
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
Fresh on the market
Newest homes in Merritt Island
View all 38 homes →
$650,000
2520 MILLRACE WAY, MERRITT ISLAND
5 bd · 3 ba · 3,100 sqft

$454,700
5515 EAGLE WAY, MERRITT ISLAND
4 bd · 2 ba · 1,734 sqft

$219,900
1515 CUNNINGHAM AVENUE, MERRITT ISLAND
2 bd · 2 ba · 875 sqft

$715,000
1730 E RIVIERA DRIVE, MERRITT ISLAND
3 bd · 2 ba · 1,833 sqft

$650,000
1245 LESLIE DRIVE, MERRITT ISLAND
4 bd · 2 ba · 2,130 sqft

$565,000
130 COUNTRY WOODS PLACE, MERRITT ISLAND
3 bd · 2 ba · 1,644 sqft

$799,000
2145 PORPOISE STREET, MERRITT ISLAND
4 bd · 2 ba · 2,466 sqft

$975,000
2080 NEWFOUND HARBOR DRIVE, MERRITT ISLAND
4 bd · 3.5 ba · 3,076 sqft

$179,000
275 SPRING DRIVE UNIT 4, MERRITT ISLAND
2 bd · 2 ba · 1,037 sqft

$1,769,000
212 SYKES POINT, MERRITT ISLAND
4 bd · 4 ba · 3,966 sqft

$540,000
545 CHASE HAMMOCK ROAD, MERRITT ISLAND
3 bd · 2 ba · 1,708 sqft

$167,900
265 SPRING DR UNIT 1, MERRITT ISLAND
2 bd · 2 ba · 1,037 sqft
33 of 38 active listings shown
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The numbers that matter
The Merritt Island market
Seller’s market
2.3 months of inventory
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
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 3.5% yr/yr
Homes on the market
▼ 29.2% yr/yr
Homes sold per month
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
Hampton Homes
5 homes · $349K median
Diana Shores
1 home · $699K median
Sunset Lakes
1 home · $585K median
Angel City
1 home · $975K median
Indianola
1 home · $179K median
Catalina Isle Estates
1 home · $446K median
Show all 11 Merritt Island neighborhoods A–ZHide the full neighborhood list+
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
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.
Pools are the norm
Fourteen active listings come with a pool, reflecting a housing stock designed for year-round Florida living.
Under an hour to Orlando
Orlando International Airport is about 53 minutes away and downtown Orlando roughly 58, keeping the mainland within easy reach.
Mostly single-family
Of 38 active listings, 31 are single-family residences, giving buyers detached homes and private yards over dense development.
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
$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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