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City / Town Overview

Merritt Island, FL

Aggregate real estate market report across all ZIPs in scope
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The Merritt Island, FL real estate market currently shows 328 active listings, with 103 pending sales. Homes are averaging 63.6 days on the market before going under contract.

Inventory has tightened compared to last year, with 88 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 63.6 days on market compared to 75.6 days last year.

The median listing price has fallen 12.1% year-over-year, from $568,197 to $499,690.

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
328
⇩ 21.2% vs 416 last year
Pending
103
31% pending ratio
Median Price
$499,690
⇩ 12.1% vs $568,197 last year
Average Price
$711,501
⇩ 5.8% vs $754,988 last year
Days on Market
63.6
⇩ 15.9% vs 76 days last year

Price Per Square Foot

Median $/sqft
$255
⇩ 7.2% vs $275/sqft last year
Median Home Size
1,826 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 %