Quail Run Estates market snapshot (as of June 25, 2026): the median sale price is about $450K ($225 per sq ft), a buyer-leaning market (limited data). Based on 1 recent closings in live Space Coast MLS data.
Quail Run Estates is a small gated single-family enclave in Merritt Island (ZIP 32953), Brevard County. Third-party profiles describe around fifty homes built mostly in the 1990s, with open floor plans and higher ceilings, behind a walled and well-kept gated entry.
The character is a quiet, low-traffic enclave rather than a large master plan. Because the homes broadly share an era and scale, value tends to track the specific home's updates, condition and lot. The gated entry and small size are part of the draw, and they come with a community fee to maintain the gate and common areas.
The carrying-cost picture is the part to read carefully. Confirm the HOA dues and exactly what they include, the flood zone, and wind and flood insurance quotes, all of which are parcel-specific and can move the true monthly cost.
Confirm the school assignment by address with Brevard Public Schools if that matters to you, and confirm the gate and common-area maintenance arrangement in the current HOA documents before you offer.