Merritt Island, FL, Real Estate

Merritt Island currently has 75 single family homes for sale with an average list price of $794,793.92, 3 townhouses for sale with an average list price of $472,333.33, 13 condos for sale with an average list price of $418,207.69, and 2 lots for sale with an average list price of $1,449,999.50. The average annual property tax for Merritt Island is $3,317.14.

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Merritt Island, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions/Buildings

Subdivisions/Buildings Median Price
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Armen Groves

Armen Groves is a single-family home community in Merritt Island, Florida, built in 2024 by K. Hovnanian Homes. It currently has no homes for sale. The homes range in size from 2,379 ft2 to 2,842 ft2. The average annual property tax for Armen Groves is $353. It is located in Brevard county. ... Read more
Median Price: $571,466
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Citrus River Groves

Citrus River Groves is a single-family home community in Merritt Island, Florida, built between 1986 and 1997. It currently has no homes for sale. The homes range in size from 2,014 ft2 to 2,803 ft2. The average annual property tax for Citrus River Groves is $2,082.43. It is located in Brevard county. ... Read more
Median Price: $520,000
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Colony Park

Colony Park is a subdivision in Merritt Island, Florida. It currently has no homes for sale. It is located in Brevard county.
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Island Crossings

Island Crossings is a single-family home community in Merritt Island, Florida, built in 1996. It currently has no homes for sale. The homes range in size from 2,061 ft2 to 2,216 ft2. The average annual property tax for Island Crossings is $4,424.97. It is located in Brevard county. ... Read more
Median Price: $476,000
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Pelican Creek Estates

Pelican Creek Estates is a subdivision in Merritt Island, Florida. It currently has no homes for sale. It is located in Brevard county.
Median Price: $500,000
Show all 8 Subdivisions/Buildings

Subdivisions/Buildings

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Market Trends

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Real Estate News

New Homes with In-ground Swimming Pools in Merritt Island: April 20th to April 26th

New Homes with In-ground Swimming Pools in Merritt Island: April 20th to April 26th - April 27, 2025

Merritt Island had new homes for sale with an in-ground swimming pool during the month of Sunday, April 20 to Saturday, April 26, including 3 single family homes for ... continue reading
New Homes For Sale This Week in Merritt Island: April 18th to April 24th

New Homes For Sale This Week in Merritt Island: April 18th to April 24th - April 25, 2025

Merritt Island had 6 new homes for sale during the week of Friday, April 18 to Thursday, April 24, including including 6 single family homes for sale with an average ... continue reading
New Construction Homes For Sale This Week in Merritt Island: April 16th to April 22nd

New Construction Homes For Sale This Week in Merritt Island: April 16th to April 22nd - April 23, 2025

Merritt Island had only 1 new construction home during the week of Wednesday, April 16 to Tuesday, April 22, and it was a single family home for sale with a ... continue reading
New Homes with In-ground Swimming Pools in Merritt Island: April 13th to April 19th

New Homes with In-ground Swimming Pools in Merritt Island: April 13th to April 19th - April 20, 2025

Merritt Island had new homes for sale with an in-ground swimming pool during the month of Sunday, April 13 to Saturday, April 19, including 2 single family homes for ... continue reading
New Homes For Sale This Week in Merritt Island: April 11th to April 17th

New Homes For Sale This Week in Merritt Island: April 11th to April 17th - April 18, 2025

Merritt Island had 5 new homes for sale during the week of Friday, April 11 to Thursday, April 17, including including 4 single family homes for sale with an average ... continue reading
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