John Carpenter
Map of Merritt Island, Florida

Homes for sale in

Merritt Island, Florida

Space Coast living between two rivers

47

Homes for sale

$449,900

Median list price

$289

Avg price / sqft

51

Median days on market

Merritt Island sits on the water between the Indian and Banana Rivers, a genuinely coastal pocket of Brevard County where boat lifts and manatee sightings are part of daily life. It's the kind of place where you can launch a kayak in the morning and still make an afternoon at the beach, with the Space Coast's rocket launches visible right from the backyard. The neighborhoods run from established canal communities to quiet inland streets, and pockets like Diana Shores and Catalina Isle Estates draw buyers who want water access without leaving the mainland grind entirely — Orlando is under an hour away.

The market here is compact and stands on its own terms: 47 active listings with a median list price of $449,900, and homes typically taking about 51 days to sell. Most of what trades is single-family homes — 41 of the current listings — with a real supply of waterfront homes and homes with a pool. Prices span from the mid-$80s to $3.2M, so there's room for both first buyers and those shopping the luxury homes ($1m+) tier.

Merritt Island is in Brevard County, Florida.

30-minute drive area around Merritt Island

Within a 30-minute drive

Quick facts

$85,000$3.2M price range

1,716 sqft median home

$2,050/mo median rent

Leans seller 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 47 homes →

47 of 47 active listings shown

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Find your fit

Most popular Merritt Island searches

The numbers that matter

The Merritt Island market

Leans seller

3.6 months of inventory

Seller’s marketBuyer’s market

Demand still outpaces supply, but buyers have a little more room.

162

Sold, last 12 months

$473,000

Median sold price

96%

Sale-to-list ratio

What sellers actually get vs asking

52 days

Median time to sell

Merritt Island vs Brevard County

Median list price

Merritt Island$450K
Brevard Co.$360K

Price per sqft

Merritt Island$289
Brevard Co.$250

Days on market

Merritt Island51d
Brevard Co.27d

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

5.1% yr/yr

$283K$471K$660KJul ’23Jun ’26

Homes on the market

18.8% yr/yr

346596Jul ’23Jun ’26

Homes sold per month

01019Jul ’24Jun ’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 access built in

Thirteen of the active listings are waterfront, giving buyers real options on the Indian and Banana River canals rather than a token few.

02

Pools are common, not premium

With 19 of 47 listings including a pool, private outdoor living is the norm in Merritt Island's climate.

03

A wide price ladder

Listings run from $85,000 to $3.2 million, so the island works for entry buyers and high-end waterfront shoppers alike.

04

Space Coast, not Orlando prices

You get coastal Brevard living while Orlando International Airport sits about 53 minutes away for travel and work.

05

Established island neighborhoods

Communities like Hampton Homes, Angel City, and Sunset Lakes give the area a settled, lived-in character rather than tract 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

$2,962/mo

Principal & interest $2,370
Property tax $285
HOA / fees $97
Insurance (est.) $210

$449,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

19%

In a FEMA flood zone

Ask about flood insurance early — it changes the payment

$2,050/mo

Median rent

1 homes for rent right now

Straight answers

Merritt Island real estate FAQs

Is Merritt Island a good place to live?+

It's a strong fit if you want genuine water access and a quieter Space Coast lifestyle without going fully remote — Orlando International Airport is roughly 53 minutes away and downtown Orlando about 58. The area is served by Merritt Island High School and elementaries including Tropical, Mila, and Audubon, and the single-family homes here sit on established, family-friendly streets.

Is Merritt Island expensive?+

It's moderate for coastal Florida: the median list price is $449,900 and the average works out to about $289 per square foot on a median home size of 1,716 sqft. That said, prices stretch from $85,000 up to $3.2 million, so you can browse by price to match your budget rather than assume waterfront pricing across the board.

What do homes cost in Merritt Island?+

The median list price is $449,900, with 47 homes currently active and most of them single-family. Waterfront and pool properties make up a big share of inventory — 13 and 19 listings respectively — and the six luxury homes ($1m+) sit at the top of a range that reaches $3.2 million.

How is the Merritt Island market right now?+

It's steady rather than frantic — homes are taking a median of 51 days to sell, which gives buyers room to negotiate and inspect. With only 47 active listings, well-priced properties still move, so it's worth watching what's just reduced and touring open houses this week to stay ahead.

What about HOA fees and property taxes?+

Costs here are reasonable: the median HOA runs about $97 per month and the median property tax is around $3,420 per year. Many single-family streets carry little or no HOA, though the handful of gated communities and condo buildings will have their own dues — always confirm per listing.

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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