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

In July 2026, the median home sale price in Merritt Island (32952), FL was $449,900, with homes selling in an average of 89 days — slower than the 71-day average last year, suggesting buyers have more negotiating room. A total of 53 homes sold in this period, up from 48 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 $688,000 in July 2026, compared to $629,900 in July 2025.

Merritt Island (32952), FL Market Trend for Houses

Median List Price
The median list price of houses in Merritt Island (32952), FL, was $799,000 in July 2026, compared to $719,900 in July 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 $166,750 in July 2026, compared to $189,000 in July 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 $624,500 in July 2026, compared to $0 in July 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 July 2026, compared to $0 in July 2025.

Merritt Island (32952), FL Housing Market Analysis

There are currently 21 homes listed for sale in Merritt Island (32952), FL, an increase of 40.00% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $964,529 (down 16.31% year-over-year), and the average price per square foot is $281 compared to $281 in 2025. Properties spend an average of 156 days on the market before going under contract.
21
for sale
2
for rent
53
sold
Median Price
$688K
Median SQFT Price
$281
SF Range
704 - 5,308 SF
Beds
2 - 5
Avg. Dom
156 days
Year Built
1955 - 2024
Monthly brief
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Properties in Merritt Island (32952), FL

New
For Sale
$175,000
House
3 bds · 2 ba · 1,152 sqft
SUNNY ACRES SUB, MERRITT ISLAND
1320 GARY DRIVE
For Sale
$399,000
House
5 bds · 2 ba · 1,762 sqft
GARDEN PARK REP, MERRITT ISLAND
920 GARDEN ROAD
-$31K
For Sale
$699,000
Lots/Land
0.78 acres
Newfound Harbor, Merritt Island
1540 Outer Drive, Merritt Island FL 32952
-$10K
For Sale
$219,000
Condo/Co-op
2 bds · 2 ba · 1,080 sqft
SUNSET BAY, MERRITT ISLAND
225 S TROPICAL TRAIL UNIT 312
For Sale
$499,900
House
5 bds · 2 ba · 2,767 sqft
HARBOR OAKS, MERRITT ISLAND
1760 HARBOR OAKS PLACE
-$7K
For Sale
$688,000
House
5 bds · 3 ba · 3,299 sqft
ACREAGE & UNREC, MERRITT ISLAND
375 NORA AVENUE
For Sale
$975,000
House
4 bds · 3 ba · 3,076 sqft
HORTI, MERRITT ISLAND
2080 NEWFOUND HARBOR DRIVE
For Sale
$599,900
House
4 bds · 2 ba · 1,452 sqft
CANAVERAL SUB, MERRITT ISLAND
1623 WAVECREST STREET

Market Trends nearby