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Real Estate Market Trends and Analytics in Merritt Island (32953), FL

In August 2026, the median home sale price in Merritt Island (32953), FL was $479,750, with homes selling in an average of 82 days — slower than the 77-day average last year, suggesting buyers have more negotiating room. A total of 68 homes sold in this period, down from 72 last year.
View all properties for sale in Merritt Island (32953), FL

Merritt Island (32953), FL Market Trend

Median List Price
The median list price of Merritt Island (32953), FL, was $385,348 in August 2026, compared to $542,450 in August 2025.

Merritt Island (32953), FL Market Trend for Houses

Median List Price
The median list price of houses in Merritt Island (32953), FL, was $445,990 in August 2026, compared to $624,450 in August 2025.

Merritt Island (32953), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Merritt Island (32953), FL, was $257,900 in August 2026, compared to $395,000 in August 2025.

Merritt Island (32953), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Merritt Island (32953), FL, was $135,000 in August 2026, compared to $1,799,999 in August 2025.

Merritt Island (32953), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Merritt Island (32953), FL, was $1,103,150 in August 2026, compared to $0 in August 2025.

Merritt Island (32953), FL Housing Market Analysis

There are currently 14 homes listed for sale in Merritt Island (32953), FL, an increase of 16.67% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $581,963 (down 17.21% year-over-year), and the average price per square foot is $229 compared to $238 in 2025. Properties spend an average of 263 days on the market before going under contract.
14
for sale
0
for rent
68
sold
Median Price
$385K
Median SQFT Price
$229
SF Range
1,005 - 3,309 SF
Beds
2 - 5
Avg. Dom
263 days
Year Built
1952 - 2024
Monthly brief
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Properties in Merritt Island (32953), FL

New
For Sale
$445,990
House
3 bds · 2 ba · 1,382 sqft
CATALINA ISLE ESTATES, MERRITT ISLAND
395 BACARDI DRIVE
New
For Sale
$454,700
House
4 bds · 2 ba · 1,734 sqft
KINGS PARK UNIT 01, MERRITT ISLAND
5515 EAGLE WAY
For Sale
$769,000
House
4 bds · 3 ba · 2,842 sqft
ARMEN GROVES, Merritt Island
3333 ARMEN Drive, Merritt Island FL 32953
For Sale
$309,000
2 bds · 2 ba · 1,586 sqft
SEA GATE, MERRITT ISLAND
3079 SEA GATE CIRCLE
-$30K
For Sale
$399,900
House
3 bds · 2 ba · 1,847 sqft
WATERWAY MANOR UNIT 01, MERRITT ISLAND
180 FLORIDA BOULEVARD
-$36K
For Sale
$349,000
House
3 bds · 2 ba · 1,538 sqft
HAMPTON HOMES UNIT 08, MERRITT ISLAND
505 BELAIR AVENUE
-$2K
For Sale
$257,900
Townhouse
2 bds · 2 ba · 1,005 sqft
TOWNHOMES & VILLAS DIANA, MERRITT ISLAND
48 HEPBURN PLACE
-$65K
For Sale
$585,000
House
5 bds · 4 ba · 3,309 sqft
SUNSET LAKES P.U.D PHASE X, MERRITT ISLAND
3621 TIPPERARY DRIVE

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