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Real Estate Market Trends and Analytics in Merritt Island, FL

In December 2025, Merritt Island, FL homes were selling for an average price of $538,873, Merritt Island, FL homes on average sell after 72 days on the market compared to 63 days last year. There were 105 homes sold in Merritt Island, FL for December 2025, compared to 120 last year.
View all properties for sale in Merritt Island, FL

Merritt Island, FL Market Trend

Average List Price
The average list price of Merritt Island, FL, was $680,054 in December 2025, compared to $660,918 in December 2024.

Merritt Island, FL Market Trend for Houses

Average List Price
The average list price of houses in Merritt Island, FL, was $774,983 in December 2025, compared to $715,426 in December 2024.

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 $282,790 in December 2025, compared to $298,760 in December 2024.

Merritt Island, FL Market Trend for Lots/Land

Average List Price
The average list price of lots/land in Merritt Island, FL, was $612,612 in December 2025, compared to $1,450,000 in December 2024.

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 December 2025, compared to $0 in December 2024.

Merritt Island, FL Housing Market Analysis

The average list price in Merritt Island, FL is $680,054. The average list price in Merritt Island, FL went down 2.49% from 2024 to 2025. Merritt Island, FL home resale inventories is 58, which increased 107.14% since 2024. The average list price per square foot in Merritt Island, FL is $285. 2024 it was $300.
58
for sale
1
for rent
737
sold
Price Range
$65K - $3.1M
Avg. SQFT Price
$285
SF Range
775 - 5,615 SF
Beds
2 - 5
Avg. Dom
159 days
Year Built
1957 - 2023

Properties in Merritt Island, FL

954 S BANANA RIVER DRIVE placeholder 954 S BANANA RIVER DRIVE
17 days
For Sale
House
$900,000
3 bds 3 ba 2,740 sqft
954 S BANANA RIVER DRIVE
2355 RAINTREE LAKE CIRCLE placeholder 2355 RAINTREE LAKE CIRCLE
22 days
For Sale
House
$375,000
3 bds 2 ba 1,572 sqft
2355 RAINTREE LAKE CIRCLE
385 ISLAND OAKS PLACE placeholder 385 ISLAND OAKS PLACE
23 days
For Sale
House
$338,860
3 bds 2 ba 1,632 sqft
385 ISLAND OAKS PLACE
1275 N BANANA RIVER DRIVE placeholder 1275 N BANANA RIVER DRIVE
-$100 (2025/12/07)
For Sale
House
$498,900
5 bds 3 ba 3,008 sqft
1275 N BANANA RIVER DRIVE
478 ROOSEVELT AVENUE placeholder 478 ROOSEVELT AVENUE
30 days
For Sale
Lots/Land
$64,900
0 room(s)
478 ROOSEVELT AVENUE
6838 Whaley, Merritt Island, FL 32953 placeholder 6838 Whaley, Merritt Island, FL 32953
30 days
For Sale
House
$99,000
3 bds 2 ba 924 sqft
6838 Whaley, Merritt Island, FL 32953
397 MILFORD POINT DRIVE placeholder 397 MILFORD POINT DRIVE
31 days
For Sale
House
$1,399,000
5 bds 4 ba 5,615 sqft
397 MILFORD POINT DRIVE
1695 N BANANA RIVER DRIVE placeholder 1695 N BANANA RIVER DRIVE
33 days
For Sale
House
$449,000
3 bds 2 ba 1,596 sqft
1695 N BANANA RIVER DRIVE

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