Indian Bay Estates Phase 1
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
Median sale $572K
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Live Market Pulse
25/100
Market Heat
Cooler than normal
2013 → 2026 · 85 at the 2022 peak
0 is Indian Bay Estates Phase 1's coldest market since 2013, 100 its hottest. Today: 25. How it's scored
Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Live · Indian Bay Estates Phase 1 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$572K
Median sold · 12 mo
down 2.6% vs the prior 12 months
-2.6%
1-yr price change
n = 4 and 6 sales in the two windows
$232/sf
Sold $/sqft · 12 mo
peak $264 in 2024
94.3%
Sale vs ask
+154%
T12M median vs 2012
from a $225K median in 2012
Tempo
78days
Median DOM · closed
3 days at the 2012 low
4
Sold · last 12 mo
10-yr average: about 5 a year
Track record · 22 years of records
2,290sqft
Median sold home size
12-mo windows, closed sales
Indian Bay Estates Phase 1 Housing Pulse · Momentum Research · as of July 15, 2026

Indian Bay Estates Phase 1 right now

🟡 Off the recent peak. The trailing-12-month median ($572K) is down 2.6% from the prior 12 months ($588K) and up 154% since 2012. With about 5 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 (4 and 6 sales in the two windows).

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

Indian Bay Estates Phase 1 market snapshot (as of July 15, 2026): the median sale price is about $572K ($232 per sq ft over the trailing 12 months of closed sales), and a median 78 days on market for closed sales. The trailing-12-month median is down 3% from the prior 12 months and up 154% since 2012, computed from record-level Space Coast MLS closed sales (4 closings in the current window).

Windows contain 2 to 9 sales each (4 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.

Median sale price · trailing 12 mo
$200K$400K$600K20122014201620182020202220242026
Down 2.6% year over year; up 154% since 2012.
Every sale since 2004 · price vs size
$0$250K$500K$750K2k3k4k5k
103 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $103 in 2012 to a $264 peak in 2024; $232 now.
Median days on market · closed sales
010020020122014201620182020202220242026
3 days at the 2012 low; 78 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
94.3% now.
Homes sold per 12-mo window
025820122014201620182020202220242026
2 to 9 a year; 4 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20142016202220242026
85 at the 2022 peak, 25 in the troughs, 25 now. Same score as the hero card, full history.

If we were buying in Indian Bay Estates Phase 1 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 Indian Bay Estates Phase 1.

A closer look at the Indian Bay Estates Phase 1 market

At a median of $232 per square foot, Indian Bay Estates Phase 1 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 3% year over year. Homes that do trade take a median 78 days on market, useful leverage on any listing that has lingered.

The location and the amenities are priced into every listing in Indian Bay Estates Phase 1. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.9B- · Buy Score
Long-Term Appreciation9.2/10
Recent Direction5.3/10
Pricing Power6.2/10

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 3 factors (6.9). Basis: Long-Term Appreciation +154% since 2012; Recent Direction -2.6% year-over-year; Pricing Power 94.3% 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 Indian Bay Estates Phase 1 sales matched to your home.

What is your Indian Bay Estates Phase 1 home worth?

Get a no-obligation home value based on real comparable sales in Indian Bay Estates Phase 1, 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 Indian Bay Estates Phase 1 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Indian Bay Estates Phase 1?
The median sale price in Indian Bay Estates Phase 1 was $572K over the 12 months ending July 15, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Indian Bay Estates Phase 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 78 days on market (4 sales, Space Coast MLS).
Have Indian Bay Estates Phase 1 home prices gone up?
The trailing-12-month median is up 154% since 2012, from $225K to $572K (Space Coast MLS closed records).
Who is the best real estate agent for Indian Bay Estates Phase 1?
The best agent for Indian Bay Estates Phase 1 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 Indian Bay Estates Phase 1.
How do I find a top Merritt Island real estate agent who knows Indian Bay Estates Phase 1?
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 Indian Bay Estates Phase 1 and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Indian Bay Estates Phase 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Indian Bay Estates Phase 1 purchase or sale - no call center and no pressure.

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (103 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.

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