Capron Ridge Phase 3 in Melbourne

Capron Ridge Phase 3
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County · ZIP 32940
199 homesBuilt 2005–2021Median sale $522K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
45/100
Market Heat
Near its long-run normal
2013 → 2026 · 92 at the 2022 peak
0 is Capron Ridge Phase 3's coldest market since 2013, 100 its hottest. Today: 45. How it's scored
Built fromLive Space Coast MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · Capron Ridge Phase 3 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$522K
Median sold · 12 mo
down 0.1% vs the prior 12 months
-0.1%
1-yr price change
n = 28 and 11 sales in the two windows
$221/sf
Sold $/sqft · 12 mo
peak $252 in 2025
97.5%
Sale vs ask
+138%
T12M median vs 2012
from a $219K median in 2012
Tempo
0.9mo
Supply
3 to 6 months is the balanced band
23days
Median DOM · closed
7 days at the 2022 low
60%
Under contract
Brevard: 28% (1,632 of 5,725)
2 · 3
For sale · pending
live counts, refreshed twice daily
28
Sold · last 12 mo
10-yr average: about 30 a year
Ownership and context
74%
Owner-occupied · Capron Ridge Phase 3
148 of 199 parcels homesteaded (FL DOR 2025)
26%
Non-owner-occupied · Capron Ridge Phase 3
incl. 7% trust or LLC-held · 6% out-of-state
199
Homes in the community
199 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 2005
Community established
homes built 2005-2021, median 2007 (FL DOR 2025)
2,034sqft
Median sold home size
12-mo windows, closed sales
14.1%/yr
Turnover rate
about 28 of 199 homes trade a year
Capron Ridge Phase 3 Housing Pulse · Momentum Research · as of August 10, 2026

Capron Ridge Phase 3 right now

🔴 Seller-leaning market. 0.9 months of supply and 60% of the inventory already under contract give sellers the pressure advantage.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 August 10, 2026. Confidence: Very High (5 active and pending listings, 28 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($522K) is down 0.1% from the prior 12 months ($522K) and up 138% since 2012. With about 30 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending August 10. Confidence: Medium (28 and 11 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 10, 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

Capron Ridge Phase 3 market snapshot (as of August 10, 2026): the median sale price is about $522K ($221 per sq ft over the trailing 12 months of closed sales), a median 23 days on market for closed sales, and 0.9 months of supply, a seller-leaning market. The trailing-12-month median is down 0% from the prior 12 months and up 138% since 2012, computed from record-level Space Coast MLS closed sales (28 closings in the current window).

Capron Ridge Phase 3 is a community of 199 homes in Melbourne, Brevard County, built between 2005 and 2021 (median 2007), with a median living area of about 2,765 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 11 to 67 sales each (28 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 2005 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K$500K20122014201620182020202220242026
Down 0.1% year over year; up 138% since 2012.
Every sale since 2005 · price vs size
$0$250K$500K$750K2k3k4k
748 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$25020122014201620182020202220242026
Up from $95 in 2012 to a $252 peak in 2025; $221 now.
Median days on market · closed sales
020406020122014201620182020202220242026
7 days at the 2022 low; 23 now.
Sale price vs original ask · median
96%98%100%20122014201620182020202220242026
97.5% now.
Homes sold per 12-mo window
020406020122014201620182020202220242026
11 to 67 a year; 28 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
92 at the 2022 peak, 8 in the troughs, 45 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,120/mo
Brevard County typical true cost to own
$196/mo
Brevard County typical home insurance
No CDD
No community development district bond

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Capron Ridge Market Scorecard

Balanced Market (limited data)

Capron Ridge is currently a balanced market (limited data). About 1.2 months of supply, a median asking price of $376,900.

1.2
Months supply
$376,900
Median list
$459,000
Median sold
$210
Per sqft
n/a
Days on mkt
3/1/29
Active/Pend/Sold

Typical home value in the 32940 ZIP is $492,276, about 7.6% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-08-19. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Capron Ridge Phase 3, Melbourne

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 17 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-08-14)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period August 2026 through August 2026. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Capron Ridge Phase 3

Live MLS inventory for Capron Ridge Phase 3. 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.

