Jennifer Reinbolt
Map of Merritt Island, Florida

Homes for sale in

Merritt Island, Florida

Space Coast island living between two rivers

44

Homes for sale

$567,450

Median list price

$304

Avg price / sqft

61

Median days on market

Merritt Island sits between the Indian and Banana Rivers on Florida's Space Coast, a place where boat lifts, manatee sightings, and rocket launches are all part of the ordinary week. The island character runs through neighborhoods like Diana Shores and Catalina Isle Estates, and much of what draws buyers here is the water — 15 of the current listings are waterfront homes with direct river or canal access. It reads more relaxed than the theme-park side of Central Florida, yet Orlando International Airport is roughly 53 minutes away when you need it.

For buyers today, the market is steady rather than frantic. There are 46 active listings with a median list price of $567,450, and homes are taking a median of about 55 days to sell — enough time to tour thoroughly and negotiate. Inventory leans heavily toward single-family homes, with a smaller pool of townhomes & condos, and you can also browse by price since the range stretches from about $110,000 up past $3 million.

Merritt Island is in Brevard County, Florida.

30-minute drive area around Merritt Island

Within a 30-minute drive

Quick facts

$109,999$3.2M price range

1,762 sqft median home

$2,800/mo median rent

Seller’s market right now

Drive times

Orlando Int’l Airport (MCO)53 min
Downtown Orlando58 min
Universal Orlando68 min

Fresh on the market

Newest homes in Merritt Island

View all 44 homes →

44 of 44 active listings shown

Open full map search →

Find your fit

Most popular Merritt Island searches

The numbers that matter

The Merritt Island market

Seller’s market

2.6 months of inventory

Seller’s marketBuyer’s market

Homes sell fast and inventory is thin — buyers should come prepared.

168

Sold, last 12 months

$470,500

Median sold price

96%

Sale-to-list ratio

What sellers actually get vs asking

46 days

Median time to sell

Merritt Island vs Brevard County

Median list price

Merritt Island$567K
Brevard Co.$360K

Price per sqft

Merritt Island$304
Brevard Co.$250

Days on market

Merritt Island61d
Brevard Co.43d

Median sold price — 3-yr, 3-mo rolling

5.2% yr/yr

$408K$534K$660KAug ’23Jul ’26

Homes on the market

24.7% yr/yr

477296Aug ’23Jul ’26

Homes sold per month

01122Aug ’24Jul ’26

Live Stellar MLS data — listings and closed sales in Merritt Island, FL. Rolling medians smooth single-month swings in thin markets.

Where to look

Merritt Island neighborhoods

Show all 11 Merritt Island neighborhoods A–Z+

Neighborhood boundaries by edgeAI — listings matched to the actual polygon, not agent-entered subdivision names.

For the school run

School zones with homes for sale

Homes matched to official attendance boundaries — always verify zoning with the district.

Beyond the listings

Living in Merritt Island

01

Water is the main event

Fifteen active listings are waterfront with river or canal access, and many more offer boat-ready lots along the Indian and Banana Rivers.

02

Pools come standard

Eighteen of the 46 active listings include a private pool, a practical feature for the Space Coast climate.

03

Airport within reach

Orlando International Airport is about a 53-minute drive, with downtown Orlando around 58 minutes out.

04

A real luxury tier

Nine active listings are priced above $1 million, giving high-end buyers genuine [luxury homes](/area/merritt-island-fl/luxury-homes) to compare.

05

Established island neighborhoods

Communities like Angel City, Indianola, and Chase Hammock Lakes give the island distinct pockets rather than one uniform sprawl.

Population

34,718

Median age

49.8

Median income

$91,020

Median home value

$379,700

What people here are into

Culture

Top 24% in the U.S.

Sites to See

This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.

Lifestyles

Nerd Culture

These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.

Pieces of History

You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.

Active

Fitness Obsession

Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.

Beliefs

Conservation

Good stewards of the earth, this population advocates for a cleaner environment and responsible use of resources. They often encourage others to recycle and use clean energy.

Entertainment

Lighthearted Fun

This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.

What it really costs

Owning here

Owning the median Merritt Island home

$3,672/mo

Principal & interest $2,990
Property tax $323
HOA / fees $149
Insurance (est.) $210

$567,450 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

27%

In a FEMA flood zone

Ask about flood insurance early — it changes the payment

$2,800/mo

Median rent

4 homes for rent right now

Straight answers

Merritt Island real estate FAQs

Is Merritt Island a good place to live?+

It suits buyers who want water access and a quieter Space Coast pace within an hour of Orlando. The island offers established neighborhoods, assigned schools including Merritt Island High School and Tropical Elementary, and easy reach to the rivers, and it's part of Brevard County on Florida's east coast.

Is Merritt Island expensive?+

It sits in the mid-range for coastal Florida, with a median list price of $567,450 and homes selling recently at a median of $473,000. Prices run from about $110,000 up to $3.2 million, so there's room at multiple budgets — you can browse by price to find your tier.

What do homes cost in Merritt Island?+

The median list price is $567,450 and the average price per square foot is $301, on a median home size of about 1,762 square feet. Over the last 12 months 168 homes sold at a median of $473,000, with most sellers getting around 96% of asking.

How is the Merritt Island housing market right now?+

There are 46 active listings and homes are taking a median of about 55 days to sell, which points to a balanced, negotiable market. Sellers are averaging 96% of their asking price, and it's worth watching the just reduced listings for openings.

What about HOA fees and property taxes?+

HOA costs are low here, with a median of about $108 per month, and many single-family properties carry no HOA at all. The median property tax runs around $3,710 per year, and only three of the active listings are in gated communities.

Keep exploring

Nearby areas

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.

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