All Home Types
Merritt Island, FL Housing Market
What is the housing market like in Merritt Island today?
In October 2024, Merritt Island home prices were up 4.6% compared to last year, selling for a median price of $400K. On average, homes in Merritt Island sell after 60 days on the market compared to 53 days last year. There were 42 homes sold in October this year, down from 45 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$399,500
+4.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Merritt Island, FL
$399,500
+4.6%
United States
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Merritt Island Migration & Relocation Trends
In Sep '24 - Nov '24, 44% of Merritt Island homebuyers searched to move out of Merritt Island, while 56% looked to stay within the metropolitan area.
- Across the nation, 0.32% of homebuyers searched to move into Merritt Island from outside metros.
- Miami homebuyers searched to move into Merritt Island more than any other metro followed by Orlando and New York.
Where are people moving to Merritt Island from?
- 56% of Merritt Island homebuyers searched to stay within the Merritt Island metropolitan area.
- Knoxville was the most popular destination among Merritt Island homebuyers followed by Greensboro and Johnson City.
Where are people from Merritt Island moving to?
Number of People Moving to Merritt Island
least
most
People are moving to Merritt Island from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 604 | ||
| 2 | 523 | ||
| 3 | 235 | ||
| 4 | 155 | ||
| 5 | 95 | ||
| 6 | 75 | ||
| 7 | 73 | ||
| 8 | 65 | ||
| 9 | 41 | ||
| 10 | 39 | ||
People are leaving Merritt Island for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 16 | ||
| 2 | 15 | ||
| 3 | 14 | ||
| 4 | 12 | ||
| 5 | 10 | ||
| 6 | 9 | ||
| 7 | 7 | ||
| 8 | 6 | ||
| 9 | 6 | ||
| 10 | 6 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Merritt Island.
Provided by First Street Foundation
Transportation in Merritt Island
Learn about the walkability, bikeability, and transit-friendliness of Merritt Island
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Somewhat Bikeable
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