New Georgiana Settlement The Merritt Island
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Gina Dalley McTernan, Real Broker, LLC · via Space Coast MLS
New Georgiana Settlement The Merritt Island is a 49-home enclave built primarily in the late eighties, with homes spread across a decade from 1988 to 1997. The median build year is 1989, and square footage is substantial - the median sits at 3,462 sq ft. Price here is almost entirely a function of condition and updates: decades-old mechanicals, kitchens, and baths carry real replacement cost, and buyers gravitate to turnkey renovations over deferred-maintenance projects. The waterfront amenities (boat dock access is a recurring MLS feature) also command a premium in a market that values Intracoastal proximity.
With one active listing against a 49-home base and a 3.0-month supply, the market is balanced - neither a fire sale nor a bidding war. The homestead share tops 93 percent, so turnover is episodic and tends to cluster around estate sales or relocations. Buyers today have modest negotiating room but should move decisively on well-maintained inventory; sellers with updated interiors and functional systems will find ready interest, while fixer candidates may sit until priced for the work ahead.
New Georgiana Settlement The Merritt Island right now
🟡 Balanced market. 3.0 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
The setting & the homes.
Aerial and on-site photos of New Georgiana Settlement The Merritt Island. Swipe to explore the community.
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New Georgiana Settlement The Merritt Island
New Georgiana Settlement The Merritt Island
New Georgiana Settlement The Merritt Island
New Georgiana Settlement The Merritt Island
New Georgiana Settlement The Merritt Island
New Georgiana Settlement The Merritt IslandPhotos from Space Coast MLS listings in New Georgiana Settlement The Merritt Island; content deemed reliable but not guaranteed.
Who New Georgiana Settlement The Merritt Island is best for.
Best for
- Buyers who prioritize water access and boat ownership over neighborhood amenities or walkable retail.
- Households comfortable managing or budgeting for age-related systems replacement in exchange for space and waterfront position.
- Buyers seeking substantial square footage in a low-turnover enclave where long-term ownership is the norm.
Probably not for
- Buyers who want contemporary finishes and low-maintenance systems without a renovation or capital-improvement budget.
- First-time buyers unfamiliar with the cost and complexity of maintaining older waterfront property and aging infrastructure.
- Anyone looking for walkable amenities, modern community features, or newer construction with limited near-term capital expense.
The market around New Georgiana Settlement The Merritt Island
New Georgiana Settlement The 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 New Georgiana Settlement The Merritt Island specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in New Georgiana Settlement The Merritt Island
Live MLS inventory for New Georgiana Settlement The 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 New Georgiana Settlement The 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.
New Georgiana Settlement The Merritt Island 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, tiles © CARTO.
Life at New Georgiana Settlement The Merritt Island
- Boat Dock · reported on 1 of 3 listings
- Water · reported on 1 of 3 listings
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
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Tropical · Elementary
- Jefferson · Middle
- Merritt Island · High
Zoned schools reflect the assignments reported on recent New Georgiana Settlement The 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 New Georgiana Settlement The Merritt Island address.
The New Georgiana Settlement The Merritt Island buying strategy.
If we were buying in New Georgiana Settlement The Merritt Island 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 New Georgiana Settlement The Merritt Island.
Large footprints, water access, and the age premium
New Georgiana Settlement The Merritt Island occupies a narrow construction window - 1988 to 1997 - and the bones of these homes reflect late-eighties spec and building codes. That means original HVAC, roofing, and electrical are approaching or past end-of-service life in many units, and a pre-offer inspection is non-negotiable. Homes with documented roof replacements, updated AC, and modern kitchens trade at a meaningful premium; those with original systems are priced accordingly or carry buyer uncertainty.
Square footage is generous across the board, with the median at 3,462 sq ft. Layouts favor traditional multi-bedroom, multi-bath floor plans - these are not contemporary open-concept designs. Waterfront orientation and boat-dock amenities recur in MLS data, making this community a fit for buyers who value navigable water and private dock access more than walkability or urban infrastructure. Brevard County taxes and insurance reflect coastal exposure; budget for both and verify flood-zone status on every lot.
The homestead share near 94 percent signals owner-occupied stability and infrequent turnover. Resale comps are sparse, so pricing new listings requires recent appraisal data and a realistic assessment of deferred maintenance. The market band is balanced today, but inventory can tighten quickly if multiple owners decide to hold rather than sell into uncertainty. For buyers, that means fewer choices but also fewer competing offers; for sellers, it means pricing must be sharp and condition must be honest.
The location and the amenities are priced into every listing in New Georgiana Settlement The Merritt Island. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
New Georgiana Settlement The Merritt Island demands an agent who knows how to price and inspect older waterfront inventory - and who will walk you away from a project that doesn't pencil. Momentum brokers pull permit history, verify bulkhead and dock condition, coordinate marine surveys when boat access is part of the value proposition, and price every listing against actual condition, not aspirational square footage. We represent your interest, not the narrative someone wants you to believe.
New Georgiana Settlement The Merritt Island 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 New Georgiana Settlement The Merritt Island 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 New Georgiana Settlement The Merritt Island sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in New Georgiana Settlement The Merritt Island, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your New Georgiana Settlement The Merritt Island home worth?
Get a no-obligation home value based on real comparable sales in New Georgiana Settlement The 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 New Georgiana Settlement The Merritt Island on the map →
New Georgiana Settlement Market Scorecard
New Georgiana Settlement is currently a buyer-leaning market (limited data). About 3.0 months of supply, a median asking price of $585,000.
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 New Georgiana Settlement The Merritt Island a buyer's or seller's market right now?
How many homes are in New Georgiana Settlement The Merritt Island?
What share of New Georgiana Settlement The Merritt Island is owner-occupied?
When were the homes in New Georgiana Settlement The Merritt Island built?
Who is the best real estate agent for New Georgiana Settlement The Merritt Island?
How do I find a top Merritt Island real estate agent who knows New Georgiana Settlement The Merritt Island?
Can Momentum Realty connect me with an agent for New Georgiana Settlement The Merritt Island?
Should you buy in New Georgiana Settlement The Merritt Island?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near New Georgiana Settlement The Merritt Island with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 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.
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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 your area comps.
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