Freedom 7 Elementary School of I

It's a coastal, family-oriented part of Merritt Island with easy access to the Indian River, Atlantic beaches, and schools like Merritt Island High School. The area supports an outdoor lifestyle, with 100 waterfront and 135 pool listings currently active. It's well suited to buyers who want water access without giving up school and neighborhood stability.

The median list price is $356,350, which is approachable for a Florida coastal community, though prices run from $46,000 up to $4,750,000. The average cost is about $251 per square foot on a median home size of 1,699 sqft. There are 51 listings above $1 million for buyers at the luxury end.

Over the last 12 months, 1,824 homes sold at a median price of $336,329, close to the current median list of $356,350. Sellers averaged 97% of their asking price, so there's modest room to negotiate. Expect roughly $251 per square foot depending on location and whether the home has water or pool access.

With 753 active listings and a median 43 days on market, the market is active but not overheated. The 97% sale-to-list ratio points to realistic pricing and steady demand. Buyers have leverage to negotiate, especially on homes that have been listed longer than average.

The median HOA fee is $165 per month, though many homes here carry no HOA at all — only 45 active listings are in gated communities. Median property tax runs about $3,060 per year, and the median rent of $2,200 per month makes the area viable for investors too.