Waterway Manor Unit 1
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Waterway Manor Unit 1 right now
🔴 Off the recent peak. The trailing-12-month median ($450K) is down 23.1% from the prior 12 months ($585K) and up 100% 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 (11 and 3 sales in the two windows).
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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
Waterway Manor Unit 1 market snapshot (as of July 15, 2026): the median sale price is about $450K ($321 per sq ft over the trailing 12 months of closed sales), and a median 24 days on market for closed sales. The trailing-12-month median is down 23% from the prior 12 months and up 100% since 2012, computed from record-level Space Coast MLS closed sales (11 closings in the current window).
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($450K) IS the median in the snapshot above, and the move from 2025 ($585K) IS the -23.1% one-year change.
Windows contain 2 to 11 sales each (11 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.
The Waterway Manor Unit 1 buying strategy.
If we were buying in Waterway Manor Unit 1 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 Waterway Manor Unit 1.
A closer look at the Waterway Manor Unit 1 market
At a median of $321 per square foot, Waterway Manor Unit 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 23% year over year. Homes that do trade take a median 24 days on market, useful leverage on any listing that has lingered.
The location and the amenities are priced into every listing in Waterway Manor Unit 1. 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 Waterway Manor Unit 1 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 (3.7). Basis: Long-Term Appreciation +100% since 2012; Recent Direction -23.1% year-over-year; Pricing Power 90.7% sale-to-list. Refreshed with each data update.
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 Waterway Manor Unit 1 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 Waterway Manor Unit 1 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterway Manor Unit 1, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterway Manor Unit 1 home worth?
Get a no-obligation home value based on real comparable sales in Waterway Manor Unit 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 Waterway Manor Unit 1 on the map →
Frequently Asked Questions
What is the median home price in Waterway Manor Unit 1?
How long do homes in Waterway Manor Unit 1 take to sell?
Have Waterway Manor Unit 1 home prices gone up?
Who is the best real estate agent for Waterway Manor Unit 1?
How do I find a top Merritt Island real estate agent who knows Waterway Manor Unit 1?
Can Momentum Realty connect me with an agent for Waterway Manor Unit 1?
Data sources & freshness
| Community market stats | Space Coast MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2005 (94 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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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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