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City / Town Overview

Merritt Island, FL

Aggregate real estate market report across all ZIPs in scope
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Merritt Island, FL real estate market currently shows 338 active listings, with 95 pending sales. Homes are averaging 69.3 days on the market before going under contract.

Inventory has tightened compared to last year, with 32 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 69.3 days on market compared to 57.4 days last year.

The median listing price has fallen 9.3% year-over-year, from $563,692 to $511,365.

Whether you are buying or selling in Merritt Island, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 45,590  ·  Density: 426.3/mi²  ·  Median household income: $83,534

Typical home value: $364,096  ·  Homeownership: 79.5%

Included Areas

Merritt Island: 32952, 32953, 32954

Area Map

Market Overview

Active Listings
338
⇩ 8.6% vs 370 last year
Pending
95
28% pending ratio
Median Price
$511,365
⇩ 9.3% vs $563,692 last year
Average Price
$713,966
⇩ 1.5% vs $724,710 last year
Days on Market
69.3
⇧ 20.7% vs 57 days last year

Price Per Square Foot

Median $/sqft
$256
⇩ 6.5% vs $273/sqft last year
Median Home Size
1,773 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %