Merritt Island, FL housing market: September 2026
What's happening in the Merritt Island market right now.
Buyer's or seller's market?
Merritt Island, FL is a balanced market: homes in Brevard County sell in a median of 68 days, and the number for sale is −14.9% on a year ago. Neither side has a clear edge.
12-month outlook
−1.5% to +2.5% for the typical Merritt Island home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, September 2026 · Zillow Observed Rent Index, September 2026 · Realtor.com county data, September 2026. Listing figures are for Brevard County as a whole.
Merritt Island market — questions answered
What is the typical home value in Merritt Island, FL?
$430,278 as of September 2026, +0.8% on a year earlier (Zillow Home Value Index).
Are home prices going up in Merritt Island, FL?
Yes — the typical home value changed +0.8% over the year to September 2026 and +17.4% over five years.
Is Merritt Island, FL a buyer's or seller's market?
It's balanced: the median home in Brevard County sells in 68 days (Realtor.com, September 2026).
How much is rent in Merritt Island, FL?
The typical rent is $2,221 a month as of September 2026, +3.9% on a year earlier (Zillow Observed Rent Index).
How many homes are for sale in Merritt Island, FL?
3,554 homes were listed for sale across Brevard County in September 2026 (Realtor.com).
Who are the best real estate agents in Merritt Island, FL?
Homegrity lists 648 licensed agents in Merritt Island, each license verified against the state register. Placement is never bought. See them at /real-estate-agents/merritt-island.