In September 2026, the median home sale price in Merritt Island, FL was $459,900, with homes selling in an average of 78 days — slower than the 77-day average last year, suggesting buyers have more negotiating room. A total of 132 homes sold in this period, up from 114 last year — a sign of an active market.
The median list price of Merritt Island, FL, was $449,000 in September 2026, compared to $512,450 in September 2025.
Merritt Island, FL Market Trend for Houses
Median List Price
The median list price of houses in Merritt Island, FL, was $575,000 in September 2026, compared to $499,900 in September 2025.
Merritt Island, FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Merritt Island, FL, was $255,000 in September 2026, compared to $475,000 in September 2025.
Merritt Island, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Merritt Island, FL, was $392,250 in September 2026, compared to $1,799,999 in September 2025.
Merritt Island, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Merritt Island, FL, was $26,286 in September 2026, compared to $0 in September 2025.
Merritt Island, FL Housing Market Analysis
There are currently 31 homes listed for sale in Merritt Island, FL, an increase of 10.71% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $684,338 (down 16.57% year-over-year), and the average price per square foot is $229 compared to $260 in 2025. Properties spend an average of 196 days on the market before going under contract.