Active and pending Capron Ridge Phase 3 listings as of 2026-08-18, priced high to low. Based on information from the Space Coast MLS for the period 2005 through 2026. Tap any home to ask about it.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Quest · Elementary
  • Kennedy · Middle
  • Viera · High

Zoned schools reflect the assignments reported on recent Capron Ridge Phase 3 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 Capron Ridge Phase 3 address.

If we were buying in Capron Ridge Phase 3 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Capron Ridge Phase 3.

A closer look at the Capron Ridge Phase 3 market

At a median of $221 per square foot, Capron Ridge Phase 3 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 0.9 months of supply, a seller-leaning market. Homes that do trade take a median 23 days on market, useful leverage on any listing that has lingered.

The housing stock is 199 homes built between 2005 and 2021, and 74% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Capron Ridge Phase 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.9B+ · Buy Score
Long-Term Appreciation8.5/10
Recent Direction6.0/10
Liquidity & Demand9.1/10
Owner Commitment7.4/10
Pricing Power8.3/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (7.9). Basis: Long-Term Appreciation +138% since 2012; Recent Direction -0.1% year-over-year; Liquidity & Demand 0.9 months of supply; Owner Commitment 74% owner-occupied; Pricing Power 97.5% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Capron Ridge Phase 3 sales matched to your home.

What is your Capron Ridge Phase 3 home worth?

Get a no-obligation home value based on real comparable sales in Capron Ridge Phase 3, 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 homes for sale in Capron Ridge Phase 3 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Capron Ridge Phase 3?
The median sale price in Capron Ridge Phase 3 was $522K over the 12 months ending August 10, 2026 (28 closed sales, Space Coast MLS).
How long do homes in Capron Ridge Phase 3 take to sell?
Homes that closed in the 12 months ending August 10, 2026 took a median 23 days on market (28 sales, Space Coast MLS).
Is Capron Ridge Phase 3 a buyer's or seller's market right now?
As of August 10, 2026, Capron Ridge Phase 3 leans toward sellers: 0.9 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Capron Ridge Phase 3?
The Florida DOR 2025 assessment roll shows 199 homes in Capron Ridge Phase 3 (public records).
What share of Capron Ridge Phase 3 is owner-occupied?
74% of Capron Ridge Phase 3 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Capron Ridge Phase 3 built?
Homes in Capron Ridge Phase 3 were built between 2005 and 2021, with a median year built of 2007 (FL DOR 2025 roll).
Have Capron Ridge Phase 3 home prices gone up?
The trailing-12-month median is up 138% since 2012, from $219K to $522K (Space Coast MLS closed records).
Who is the best real estate agent for Capron Ridge Phase 3?
The best agent for Capron Ridge Phase 3 is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Capron Ridge Phase 3.
How do I find a top Melbourne real estate agent who knows Capron Ridge Phase 3?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Capron Ridge Phase 3 and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Capron Ridge Phase 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Capron Ridge Phase 3 purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near Capron Ridge Phase 3 with Momentum Realty’s local guides.

HSHoliday Springs At Suntree Melbourne0.5 mi awaySCSandhill Crossing Melbourne0.5 mi awayAVAddison Village Viera0.6 mi awayCSCoral Springs Melbourne1.0 mi awayOPOakledge Park Rockledge1.0 mi awayIRIndian River Colony Club Viera1.1 mi awaySMSunrise Melbourne1.1 mi awayAVAvalonia Viera1.2 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: August 10, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending August 10, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 32940/32955))
Under-contract sharesSpace Coast MLS records, as of 2026-08-10
Historical depthClosed-sale records back to 2005 (748 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 your area comps.

Looking to buy here? Search homes for sale →

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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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CallFree valuation →
Thinking of selling in Capron Ridge Phase 3? 28 recorded closings; median 22 days on market (window ending 2026-08-10). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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