In October 2026, the median home sale price in Merritt Island, FL was $460,000, with homes selling in an average of 80 days — slower than the 79-day average last year, suggesting buyers have more negotiating room. A total of 137 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 $445,000 in October 2026, compared to $525,000 in October 2025.
Merritt Island, FL Market Trend for Houses
Median List Price
The median list price of houses in Merritt Island, FL, was $537,450 in October 2026, compared to $562,450 in October 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 $253,000 in October 2026, compared to $172,500 in October 2025.
Merritt Island, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Merritt Island, FL, was $302,500 in October 2026, compared to $550,000 in October 2025.
Merritt Island, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Merritt Island, FL, was $38,400 in October 2026, compared to $0 in October 2025.
Merritt Island, FL Housing Market Analysis
There are currently 37 homes listed for sale in Merritt Island, FL, a decrease of 5.13% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $617,003 (down 5.12% year-over-year), and the average price per square foot is $252 compared to $270 in 2025. Properties spend an average of 176 days on the market before going under contract.
