Rivers Edge Estates
Homes for Sale in Merritt Island, FL
All 221 homes for sale in Merritt Island, FL · median $499,900 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, Rivers Edge Estates in Merritt Island, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $434,500, $184 per square foot, a median 57 days on market, sellers accepting 90% of original asking. Homes listed or recently sold were built 1965–2004; none of the 5 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 $6,780 ($6,160 with the full homestead exemption).
| Location | Merritt Island, Brevard County, FL · ZIP 32951, 32952 |
|---|---|
| Homes in the community | 89 (FL DOR 2025 assessment roll) |
| Years built | 1960–2004 (median 1967) |
| Typical living area | 2,794 sq ft (median) |
| Home types (current listings and sales) | single-family 80%, ranch 20% |
| Sale prices, last 12 months | $434,500 median across 4 closed sales · $184 per sq ft |
| Days on market (closed sales) | 57 median |
| For sale right now | 1 active, 0 pending · median asking $849,000 · 3.0 months of supply |
| Owner-occupied (homestead) share | 82% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Rivers Edge Estates key facts,” movewithmomentum.com/neighborhoods/rivers-edge-estates, data as of September 20, 2026.
Rivers Edge Estates carries a median of $500,000 and a median of about $186 per square foot, which tells you price here is driven more by the individual home — its size, condition, and setting — than by any single community feature. No amenities surface in the current MLS listings, so what you pay for is the house and its location on Merritt Island, not a shared package of extras.
The posture right now is patient. A median of 81 days on market means homes are sitting closer to three months than to a bidding-war weekend, and only a handful of closings anchor that read. For a buyer, that's room to negotiate and inspect without pressure. For a seller, it's a signal to price to condition on day one rather than test a number and wait.
Rivers Edge Estates 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 September 20, 2026. Confidence: Low (1 active and pending listings, 4 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 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
Rivers Edge Estates market snapshot (as of September 20, 2026): the median sale price is about $434K ($184 per sq ft over the trailing 12 months of closed sales), a median 58 days on market for closed sales, and 3.0 months of supply, a balanced market.
In ZIP 32951 (Merritt Island), 102 homes closed in the last 12 months at a median of $645K ($335/sq ft), down 6.7% year over year, with a median 60 days on market. Right now 28 active and 6 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32951 housing market and the Brevard County market.
County records show 6 qualified sales in Rivers Edge Estates across 2024–2025 (4 in 2024, 2 in 2025), median $810,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Rivers Edge Estates is a community of 89 homes in Merritt Island, Brevard County, built between 1960 and 2004 (median 1967), with a median living area of about 2,794 square feet. 82% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Rivers Edge Estates is a home-by-home market on Merritt Island where value tracks the individual property rather than shared amenities, and the current pace gives both sides time to do their homework.
The setting & the homes.
Aerial and on-site photos of Rivers Edge Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Rivers Edge Estates
Rivers Edge Estates
Rivers Edge Estates
Rivers Edge Estates
Rivers Edge EstatesPhotos from Space Coast MLS listings in Rivers Edge Estates; content deemed reliable but not guaranteed.
Who Rivers Edge Estates is best for.
Best for
- Buyers around the mid-$500s who want to evaluate a home on its own condition rather than a community package
- Deliberate buyers who value time to inspect and negotiate over a fast close
- Sellers willing to price to condition on day one instead of testing a high number and waiting
Probably not for
- Buyers who need shared amenities or an HOA-managed lifestyle to justify the price
- Anyone needing a quick sale or purchase who can't absorb a market that trends near three months on market
- Buyers who want to lean entirely on comps in a market with only a few recent closings
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 ($434K) IS the median in the snapshot above.
Windows contain 0 to 4 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 2005 through 2026. Deemed reliable but not guaranteed.
19% of homes for sale in ZIP 32952 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 (2026-10-02).
Rivers Edge Estates Market Scorecard
Rivers Edge Estates is currently a balanced market. About 3.0 months of supply, a median asking price of $849,000.
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.
Homes For Sale Right Now in Rivers Edge Estates
Live MLS inventory for Rivers Edge Estates. 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 Rivers Edge Estates listings as of 2026-10-01, priced high to low. Based on information from the Space Coast MLS for the period 2005 through 2026. Tap any home to ask about it.
Every Home for Sale in Rivers Edge Estates Right Now (1)
All 1 active and pending Rivers Edge Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 275 Bonita Drive · $849,000 · 4 bd / 3 ba · pending · listed Jul 2, 2026 · listed by aReal Estate Service Team
Rivers Edge Estates 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.
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 Rivers Edge Estates 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 Rivers Edge Estates address.
Shop the zone: Homes zoned for Merritt Island High School
The Rivers Edge Estates buying strategy.
If we were buying in Rivers Edge Estates 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 Rivers Edge Estates.
A condition-driven market with a slow clock
With no amenities identified from current listings and a median around $186 per square foot, the spread in this community comes down to what's actually inside the walls. Two homes at similar footage can price very differently depending on updates, layout, and lot — so the median is a starting reference, not a stand-in for any one address.
The 81-day median absorption rate matters as much as price. That slower clock, drawn from a small window of just three recent closings, means the data is thin and every listing carries weight in the numbers. Treat comps carefully here, verify against condition, and don't assume the next sale mirrors the last.
The location and the amenities are priced into every listing in Rivers Edge Estates. 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 Rivers Edge Estates 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 3 factors (6.1). Basis: Liquidity & Demand 3.0 months of supply; Owner Commitment 82% owner-occupied; Pricing Power 89.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a thin, condition-driven market like this one, the number on the page can mislead. We work each home on its own merits — footage, updates, and setting — instead of leaning on a median built from only a few closings, and we use the slower pace to your advantage on both sides of the table.
Rivers Edge Estates in 15 seconds.
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 Rivers Edge Estates 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 Rivers Edge Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Rivers Edge Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Rivers Edge Estates home worth?
Get a no-obligation home value based on real comparable sales in Rivers Edge Estates, 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 →
Frequently Asked Questions
What is the median home price in Rivers Edge Estates?
How long do homes in Rivers Edge Estates take to sell?
Is Rivers Edge Estates a buyer's or seller's market right now?
How many homes are in Rivers Edge Estates?
What share of Rivers Edge Estates is owner-occupied?
When were the homes in Rivers Edge Estates built?
Who is the best real estate agent for Rivers Edge Estates?
How do I find a top Merritt Island real estate agent who knows Rivers Edge Estates?
Can Momentum Realty connect me with an agent for Rivers Edge Estates?
Where is Rivers Edge Estates, and what county is it in?
Should you buy in Rivers Edge Estates?
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 1, 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 32951/32952)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (32 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 local comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Rivers Edge Estates fits the bigger picture — live prices, inventory, and Momentum Scores:
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