Merritt Island, FL Price Reductions

A price reduction is the clearest signal a seller sends: the first number did not work. This tracker lists every Merritt Island listing that lowered its asking price, updated nightly from the live MLS record — the old price, the new price, the size of the cut and how long the home has been on the market — so buyers can see where sellers are moving and sellers can see what their competition just did.

12 homes for sale in Merritt Island, FL cut their asking price in the last 7 days and 12 in the last 30, out of 214 active listings (5% reduced at least once this month). The median reduction is 2.5% ($9,500). The largest cut this week was $35,000 on 390 Ursa Avenue in Diana Shores ($685,000 → $650,000).

Latest price reductions in Merritt Island

ListingCommunityWasNowCutDOM
3053 Glenridge Circle
Sep 17 · 5 bd · 3 ba · 3,004 sf
$529,900$524,900−0.9%
48 Hepburn Place
Sep 17 · 2 bd · 2 ba · 1,005 sf
Townhomes And Villas Of Diana$255,000$254,000−0.4%
48 Hepburn Place
Sep 17 · 2 bd · 2 ba · 1,005 sf
$255,000$254,000−0.4%113
300 Norwood Street
Sep 17 · 3 bd · 2 ba · 1,260 sf
Rosedale Subd$361,000$360,777−0.1%
390 Ursa Avenue
Sep 16 · 3 bd · 2 ba · 1,499 sf
Diana Shores$685,000$650,000−5.1%
3621 Tipperary Drive
Sep 16 · 5 bd · 4 ba · 3,309 sf
$575,000$560,000−2.6%
3621 Tipperary Drive
Sep 16 · 5 bd · 4 ba · 3,309 sf
$575,000$560,000−2.6%140
4245 Hillview Circle
Sep 16 · 4 bd · 2 ba · 2,002 sf
Hilltop Manor$589,000$575,000−2.4%
225 S Tropical Trail #124
Sep 16 · 2 bd · 1 ba · 1,081 sf
Sunset Bay A Condominium$194,500$189,500−2.6%
300 Norwood Street
Sep 16 · 3 bd · 2 ba · 1,260 sf
Rosedale Subd$362,000$361,000−0.3%
300 S Sykes Creek Parkway #105
Sep 14 · 3 bd · 2 ba · 1,509 sf
$345,000$329,000−4.6%29
300 S Sykes Creek Parkway #105
Sep 14 · 3 bd · 2 ba · 1,509 sf
Merritt Towers Condo$345,000$329,000−4.6%

Biggest cuts this week

ListingCommunityWasNowCutDOM
390 Ursa Avenue
Sep 16 · 3 bd · 2 ba · 1,499 sf
Diana Shores$685,000$650,000−5.1%
300 S Sykes Creek Parkway #105
Sep 14 · 3 bd · 2 ba · 1,509 sf
$345,000$329,000−4.6%29
300 S Sykes Creek Parkway #105
Sep 14 · 3 bd · 2 ba · 1,509 sf
Merritt Towers Condo$345,000$329,000−4.6%
3621 Tipperary Drive
Sep 16 · 5 bd · 4 ba · 3,309 sf
$575,000$560,000−2.6%
3621 Tipperary Drive
Sep 16 · 5 bd · 4 ba · 3,309 sf
$575,000$560,000−2.6%140
4245 Hillview Circle
Sep 16 · 4 bd · 2 ba · 2,002 sf
Hilltop Manor$589,000$575,000−2.4%
225 S Tropical Trail #124
Sep 16 · 2 bd · 1 ba · 1,081 sf
Sunset Bay A Condominium$194,500$189,500−2.6%
3053 Glenridge Circle
Sep 17 · 5 bd · 3 ba · 3,004 sf
$529,900$524,900−0.9%
300 Norwood Street
Sep 16 · 3 bd · 2 ba · 1,260 sf
Rosedale Subd$362,000$361,000−0.3%
48 Hepburn Place
Sep 17 · 2 bd · 2 ba · 1,005 sf
Townhomes And Villas Of Diana$255,000$254,000−0.4%

Communities with the most reductions (30 days)

CommunityCityReductionsMedian cut
Rosedale SubdMerritt Island2−0.2%

How to read this

Reductions are detected by comparing each listing’s asking price night over night in the MLS feed; a listing appears once per cut, and the share reduced counts each listing once. Relists at a new price under a new MLS number are not matched. Prices are asking prices. Source: live MLS feeds compiled by Momentum Research, updated September 17, 2026.

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Common questions

How many homes in Merritt Island have reduced their price?

12 listings cut their asking price in the last 7 days and 12 in the last 30, about 5% of the 214 homes currently for sale.

What is the typical price cut in Merritt Island?

The median reduction over the last 30 days is 2.5%, or about $9,500.

Which Merritt Island communities have the most price reductions?

Rosedale Subd (2).