Raintree-By-The-Lake
Homes for Sale in Merritt Island, FL
All 216 homes for sale in Merritt Island, FL · median $525,000 · 104 homes for sale in 32953 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Space Coast MLS
Over the 12 months ending 2026-09-20, 7 recorded sales closed at a median of $345,000, $222 per square foot, a median 4 days on market, sellers accepting 99% of original asking (-13% versus the prior year). Homes listed or recently sold were built 1982–1984; none of the 8 geocoded homes sit in a FEMA special flood hazard zone (median elevation 6 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $5,380 ($4,760 with the full homestead exemption).
Last 30 days in Raintree-By-The-Lake: 1 closed sale (median $425,000). As of October 15, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Price here is condition- and lot-driven more than anything else. The median sits at $370,000, or about $222.53 per square foot, and the spread around that comes down to how a specific home has been kept and where it sits, not any published tier. Treat the median as your anchor and expect individual homes to land above or below it based on updates and layout.
The market posture is fast. With a median of just 4 days on market across a recent window of 6 closings, this is a place where well-priced homes move quickly. Buyers should have financing lined up and be ready to decide; sellers have leverage on timing but still need to price to the condition of the actual house rather than to a hoped-for number.
Raintree-By-The-Lake right now
🔴 Off the recent peak. The trailing-12-month median ($345K) is down 12.7% from the prior 12 months ($395K) and up 188% since 2012. With about 4 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 September 20. Confidence: Low (7 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 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
Raintree-By-The-Lake market snapshot (as of September 20, 2026): the median sale price is about $345K ($222 per sq ft over the trailing 12 months of closed sales), and a median 4 days on market for closed sales. The trailing-12-month median is down 13% from the prior 12 months and up 188% since 2012, computed from record-level Space Coast MLS closed sales (7 closings in the current window).
In ZIP 32953 (Merritt Island), 243 homes closed in the last 12 months at a median of $435K ($251/sq ft), down 9.8% year over year, with a median 40 days on market. Right now 42 active and 11 pending listings put supply at about 4.1 months — a balanced market. See the live ZIP 32953 housing market and the Brevard County market.
County records show 4 qualified sales in Raintree-By-The-Lake across 2024–2025 (2 in 2024, 2 in 2025), median $375,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Raintree-By-The-Lake is a community of 112 homes in Merritt Island, Brevard County, built between 1981 and 1986 (median 1983.0), with a median living area of about 2,090 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Raintree-By-The-Lake is a small, quick-moving pocket of Merritt Island in Brevard County where turnover is thin and homes that hit the market tend not to sit.
The setting & the homes.
Aerial and on-site photos of Raintree-By-The-Lake. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Raintree-By-The-LakePhotos from Space Coast MLS listings in Raintree-By-The-Lake; content deemed reliable but not guaranteed.
Who Raintree-By-The-Lake is best for.
Best for
- Buyers pre-approved and ready to decide within days of a listing going live
- Buyers targeting a mid-range Merritt Island budget who value location over shared amenities
- Long-hold owners who want a Brevard County pocket with a durable price history
Probably not for
- Buyers who need a large, active pool of listings to compare before committing
- Buyers whose plans depend on community amenities like pools or clubhouses
- Buyers counting on a guaranteed future payoff rather than a home to live in
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($345K) IS the median in the snapshot above, and the move from 2025 ($395K) IS the -12.7% one-year change.
Windows contain 1 to 9 sales each (7 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 2004 through 2026. Deemed reliable but not guaranteed.
28% of homes for sale in ZIP 32953 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).
Raintree-By-The-Lake Market Scorecard
Raintree-By-The-Lake is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Raintree-By-The-Lake 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.
The Raintree-By-The-Lake buying strategy.
If we were buying in Raintree-By-The-Lake 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 Raintree-By-The-Lake.
A thin, fast market
The signal to watch here is scarcity. A closings window this small means every new listing carries weight, and the 4-day median tells you buyers are acting fast when something surfaces. That combination rewards preparation over patience: you cannot wait a weekend to think it over and expect the home to still be there.
