The North Merritt Island housing market is somewhat competitive. The median sale price of a home in North Merritt Island was $550K last month, down 0.91% since last year. The median sale price per square foot in North Merritt Island is $263, up 19.8% since last year.
What is the housing market like in North Merritt Island today?
In June 2025, North Merritt Island home prices were down 0.91% compared to last year, selling for a median price of $550K. On average, homes in North Merritt Island sell after 67 days on the market compared to 68 days last year. There were 14 homes sold in June this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$549,950
-0.91% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
North Merritt Island, FL
97.5%
-0.78 pt
United States
North Merritt Island Migration & Relocation Trends
In Feb '25 - Apr '25, 47% of North Merritt Island homebuyers searched to move out of North Merritt Island, while 53% looked to stay within the metropolitan area.
Where are people moving to North Merritt Island from?
Across the nation, 0.42% of homebuyers searched to move into North Merritt Island from outside metros.
Orlando homebuyers searched to move into North Merritt Island more than any other metro followed by Miami and New York.
Where are people from North Merritt Island moving to?
53% of North Merritt Island homebuyers searched to stay within the North Merritt Island metropolitan area.
Raleigh was the most popular destination among North Merritt Island homebuyers followed by Ocala and Asheville.
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.
View houses in North Merritt Island that sold recently
Learn about schools in the North Merritt Island area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on North Merritt Island housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Merritt Island.
Flood Factor - Severe
97% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Merritt Island has a severe risk of flooding. 3,521 properties in North Merritt Island are likely to be
severely affected
by flooding over the next 30 years. This represents 97% of all properties in North Merritt Island. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Merritt Island has a moderate risk of wildfire. There are 4,205 properties in North Merritt Island that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in North Merritt Island.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
North Merritt Island has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Merritt Island is most at risk from hurricanes. 4,225 properties in North Merritt Island have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 207 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 220 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
North Merritt Island has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in North Merritt Island have an Extreme Heat Factor®.
North Merritt Island is expected to see a 228% increase in the number of days over 105ºF over the next 30 years. North Merritt Island is expected to experience 8