Homes for Sale Under 250K in Merritt Island, FL

63 Homes for Sale

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Merritt Island, FL Housing Market Overview

Merritt Island is a balanced market, giving buyers and sellers room to negotiate. With 3.4 months of supply and homes averaging 61 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

61

Inventory

182

Sep 2021Jun 2024Sep 2026

Median Home Price

$415,000Up 4.47%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
182 Down 8.08%
Newly Listed Homes
223 Down 9.35%
Months of Supply
3.4 Down 19.05%

Housing Demand

Homes Sold
159 Up 13.57%
Sale-to-List Ratio
96.1% Down 0.24%
Homes Sold Above List
10.1% Up 17.39%

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

View Full Merritt Island Market Report
No. of Homes
Homes for Sale in Merritt Island With AC
253
Single Family Homes for Sale in Merritt Island
192
Country Homes for Sale in Merritt Island
152
Houses for Sale in Merritt Island With Pool
151
Ranch Homes for Sale in Merritt Island
134
Historic Homes for Sale Merritt Island
100
Waterfront Houses for Sale in Merritt Island
97
Patio Homes for Sale in Merritt Island
79
Condos in Merritt Island
57
Land for Sale in Merritt Island
40
Cheap Houses for Sale in Merritt Island
35
Open Houses in Merritt Island
25
Homes With Acreage in Merritt Island
24
New Homes for Sale in Merritt Island
13
Luxury Homes in Merritt Island
8
Townhomes in Merritt Island
5
Tiny Homes for Sale in Merritt Island
3
Manufactured Homes for Sale in Merritt Island
3
Multi Family Homes for Sale in Merritt Island
3
Cabins for Sale in Merritt Island
1
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  • mls-img
    Based on information from Stellar MLS® through Oct 10, 2026, 2:00 PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
  • mls-img

    Based on information from the Space Coast MLS through Oct 10, 2026, 2:00 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.

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Merritt Island, FL Housing Marketlink qauare
Homes Available icon

63

Homes Available

Median List Price icon

$ 415,000

Median List Price

Avg on Market icon

61 Days

Avg on Market

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