Colony Park N
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Colony Park N sits at a median of $70,000 with a median of about $61 per square foot, and that combination tells you most of the story: price here is driven by structure type and condition, not by a broad range of finished single-family stock. When the median price and the price per foot are both this low, you are usually looking at compact, condition-sensitive inventory where what you pay tracks closely to what shape the unit is in.
The market posture is soft. Prices are down 55.4% year over year, and with only 3 closings in the current window, a single sale swings the numbers hard, so treat every figure as a signal, not a settled value. That said, homes are moving in a median of 18 days, which for a market this priced means well-presented, correctly-priced units clear quickly. A heat score of 28 reads cool, but 18 days on market is the number sellers should focus on: the buyers who are here act fast.
Colony Park N right now
🔴 Off the recent peak. The trailing-12-month median ($70K) is down 55.4% from the prior 12 months ($157K). With about 3 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 July 15. Confidence: Low (3 and 3 sales in the two windows).
What's unique here: the median sale price is about 79% below the typical Brevard County sale ($70K vs $336K, trailing 12 months, Space Coast MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 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
Colony Park N market snapshot (as of July 15, 2026): the median sale price is about $70K ($61 per sq ft over the trailing 12 months of closed sales), and a median 18 days on market for closed sales. The trailing-12-month median is down 55% from the prior 12 months, computed from record-level Space Coast MLS closed sales (3 closings in the current window).
Colony Park N is a small, low-price-point pocket of Merritt Island where value is condition-first and the sample size is thin — the steep year-over-year move and the 3-closing window mean the median is a rough compass, not a precise price tag.
Who Colony Park N is best for.
Best for
- Value-focused buyers working at the low end of the Brevard market who prioritize price over amenities
- Buyers comfortable doing thorough inspections and pricing for condition rather than for a headline median
- Investors seeking a low per-square-foot entry who can move quickly in an 18-day market
Probably not for
- Buyers who need community amenities, since none were identified in current listings
- Buyers who want the reassurance of a deep, high-volume comparable set to anchor value
- Buyers unwilling to underwrite condition risk on lower-priced, condition-sensitive stock
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($70K) IS the median in the snapshot above, and the move from 2025 ($157K) IS the -55.4% one-year change.
Windows contain 1 to 8 sales each (3 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 %s through %s. Deemed reliable but not guaranteed.
The Colony Park N buying strategy.
If we were buying in Colony Park N 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Colony Park N.
A thin, condition-driven market
With just 3 closings in the reporting window, Colony Park N is a low-volume market, and that matters more than any single statistic. A 55.4% year-over-year drop looks dramatic, but in a market this small it can reflect a shift in what happened to sell rather than a broad collapse in value. Anyone reading this median should ask what specific units traded before drawing conclusions.
No community amenities were identified from current MLS listings, so the pitch here is not shared facilities — it is price entry and location within Merritt Island and Brevard County. The 18-day median days on market says that when something is priced to the reality of its condition, it does not linger. The lever a seller controls is condition and pricing; the lever a buyer controls is patience and inspection discipline.
The location and the amenities are priced into every listing in Colony Park N. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market with only 3 recent closings, the published median can mislead in either direction, and that is exactly where local read matters. We will walk each unit on its own merits — condition, structure type, and true comparables — instead of anchoring to a headline number, and we will tell you plainly when a listing's price does not match its shape.
Colony Park N in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Colony Park N 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 Colony Park N sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Colony Park N, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Colony Park N home worth?
Get a no-obligation home value based on real comparable sales in Colony Park N, 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 Colony Park N on the map →
Frequently Asked Questions
What is the median home price in Colony Park N?
How long do homes in Colony Park N take to sell?
Who is the best real estate agent for Colony Park N?
How do I find a top Merritt Island real estate agent who knows Colony Park N?
Can Momentum Realty connect me with an agent for Colony Park N?
Should you buy in Colony Park N?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Space Coast MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (69 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 →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Colony Park N fits the bigger picture — live prices, inventory, and Momentum Scores:
More Merritt Island & Space Coast / Brevard County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.