In August 2026, the median home sale price in Merritt Island (32953), FL was $469,500, with homes selling in an average of 90 days — slower than the 72-day average last year, suggesting buyers have more negotiating room. A total of 70 homes sold in this period, up from 68 last year — a sign of an active market.
The median list price of Merritt Island (32953), FL, was $370,000 in August 2026, compared to $529,900 in August 2025.
Merritt Island (32953), FL Market Trend for Houses
Median List Price
The median list price of houses in Merritt Island (32953), FL, was $490,000 in August 2026, compared to $529,900 in August 2025.
Merritt Island (32953), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Merritt Island (32953), FL, was $188,700 in August 2026, compared to $395,000 in August 2025.
Merritt Island (32953), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Merritt Island (32953), FL, was $135,000 in August 2026, compared to $1,799,999 in August 2025.
Merritt Island (32953), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Merritt Island (32953), FL, was $1,103,150 in August 2026, compared to $0 in August 2025.
Merritt Island (32953), FL Housing Market Analysis
There are currently 21 homes listed for sale in Merritt Island (32953), FL, an increase of 61.54% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $554,186 (down 19.09% year-over-year), and the average price per square foot is $225 compared to $247 in 2025. Properties spend an average of 219 days on the market before going under contract.
