Merritt Island Home Values (2026): What Houses Are Actually Selling For
Merritt Island, Brevard County, Florida · Momentum Research · updated 2026-09-07
Homes in Merritt Island sold for a median of $465,000 over the last 12 months (523 recorded sales), $248 per square foot, and prices are flat 0.5% year over year. The typical sale took 49 days to go under contract and closed at 93.7% of the original asking price. Long run: 8.8% a year since 2012 (median $144K then). No algorithm can price your specific house from that; a records-based valuation can. The data first, then how to get one.
Merritt Island home values year by year
Median recorded sale price, price per square foot, days to contract and sale-to-ask for every year we hold Merritt Island sales. The compound growth rate works out to 8.8% a year since 2012 (median $144K then).
| Year | Median sale | $/sq ft | Days to contract | Sale-to-ask | Sales |
|---|---|---|---|---|---|
| 2012 | $143,651 | $81 | 59 | 91.6% | 440 |
| 2013 | $169,344 | $92 | 41 | 92.7% | 589 |
| 2014 | $163,989 | $95 | 50 | 93.0% | 734 |
| 2015 | $204,052 | $113 | 41 | 94.1% | 718 |
| 2016 | $221,613 | $122 | 33 | 95.4% | 775 |
| 2017 | $249,504 | $137 | 30 | 95.1% | 699 |
| 2018 | $287,084 | $156 | 50 | 94.8% | 692 |
| 2019 | $302,619 | $165 | 42 | 94.3% | 722 |
| 2020 | $312,848 | $170 | 39 | 95.7% | 708 |
| 2021 | $356,675 | $193 | 25 | 97.6% | 909 |
| 2022 | $410,552 | $231 | 16 | 98.3% | 779 |
| 2023 | $453,431 | $255 | 27 | 95.6% | 486 |
| 2024 | $448,064 | $254 | 37 | 93.5% | 494 |
| 2025 | $439,202 | $252 | 50 | 93.4% | 386 |
| 2026 | $470,921 | $257 | 50 | 93.7% | 523 |
Where the Merritt Island market is tight, by price band
Months of supply is active inventory divided by the monthly sales pace; under about four months favors sellers, over six favors buyers. Find your band before you price.
Merritt Island home values by ZIP code
Active listings and list medians from our feeds today; the typical value and one-year change are Zillow’s ZHVI for the ZIP, which tracks the whole housing stock rather than only what sold.
| ZIP | Active listings | Median list | Typical value (ZHVI) | 1-yr change | Listings with a price cut |
|---|---|---|---|---|---|
| 32952 | 26 | $722,000 | $440,415 | +0.4% | 26% |
| 32953 | 23 | $362,599 | $426,993 | -0.4% | 35% |
Home values by community in Merritt Island
The communities with the most recorded sales in the last 12 months. Each links to its own home-value page with the full price history.
| Community | Median sale | Year over year | Days to contract | Sales (12 mo) | Active |
|---|---|---|---|---|---|
| diana shores | $650,000 | -4.3% | 34 | 25 | 0 |
| Hampton Homes | $295,000 | -4.7% | 54 | 25 | 0 |
| Catalina Isle Estates | $497,500 | +32.7% | 44 | 24 | 0 |
| Diana Shores Unit No 2 Merritt Island | $715,000 | +14.0% | 40 | 18 | 10 |
| Villa De Palmas | $498,500 | +4.9% | 38 | 16 | 0 |
| Island Pointe Condo | $370,000 | -10.8% | 109 | 12 | 0 |
| Waterway Manor Unit 1 | $450,000 | -23.1% | 24 | 11 | 0 |
| Waterway Manor | $450,000 | -17.4% | 24 | 11 | 0 |
| Egret'S Reserve | $734,450 | -11.8% | 14 | 10 | 0 |
| Villa De Palmas Sykes Cove | $591,250 | -36.8% | 32 | 10 | 0 |
| Merritt Island Co-Op Apts Inc | $95,000 | +5.0% | 94 | 9 | 0 |
| Savannahs Pud The | $537,500 | n/a | 16 | 9 | 0 |
Communities moving fastest in Merritt Island
Rising: Diana Shores Unit No 2 Merritt Island (+14%). Year-over-year change in median recorded sale; small communities swing on a handful of sales, so read these as leads, not verdicts.
What moves the sale price in Merritt Island beyond the medians
New construction was 2% of sales, which sets the ceiling on what resale buyers will pay for a comparable resale. Sellers have been closing at 93.7% of original asking, so the list price is a negotiation opener, not the number. Zillow’s ZIP metrics put the city’s price-to-income ratio near 4.55 and five-year appreciation near +3.6%. Condition, lot, roof age, insurance quote and the specific street’s last three closings move an individual house well outside these ranges.
What is my house worth in Merritt Island?
Not a number this page can give you, and not one an automated model can either: every value above is a median of many Merritt Island sales, and the spread inside it is wide. A records-based valuation pulls the recorded closings on your street and in your community, adjusts for size, condition, lot and what your home has that the comps do not, and comes back as a written range with a net sheet showing what you would clear at each price after commissions, Florida doc stamps, title and payoff. Momentum Realty does that for Merritt Island owners at no cost through the form below; the Messtimate gives a square-footage range in the meantime, and the seller net proceeds calculator runs the arithmetic on any price you are considering.
Selling in Merritt Island: next steps
- Selling a house in Merritt Island: cash offer vs. listing, side by side
- Should you sell in Merritt Island now?
- Best time of year to sell in Brevard County
- Seller net proceeds calculator
- Brevard County property tax rate and calculator (what a buyer will pay after your sale)
- Homes for sale in Merritt Island right now (your competition)
- Merritt Island housing market: live data and trends
- How to choose a listing agent in Merritt Island
- How Momentum sells homes
Frequently asked questions
What is the median home price in Merritt Island, FL?
How long does it take to sell a house in Merritt Island?
Are home prices in Merritt Island going up or down?
What is my house worth in Merritt Island?
Which Merritt Island communities hold value best?
Figures are recorded closed sales and active listings from the MLS feeds behind our Merritt Island pages, aggregated by Momentum Research as of 2026-09-07; ZIP typical values from Zillow (ZHVI). Community-level aggregates only; nothing on this page is a valuation of any specific property, an appraisal, or an offer. Deemed reliable but not guaranteed. EAB RE Investments LLC dba Momentum Realty, a licensed Florida real estate brokerage. Equal Housing Opportunity.