Fairfax Subd Merritt Island in Merritt Island

Fairfax Subd Merritt Island
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
56 homesBuilt 1967–1968
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Fairfax Subd Merritt Island Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
4.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
73%
Owner-occupied · Fairfax Subd Merritt Island
41 of 56 parcels homesteaded (FL DOR 2025)
27%
Non-owner-occupied · Fairfax Subd Merritt Island
incl. 11% trust or LLC-held · 5% out-of-state
56
Homes in the community
56 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1967
Community established
homes built 1967-1968, median 1967 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Fairfax is a 56-home subdivision on Merritt Island built entirely in 1967 - 1968, delivering mid-century ranch and split-plan homes that today median around 1,814 square feet. What sets pricing here is condition and updates - there is nearly six decades of divergence in how these homes have been maintained, modernized, or left original. Buyers should expect to evaluate each listing individually; construction year is uniform, but livability is not.

The market sits at 4.0 months of supply - balanced - with just one active listing as of mid-July. The 73% homestead share tells you this is an owner-occupied enclave with low churn. If you find the right home here, you're buying into a stable, established block where turnover is infrequent and neighbors tend to stay.

Fairfax Subd Merritt Island Housing Pulse · Momentum Research · as of July 15, 2026

Fairfax Subd Merritt Island right now

🟡 Balanced market. 4.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.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 July 15, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).

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

Best for

  • Buyers seeking an established Merritt Island address with median square footage near 1,800 square feet and the flexibility to renovate or update over time
  • Owners who prefer a quiet, no-HOA environment and value long-term neighbors over resort-style amenities
  • Investors or occupants comfortable underwriting deferred maintenance and capital improvements in exchange for lower entry cost per square foot

Probably not for

  • Buyers who require turnkey, recently built homes with modern open plans and updated mechanical systems
  • Anyone seeking community pools, clubhouses, or shared amenity infrastructure
  • Purchasers on a tight timeline who cannot absorb the due diligence required to evaluate a home built nearly six decades ago

The market around Fairfax Subd Merritt Island

Fairfax Subd Merritt Island is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Fairfax Subd Merritt Island specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Fairfax Subd Merritt Island

Live MLS inventory for Fairfax Subd Merritt Island. 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 Fairfax Subd Merritt Island listings as of 2026-07-14, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.

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

Schools

In short
  • 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 Fairfax Subd Merritt Island 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 Fairfax Subd Merritt Island address.

If we were buying in Fairfax Subd Merritt Island 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 Fairfax Subd Merritt Island.

Best Buy
Buyers who want established Merritt Island square footage and are comfortable evaluating - or budgeting for - updates in a late-sixties home.
Biggest Risk
Condition varies widely; you may inherit original electric, plumbing, or HVAC that will need replacement on your timeline.
Sweet Spot
The buyer who values location and bones over finishes and is prepared to make a vintage home their own.
Avoid If
You need move-in-ready modern systems or expect community amenities - Fairfax offers neither.

What the vintage means

Every home in Fairfax dates to 1967 or 1968, which means you're shopping a cohort, not a range. Floor plans reflect the era - expect original galley kitchens, single-pane sliders, terrazzo or vinyl tile, and carports or one-car garages. Some homes have been remodeled with open kitchens, impact glass, and updated HVAC; others remain time capsules. The appeal is not in newness - it is in the mature landscaping, the wide lots typical of the period, and the opportunity to acquire square footage in an established Merritt Island location without paying for recent construction premiums.

With 73% of the subdivision homesteaded, you are joining a community where most owners have been in place long enough to qualify for the exemption - this is not a rental farm or a flip corridor. The single active listing and four-month supply reflect that stability: homes do not come to market often, and when they do, condition and updates will dictate value far more than the year on the tax roll.

Fairfax offers no community amenities - no pool, no clubhouse, no HOA infrastructure. What you gain is simplicity: lower monthly overhead, no architectural review, and the autonomy that comes with a subdivision that has aged into a collection of individually maintained properties rather than a managed lifestyle product.

