In June 2026, the median home sale price in Merritt Island, FL was $460,000, with homes selling in an average of 87 days — slower than the 69-day average last year, suggesting buyers have more negotiating room. A total of 125 homes sold in this period, up from 107 last year — a sign of an active market.
The median list price of Merritt Island, FL, was $474,950 in June 2026, compared to $499,000 in June 2025.
Merritt Island, FL Market Trend for Houses
Median List Price
The median list price of houses in Merritt Island, FL, was $499,900 in June 2026, compared to $489,000 in June 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 $122,000 in June 2026, compared to $199,000 in June 2025.
Merritt Island, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Merritt Island, FL, was $639,875 in June 2026, compared to $1,349,500 in June 2025.
Merritt Island, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Merritt Island, FL, was $1,103,150 in June 2026, compared to $0 in June 2025.
Merritt Island, FL Housing Market Analysis
There are currently 46 homes listed for sale in Merritt Island, FL, an increase of 53.33% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $741,514 (down 5.49% year-over-year), and the average price per square foot is $248 compared to $270 in 2025. Properties spend an average of 179 days on the market before going under contract.
