a wide spread around the per-square-foot median
- Patient purchasers who value a slower market with time to negotiate
Probably not for
- Buyers who want built-in community amenities as part of the deal
- Sellers expecting a fast, above-median sale in a slower-paced market
- Anyone who needs a deep pool of recent comps to feel confident on price
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($390K) IS the median in the snapshot above.
Windows contain 0 to 10 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2018 through 2026. Deemed reliable but not guaranteed.
28% of homes for sale in ZIP 32953 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).
Cape Crossing Market Scorecard
Cape Crossing is currently a buyer-leaning market. About 16.8 months of supply, a median asking price of $494,900.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Cape Crossing on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Carroll · Elementary
- Jefferson · Middle
- Merritt Island · High
Zoned schools reflect the assignments reported on recent Cape Crossing listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Cape Crossing address.
Shop the zone: Homes zoned for Merritt Island High School
The Cape Crossing buying strategy.
If we were buying in Cape Crossing today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cape Crossing.
A condition-driven pocket of Merritt Island
With no amenities identified from current MLS listings, Cape Crossing asks you to judge each property on its own merits. The median near $289 per square foot is a useful anchor, but expect a wide spread around it depending on updates, finishes, and how much work a home needs — this is a market where a renovated house and a dated one can look very different on paper even on the same street.
Read the closing data with care: the window here is thin, just four recent closings, so single sales can swing the median. Treat these numbers as a directional snapshot rather than a precise verdict, and lean on a current comparative analysis before you set an offer or a list price.
The location and the amenities are priced into every listing in Cape Crossing. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Thin data rewards local reading. Because Cape Crossing turns on a handful of closings and on the condition of each home, we price and negotiate from the specifics of the property in front of us rather than from a headline median — and in a market running near 54 days, we know how to use that time to a buyer's or seller's advantage.
Cape Crossing in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $767/month (about $9,204/yr) · median of 10 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $767 per month ($9,204 a year) — the median AssociationFee across 10 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Cape Crossing buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cape Crossing sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cape Crossing, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cape Crossing home worth?
Get a no-obligation home value based on real comparable sales in Cape Crossing, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Merritt Island →
Frequently Asked Questions
What is the median home price in Cape Crossing?
How long do homes in Cape Crossing take to sell?
Is Cape Crossing a buyer's or seller's market right now?
Who is the best real estate agent for Cape Crossing?
How do I find a top Merritt Island real estate agent who knows Cape Crossing?
Can Momentum Realty connect me with an agent for Cape Crossing?
Should you buy in Cape Crossing?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 14, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2018 (45 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Cape Crossing fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Cape Crossing with Momentum Realty’s local guides.