Fairfax
Homes for Sale in Merritt Island, FL
All 214 homes for sale in Merritt Island, FL · median $499,950 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, Fairfax Subd in Merritt Island, FL has 1 home for sale. Homes listed or recently sold were built 1967–1967; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 5 ft).
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.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Fairfax 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 October 20, 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
Fairfax is a late-sixties subdivision on Merritt Island: 56 homes, all built within a single two-year window, with a median footprint just over 1,800 square feet and a strong owner-occupant base.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Fairfax. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Fairfax
Fairfax
FairfaxPhotos from Space Coast MLS listings in Fairfax; content deemed reliable but not guaranteed.
Who Fairfax is best for.
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
Fairfax 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 specifically. Momentum Research analysis of MLS records.
Fairfax 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 contributors.
Recent Developments in Fairfax
Development, infrastructure, retail, and school activity affecting Fairfax, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Infrastructure
Brevard County Brightline station fully funded with $57 million federal grant
The planned Brightline station in Cocoa, near State Road 528, is now fully funded after a federal grant of about $57 million. Cocoa will own the station and Brightline will operate it, linking Cocoa and Port Canaveral to South Florida destinations. No construction start date has been set, and officials expect to release more details in early 2027.
What it may mean for the marketA passenger rail stop near SR 528 would add a regional transit option for commuters and visitors traveling between the Space Coast and other Florida metros. The site is about 1 mile south of Fairfax.
Source: FOX 35 Orlando - September 2026Civic
Space Force plans laser counter-drone defenses at Space Coast launch sites
Space Launch Delta 45 plans to deploy counter-drone technology, including lasers, to protect launch pads and critical infrastructure at Cape Canaveral and nearby facilities. Cost and operational date were not disclosed, and officials have not confirmed whether it will extend onto Kennedy Space Center property.
What it may mean for the marketAdded security investment at launch facilities reinforces the base's role as a long-term anchor for aerospace employment in the region. The site is about 12 miles northeast of Fairfax.
Source: FOX 35 Orlando - September 2026Parks & Amenities
1963 state lease limits redevelopment of Titusville marina district
A state lease signed in 1963 restricts how Titusville can develop its marina district near Sand Point Park, and changes require state approval. The mayor wants a year-round waterfront destination modeled on Cocoa Village, with options including boat slips, tours, restaurants, shops and family attractions. No timeline or cost has been published, and community meetings are planned over the coming months.
What it may mean for the marketIf the lease is amended, added waterfront dining and attractions could expand recreation and retail access for northern Brevard. The project is about 15 miles north of Fairfax, elsewhere in Brevard County.
Source: FOX 35 Orlando - July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 10 miles south of Fairfax, elsewhere in Brevard County.
Source: Viera - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 11 miles south of Fairfax, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 8 miles east of Fairfax, elsewhere in Brevard County.
Source: Homes.com News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Fairfax buying strategy.
If we were buying in Fairfax 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 Fairfax.
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. The deal is won or lost on condition, the comps, and the renovation math.
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 in 15 seconds.
What it really costs to own in Fairfax
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $2,337/yr across 3 listings here (MLS tax records, 2026-10-20). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1967 across 3 listings. An original roof here would be about 59 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Fairfax 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 Fairfax sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Fairfax, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Fairfax home worth?
Get a no-obligation home value based on real comparable sales in Fairfax, 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 →
Recently off market in Fairfax Subd
Homes in Fairfax Subd that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 2165 Topaz Court · off market
| Location | Merritt Island, Brevard County, FL |
|---|---|
| Homes in the community | 56 (FL DOR 2025 assessment roll) |
| Years built | 1967–1968 (median 1967) |
| Typical living area | 1,814 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $324,900 · 4.0 months of supply |
| Owner-occupied (homestead) share | 73% |
Data as of July 15, 2026. Based on information from the Space Coast MLS; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Fairfax key facts,” movewithmomentum.com/neighborhoods/fairfax-subd-merritt-island, data as of July 15, 2026.
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Merritt Island guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
- New construction
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
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Email me new listings in Fairfax
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Fairfax
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Fairfax will answer, and the answer is published on this page for the next buyer.
Fairfax Market Scorecard
Fairfax is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32952 ZIP is $439,615, about 9.8% 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 2026-10-20. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Price History: What Homes Here Have Actually Sold For
Median sale prices in Fairfax Subd Merritt Island year by year since 2012, from closed MLS sales. Long-run history beats any single estimate: it shows what this community has actually done through rate cycles, not what a model guesses.
Frequently Asked Questions
Is Fairfax a buyer's or seller's market right now?
How many homes are in Fairfax?
What share of Fairfax is owner-occupied?
When were the homes in Fairfax built?
Who is the best real estate agent for Fairfax?
How do I find a top Merritt Island real estate agent who knows Fairfax?
Can Momentum Realty connect me with an agent for Fairfax?
Where is Fairfax, and what county is it in?
Should you buy in Fairfax?
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: October 19, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space 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?
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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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