In February 2026, Merritt Island, FL homes were selling for an average price of $562,557, Merritt Island, FL homes on average sell after 82 days on the market compared to 65 days last year. There were 102 homes sold in Merritt Island, FL for February 2026, compared to 115 last year.
The average list price of Merritt Island, FL, was $708,481 in February 2026, compared to $732,084 in February 2025.
Merritt Island, FL Market Trend for Houses
Average List Price
The average list price of houses in Merritt Island, FL, was $844,259 in February 2026, compared to $716,477 in February 2025.
Merritt Island, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Merritt Island, FL, was $225,627 in February 2026, compared to $404,333 in February 2025.
Merritt Island, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Merritt Island, FL, was $687,700 in February 2026, compared to $1,450,000 in February 2025.
Merritt Island, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Merritt Island, FL, was $870,000 in February 2026, compared to $0 in February 2025.
Merritt Island, FL Housing Market Analysis
The average list price in Merritt Island, FL is $708,481. The average list price in Merritt Island, FL went down 4.04% from 2025 to 2026. Merritt Island, FL home resale inventories is 58, which increased 65.71% since 2025. The average list price per square foot in Merritt Island, FL is $369. 2025 it was $439.