The location and the amenities are priced into every listing in Fairfax Subd Merritt Island. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a vintage subdivision with just one active listing, the real work happens off-market and in evaluation. Momentum tracks Fairfax closely - we know which homes have been updated, which sales reflected deferred maintenance, and what condition-driven spreads look like in a cohort this uniform by age. We will walk the property with an eye for original systems, help you budget for likely capital expenses, and tell you candidly when a home's asking price does not align with the work it will need. In a neighborhood where inventory turns over infrequently, that institutional memory and honesty matter more than access to listings.

Fairfax Subd Merritt Island in 15 seconds.

Best forBuyers who want established Merritt Island square footage and are comfortable evaluating - or budgeting for - updates in a late-sixties home.
Biggest advantageA stable, owner-occupied block with infrequent turnover, mature landscaping, and no HOA overhead.
Biggest riskCondition varies widely; you may inherit original electric, plumbing, or HVAC that will need replacement on your timeline.
Sweet spotThe buyer who values location and bones over finishes and is prepared to make a vintage home their own.
Avoid ifYou need move-in-ready modern systems or expect community amenities - Fairfax offers neither.

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 Fairfax Subd Merritt Island sales matched to your home.

What is your Fairfax Subd Merritt Island home worth?

Get a no-obligation home value based on real comparable sales in Fairfax Subd Merritt Island, 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 Fairfax Subd Merritt Island on the map →

Real comps, not an automated estimate.

Fairfax Market Scorecard

Buyer-Leaning Market (limited data)

Fairfax is currently a buyer-leaning market (limited data). About 4.0 months of supply, a median asking price of $324,900.

4.0
Months supply
$324,900
Median list
$315,000
Median sold
$252
Per sqft
n/a
Days on mkt
1/0/3
Active/Pend/Sold

Typical home value in the 32952 ZIP is $438,601, about 10.9% 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 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Fairfax Subd Merritt Island a buyer's or seller's market right now?
As of July 15, 2026, Fairfax Subd Merritt Island is roughly balanced: 4.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Fairfax Subd Merritt Island?
The Florida DOR 2025 assessment roll shows 56 homes in Fairfax Subd Merritt Island (public records).
What share of Fairfax Subd Merritt Island is owner-occupied?
73% of Fairfax Subd Merritt Island parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Fairfax Subd Merritt Island built?
Homes in Fairfax Subd Merritt Island were built between 1967 and 1968, with a median year built of 1967 (FL DOR 2025 roll).
Who is the best real estate agent for Fairfax Subd Merritt Island?
The best agent for Fairfax Subd Merritt Island is one who actively works Merritt Island 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 Fairfax Subd Merritt Island.
How do I find a top Merritt Island real estate agent who knows Fairfax Subd Merritt Island?
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 Fairfax Subd Merritt Island and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Fairfax Subd Merritt Island?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Fairfax Subd Merritt Island purchase or sale - no call center and no pressure.
Buyers seeking an established Merritt Island address with median square footage near 1,800 square feet and the flexibility to renovate or update over timeExcellent fit
Owners who prefer a quiet, no-HOA environment and value long-term neighbors over resort-style amenitiesExcellent fit
Investors or occupants comfortable underwriting deferred maintenance and capital improvements in exchange for lower entry cost per square footExcellent fit
Buyers who require turnkey, recently built homes with modern open plans and updated mechanical systemsProbably not
Anyone seeking community pools, clubhouses, or shared amenity infrastructureProbably not
Purchasers on a tight timeline who cannot absorb the due diligence required to evaluate a home built nearly six decades agoProbably not

Nearby Communities

Explore more neighborhoods near Fairfax Subd Merritt Island with Momentum Realty’s local guides.

CGCarlton Groves Subd No 3 Merritt IslandMerritt Island, FL · 0.3 miVilla De Palmas Sykes Cove Merritt IslandMerritt Island, FL · 0.3 miKTKenzel Terrace Subd Merritt IslandMerritt Island, FL · 0.3 miQuail Run Estates Merritt IslandMerritt Island, FL · 0.4 miTATownhomes And Villas Of Diana Merritt IslandMerritt Island, FL · 0.6 miDiana Shores Unit No 2 Merritt IslandMerritt Island, FL · 0.9 miRIRiver Island Raquette Club Merritt IslandMerritt Island, FL · 1.0 miIRIndian River Village Merritt IslandMerritt Island, FL · 1.0 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12

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.

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