All Home Types
North Merritt Island, FL Housing Market
What is the housing market like in North Merritt Island today?
In July 2025, North Merritt Island home prices were down 19.9% compared to last year, selling for a median price of $480K. On average, homes in North Merritt Island sell after 146 days on the market compared to 61 days last year. There were 9 homes sold in July this year, down from 11 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$480,000
-19.9% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
North Merritt Island, FL
$480,000
-19.9%
United States
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North Merritt Island Migration & Relocation Trends
In Jun '25 - Aug '25, 47% of North Merritt Island homebuyers searched to move out of North Merritt Island, while 53% looked to stay within the metropolitan area.
- Across the nation, 0.39% 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 Tampa.
Where are people moving to North Merritt Island from?
- 53% of North Merritt Island homebuyers searched to stay within the North Merritt Island metropolitan area.
- Ocala was the most popular destination among North Merritt Island homebuyers followed by Gainesville and Knoxville.
Where are people from North Merritt Island moving to?
Number of People Moving to North Merritt Island
least
most
People are moving to North Merritt Island from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '25 - Aug '25 | ||
| 1 | 879 | ||
| 2 | 792 | ||
| 3 | 330 | ||
| 4 | 305 | ||
| 5 | 268 | ||
| 6 | 153 | ||
| 7 | 147 | ||
| 8 | 122 | ||
| 9 | 102 | ||
| 10 | 91 | ||
People are leaving North Merritt Island for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '25 - Aug '25 | ||
| 1 | 17 | ||
| 2 | 13 | ||
| 3 | 12 | ||
| 4 | 12 | ||
| 5 | 10 | ||
| 6 | 9 | ||
| 7 | 7 | ||
| 8 | 7 | ||
| 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 North Merritt Island.
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