CENTURY 21 Edge

Homes for sale in

Merritt Island, Florida

Space Coast island living between two waterways

38

Homes for sale

$542,500

Median list price

$315

Avg price / sqft

41

Median days on market

Merritt Island sits between the Indian and Banana Rivers on Florida's Space Coast, a boater's stretch of Brevard County where much of the housing stock hugs the water. It's a place built around canals, dockside backyards, and easy access to the Atlantic — which is why so many of the active listings here are waterfront homes or come with a screened pool. The pace is unhurried, the schools are established, and Orlando's theme parks and airport are just under an hour inland.

Right now there are 38 active listings with a median list price of $542,500, though the range runs wide — from $119,500 up past $3 million. Most of what's for sale is single-family homes, with a smaller pocket of townhomes and condos for buyers who want less maintenance. Homes are moving at a median of 40.5 days, and sellers are getting about 96% of asking, so there's room to negotiate without expecting a fire sale.

Merritt Island is in Brevard County, Florida.

Quick facts

$119,500$3.2M price range

1,664 sqft median home

$2,950/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 38 homes →

33 of 38 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

2.3 months of inventory

Seller’s marketBuyer’s market

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

160

Sold, last 12 months

$462,500

Median sold price

96%

Sale-to-list ratio

What sellers actually get vs asking

33 days

Median time to sell

Merritt Island vs Brevard County

Median list price

Merritt Island$543K
Brevard Co.$350K

Price per sqft

Merritt Island$315
Brevard Co.$243

Days on market

Merritt Island41d
Brevard Co.41d

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

3.5% yr/yr

$408K$534K$660KAug ’23Jul ’26

Homes on the market

29.2% yr/yr

477296Aug ’23Jul ’26

Homes sold per month

01020Aug ’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 on both sides

With 15 of 38 active listings on the water, Merritt Island is genuinely built for boaters between the Indian and Banana Rivers.

02

Pools are the norm

Fourteen active listings come with a pool, reflecting a housing stock designed for year-round Florida living.

03

Under an hour to Orlando

Orlando International Airport is about 53 minutes away and downtown Orlando roughly 58, keeping the mainland within easy reach.

04

Mostly single-family

Of 38 active listings, 31 are single-family residences, giving buyers detached homes and private yards over dense development.

05

A luxury tier that goes high

Four active listings sit above $1 million, topping out at $3.2 million for buyers shopping the upper end of the waterfront market.

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

$3,541/mo

Principal & interest $2,858
Property tax $329
HOA / fees $144
Insurance (est.) $210

$542,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

26%

In a FEMA flood zone

Ask about flood insurance early — it changes the payment

$2,950/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 suits buyers who want island living with real water access — 15 of the current 38 listings are waterfront, and the area is anchored by established schools like Merritt Island High School and Tropical Elementary. You get a quieter Space Coast pace while staying under an hour from Orlando's airport and downtown.

Is Merritt Island expensive?+

The median list price is $542,500, but the range is broad, from $119,500 to $3.2 million, so there's genuinely something at most budgets. If you're watching cost, you can browse by price to find the entry-level end of the market.

What do homes cost in Merritt Island?+

Expect around $315 per square foot, with a median home size of about 1,664 square feet. Over the last 12 months 160 homes sold at a median price of $462,500, so actual sale prices tend to land below current list prices.

How is the Merritt Island market right now?+

There are 38 active listings and homes are taking a median of 40.5 days to sell, with sellers netting about 96% of asking on average. That's a balanced market with room to negotiate — worth checking the just reduced listings for the best openings.

What about HOA fees and property taxes?+

The median HOA runs about $144 a month, though many single-family and waterfront homes carry no HOA at all. Median property tax is roughly $3,943 a year, and if you'd rather skip fees entirely, most detached single-family homes here are unencumbered.

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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