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Real Estate Market Trends and Analytics in Merritt Island (32952), FL

In April 2026, the median home sale price in Merritt Island (32952), FL was $420,000, with homes selling in an average of 81 days — slower than the 73-day average last year, suggesting buyers have more negotiating room. A total of 55 homes sold in this period, up from 41 last year — a sign of an active market.
View all properties for sale in Merritt Island (32952), FL

Merritt Island (32952), FL Market Trend

Median List Price
The median list price of Merritt Island (32952), FL, was $789,000 in April 2026, compared to $664,950 in April 2025.

Merritt Island (32952), FL Market Trend for Houses

Median List Price
The median list price of houses in Merritt Island (32952), FL, was $924,500 in April 2026, compared to $664,950 in April 2025.

Merritt Island (32952), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Merritt Island (32952), FL, was $129,000 in April 2026, compared to $179,000 in April 2025.

Merritt Island (32952), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Merritt Island (32952), FL, was $1,000,000 in April 2026, compared to $1,100,000 in April 2025.

Merritt Island (32952), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Merritt Island (32952), FL, was $0 in April 2026, compared to $0 in April 2025.

Merritt Island (32952), FL Housing Market Analysis

There are currently 27 homes listed for sale in Merritt Island (32952), FL, an increase of 58.82% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,043,189 (up 3.39% year-over-year), and the average price per square foot is $517 compared to $605 in 2025. Properties spend an average of 178 days on the market before going under contract.
27
for sale
0
for rent
337
sold
Price Range
$125K - $3.1M
Avg. SQFT Price
$517
SF Range
600 - 5,615 SF
Beds
1 - 5
Avg. Dom
178 days
Year Built
1957 - 2024

Properties in Merritt Island (32952), FL

250 N BANANA RIVER DRIVE UNIT A4 placeholder 250 N BANANA RIVER DRIVE UNIT A4
3 days
For Sale
Condo/Co-op
$148,900
1 bds 1 ba 720 sqft
250 N BANANA RIVER DRIVE UNIT A4
2175 S TROPICAL TRAIL placeholder 2175 S TROPICAL TRAIL
5 days
For Sale
House
$2,850,000
5 bds 4 ba 4,097 sqft
2175 S TROPICAL TRAIL
514 PALM AVENUE placeholder 514 PALM AVENUE
-$15K (2026/03/19)
For Sale
House
$299,900
4 bds 2 ba 1,156 sqft
514 PALM AVENUE
1435 Anchor Lane, Merritt Island FL 32952 placeholder 1435 Anchor Lane, Merritt Island FL 32952
22 days
For Sale
House
$750,000
3 bds 2 ba
1435 Anchor Lane, Merritt Island FL 32952
466 GATEWAY DRIVE placeholder 466 GATEWAY DRIVE
-$10K (2026/03/19)
For Sale
House
$415,000
3 bds 2 ba 1,416 sqft
466 GATEWAY DRIVE
840 WOODBINE DRIVE placeholder 840 WOODBINE DRIVE
-$26K (2026/03/30)
For Sale
House
$789,000
4 bds 3 ba 2,423 sqft
840 WOODBINE DRIVE
3031 SOUTHERN OAKS DRIVE placeholder 3031 SOUTHERN OAKS DRIVE
40 days
For Sale
House
$925,000
3 bds 3 ba 3,214 sqft
3031 SOUTHERN OAKS DRIVE
1430 JAMES AVENUE placeholder 1430 JAMES AVENUE
-$20K (2026/03/25)
For Sale
House
$325,000
3 bds 2 ba 1,442 sqft
1430 JAMES AVENUE

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