In January 2026, Merritt Island, FL homes were selling for an average price of $559,685, Merritt Island, FL homes on average sell after 76 days on the market compared to 64 days last year. There were 109 homes sold in Merritt Island, FL for January 2026, compared to 119 last year.
The average list price of Merritt Island, FL, was $713,978 in January 2026, compared to $763,258 in January 2025.
Merritt Island, FL Market Trend for Houses
Average List Price
The average list price of houses in Merritt Island, FL, was $851,488 in January 2026, compared to $799,737 in January 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 $258,483 in January 2026, compared to $398,000 in January 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 January 2026, compared to $1,450,000 in January 2025.
Merritt Island, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Merritt Island, FL, was $1,132,500 in January 2026, compared to $0 in January 2025.
Merritt Island, FL Housing Market Analysis
The average list price in Merritt Island, FL is $713,978. The average list price in Merritt Island, FL went down 2.16% from 2025 to 2026. Merritt Island, FL home resale inventories is 56, which increased 64.71% since 2025. The average list price per square foot in Merritt Island, FL is $374. 2025 it was $438.