In July 2026, the median home sale price in Merritt Island (32953), FL was $470,000, with homes selling in an average of 94 days — slower than the 68-day average last year, suggesting buyers have more negotiating room. A total of 71 homes sold in this period, up from 66 last year — a sign of an active market.
The median list price of Merritt Island (32953), FL, was $365,000 in July 2026, compared to $489,000 in July 2025.
Merritt Island (32953), FL Market Trend for Houses
Median List Price
The median list price of houses in Merritt Island (32953), FL, was $370,398 in July 2026, compared to $470,000 in July 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 $260,000 in July 2026, compared to $555,000 in July 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 July 2026, compared to $1,799,999 in July 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 July 2026, compared to $0 in July 2025.
Merritt Island (32953), FL Housing Market Analysis
There are currently 20 homes listed for sale in Merritt Island (32953), FL, an increase of 17.65% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $555,340 (down 11.70% year-over-year), and the average price per square foot is $234 compared to $254 in 2025. Properties spend an average of 223 days on the market before going under contract.
