Cheap Homes for Sale in Merritt Island, FL

24 Homes for Sale

Sort by:Newest Listings

Don't miss out on new listings — and get instant email alerts!

Do Real Estate on the Go!

Find your dream home, receive real-time updates, and many more!

OPEN APP

Merritt Island, FL Housing Market Overview

Merritt Island is a balanced market, giving buyers and sellers room to negotiate. With 1.1 months of supply and homes averaging 55 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

55

Inventory

24

Aug 2021May 2024Jul 2026

Median Home Price

$499,250Up 8.53%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
24 Up 7.23%
Newly Listed Homes
82 Up 2.50%
Months of Supply
1.1 Up 0.41%

Housing Demand

Homes Sold
236 Up 6.79%
Sale-to-List Ratio
97.2% Up 1.90%
Homes Sold Above List
8.9% Up 128.46%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Merritt Island Market Report
No. of Homes
Prices
Days on Market
Homes for Sale Palm Beach
11,799
$3,000,000
133
Homes for Sale Miami
11,669
$580,000
79
Homes for Sale Sarasota
7,761
$505,500
87
Homes for Sale Lehigh Acres
6,213
$309,990
84
Homes for Sale Cape Coral
6,015
$385,000
79
Homes for Sale Jacksonville
5,932
$310,000
56
Homes for Sale Naples
5,918
$619,500
100
Homes for Sale Fort Myers
5,494
$335,000
92
Homes for Sale Port Charlotte
4,933
$320,000
89
Homes for Sale Orlando
4,789
$408,000
63
Homes for Sale Ocala
4,337
$286,025
91
Homes for Sale Kissimmee
4,183
$357,990
78
Homes for Sale Tampa
3,786
$450,000
62
Homes for Sale Punta Gorda
3,418
$360,000
94
Homes for Sale North Port
3,157
$319,900
-
Homes for Sale Fort Lauderdale
2,772
$550,000
80
Homes for Sale Hernando
2,690
$340,000
-
Homes for Sale Palm Bay
2,626
$329,995
70
Homes for Sale Bradenton
2,498
$429,000
80
Homes for Sale Seminole
2,470
$445,000
-
  • mls-img

    Based on information from the Space Coast MLS through Sep 20, 2026, 4:00 PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Space Coast Association of Realtors®. All Rights Reserved.

Homes for Sale by State

Homes For Sale Near MeAlaska Homes For SaleAlabama Homes For SaleArkansas Homes For SaleArizona Homes For SaleCalifornia Homes For SaleColorado Homes For SaleConnecticut Homes For SaleDistrict of Columbia Homes For SaleDelaware Homes For SaleFlorida Homes For SaleGeorgia Homes For SaleIowa Homes For SaleIdaho Homes For Sale
Illinois Homes For SaleKansas Homes For SaleIndiana Homes For SaleKentucky Homes For SaleLouisiana Homes For SaleMassachusetts Homes For SaleMaryland Homes For SaleMichigan Homes For SaleMinnesota Homes For SaleMissouri Homes For SaleMississippi Homes For SaleMontana Homes For SaleNorth Carolina Homes For SaleNorth Dakota Homes For SaleNew Hampshire Homes For Sale
New Jersey Homes For SaleNew Mexico Homes For SaleNevada Homes For SaleNew York Homes For SaleOhio Homes For SaleOklahoma Homes For SalePennsylvania Homes For SaleRhode Island Homes For SaleSouth Carolina Homes For SaleTennessee Homes For SaleTexas Homes For SaleVirginia Homes For SaleVermont Homes For SaleWashington Homes For SaleWisconsin Homes For Sale
PricingFlat Fee MLSFAQSeller GuideHow Houzeo Works?ReviewsAbout UsBlogContact UsTerms of UsePrivacy PolicyFair Housing PolicyCookie PreferencesConsent to Contact ConsumerRefund and Cancellation PolicyMLS DisclaimersEditorial Guidelines

Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)

TREC: Info About Brokerage Services, Consumer Protection Notice.

§ 442‑H New York Standard Operating Procedure.

New York State Fair Housing Notice.

Click to see all homes
static map image
Satellite
Merritt Island, FL Housing Marketlink qauare
Homes Available icon

24

Homes Available

Median List Price icon

$ 499,250

Median List Price

Avg on Market icon

55 Days

Avg on Market

Close IconHouzeo

Do Real Estate on the Go!

OPEN APP
For Sale
Price
Beds & Baths
Home Type (5)
Filters
Save Search Share