Longer term, values in the area have climbed 185% since 2012, which tells you this has been a durable stretch of the map rather than a speculative flash. That is history, not a forecast, but it does frame why homeowners here tend to hold. With no community amenities identified from current MLS listings, you are buying the house and the location, not a shared package.
The location and the amenities are priced into every listing in Raintree-By-The-Lake. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Raintree-By-The-Lake buys, holds, and resells. Momentum Research; not an appraisal.
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 4 factors (7.5). Basis: Long-Term Appreciation +188% since 2012; Recent Direction -12.7% year-over-year; Owner Commitment 78% owner-occupied; Pricing Power 98.9% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this thin and this fast, timing and readiness decide outcomes. We track new inventory in Raintree-By-The-Lake as it lists, help buyers get positioned to move inside a 4-day window, and help sellers price to the true condition of their home rather than a round number. When the fit is wrong, we will tell you before you write an offer.
Raintree-By-The-Lake in 15 seconds.
What it really costs to own in Raintree-By-The-Lake
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 $4,066/yr across 7 listings here (MLS tax records, 2026-10-15). |
|---|---|
| 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 1983 across 8 listings. An original roof here would be about 43 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. |
Email me new listings in Raintree-By-The-Lake
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 Raintree-By-The-Lake
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Raintree-By-The-Lake will answer, and the answer is published on this page for the next buyer.
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 Raintree-By-The-Lake 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 Raintree-By-The-Lake sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Raintree-By-The-Lake, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Raintree-By-The-Lake home worth?
Get a no-obligation home value based on real comparable sales in Raintree-By-The-Lake, 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 Raintree-By-The-Lake
Homes in Raintree-By-The-Lake 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.
- 2410 Raintree Lake Circle · off market
| Location | Merritt Island, Brevard County, FL · ZIP 32953 |
|---|---|
| Homes in the community | 112 (FL DOR 2025 assessment roll) |
| Years built | 1981–1986 (median 1983.0) |
| Typical living area | 2,090 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Carbon Monoxide Detector(s), Fire Alarm |
| Sale prices, last 12 months | $345,000 median across 7 closed sales · $222 per sq ft · -12.7% vs the prior 12 months |
| Days on market (closed sales) | 4 median |
| For sale right now | 0 active, 1 pending |
| Owner-occupied (homestead) share | 78% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Raintree-By-The-Lake key facts,” movewithmomentum.com/neighborhoods/raintree-by-the-lake, data as of September 20, 2026.
Recently sold in Raintree By The Lake
- 2410 Raintree Lake Circle · sold $425,000
- 2415 Raintree Lake Circle · sold $345,000
- 2860 Raintree Lake Circle · sold $525,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Merritt Island home searches
- All homes for sale in Merritt Island, FL
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- Merritt Island home values: what is my house worth?
- ZIP 32953 housing scorecard
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Raintree Lake Circle (37 homes on record)
- Raintree Lake Circle (2 homes on record)
Recent Developments in Raintree By The Lake
Development, infrastructure, retail, and school activity affecting Raintree By The Lake, 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 5 miles northwest of Raintree By The Lake.
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 Raintree By The Lake.
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 7 miles southwest of Raintree By The Lake, 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 7 miles southwest of Raintree By The Lake, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 16 miles south of Raintree By The Lake, elsewhere in Brevard County.
Source: CFL Roads (FDOT) - 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 5 miles northeast of Raintree By The Lake, 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.
Frequently Asked Questions
What is the median home price in Raintree-By-The-Lake?
How long do homes in Raintree-By-The-Lake take to sell?
How many homes are in Raintree-By-The-Lake?
What share of Raintree-By-The-Lake is owner-occupied?
When were the homes in Raintree-By-The-Lake built?
Have Raintree-By-The-Lake home prices gone up?
Who is the best real estate agent for Raintree-By-The-Lake?
How do I find a top Merritt Island real estate agent who knows Raintree-By-The-Lake?
Can Momentum Realty connect me with an agent for Raintree-By-The-Lake?
Where is Raintree-By-The-Lake, and what county is it in?
Is Raintree-By-The-Lake a good place to live?
Should you buy in Raintree-By-The-Lake?
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 14, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32953)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (87 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.
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More on Raintree-By-The-Lake
- Home values · What homes in Raintree-By-The-Lake actually sell for