$2,695,000
5 bd · 4 ba · 4,097 sqft
2175 S TROPICAL TRAIL, MERRITT ISLAND, FL 32952
Merritt Island, FL Real Estate Guide
Merritt Island Market Snapshot
Every figure below is computed from closed MLS transactions in Merritt Island over the trailing twelve months — what buyers and tenants actually paid, not asking prices — and refreshes continuously.
119
Homes sold, last 12 months
$446K
Median sale price
$242
Median price per sqft
42 days
Median time on market
14
Leases signed, last 12 months
$1,675/mo
Median rent achieved
$2
Median rent per sqft
11 days
Median time to lease
Homes Sold per Month
Median Sale Price per Month
Median Sale Price by Bedrooms
| Bedrooms | Sales | Median price |
|---|---|---|
| 2 bd | 15 | $116,025 |
| 3 bd | 55 | $405,000 |
| 4 bd | 33 | $615,000 |
| 5+ bd | 15 | $764,900 |
Sales by Property Type
| Type | Sales | Median price |
|---|---|---|
| Single Family Residence | 99 | $475,000 |
| Condominium | 18 | $185,450 |
| Mobile Home | 1 | $99,000 |
| Townhouse | 1 | $255,000 |
12-Month Sales Trend
| Month | Homes sold | Median price |
|---|---|---|
| Sep 2025 | 7 | $425,000 |
| Oct 2025 | 13 | $475,000 |
| Nov 2025 | 3 | $405,000 |
| Dec 2025 | 9 | $460,000 |
| Jan 2026 | 3 | $670,000 |
| Feb 2026 | 14 | $652,495 |
| Mar 2026 | 12 | $480,000 |
| Apr 2026 | 12 | $408,000 |
| May 2026 | 16 | $295,000 |
| Jun 2026 | 10 | $580,000 |
| Jul 2026 | 17 | $459,900 |
| Aug 2026 | 1 | $615,000 |
Median Rent by Bedrooms
| Bedrooms | Leases | Median rent |
|---|---|---|
| 1 bd | 5 | $1,500/mo |
| 2 bd | 6 | $1,900/mo |
Buying a Home in Merritt Island
A smart Merritt Island purchase begins with knowing what moves its market. Use the bedroom and property-type tables above to benchmark the segment you're shopping, then open the live map search to see what's on the market right now — every listing links through to full photos, details and a direct line to a licensed Florida broker.
In Florida, a financed purchase generally closes in 30 to 45 days, while an all-cash deal can wrap in as little as two weeks. A condo adds a board-approval step, and anything near the water carries insurance questions worth pricing before you write an offer — both are routine parts of a Merritt Island transaction when you plan for them early.
Renting in Merritt Island
Rentals turn over faster than sales — a well-priced Merritt Island unit is often under lease within weeks, and most annual leases ask for first month, last month and a security deposit up front. The rent tables above show what tenants actually committed to by bedroom count over the past year, and the live rental search lists every home and condo on offer today.
Featured Listings in Merritt Island
See every home for sale →
$2,500,000
4 bd · 5 ba · 3,988 sqft
106 VICTORIA STREET, MERRITT ISLAND, FL 32952
$1,899,000
5 bd · 4 ba · 3,645 sqft
4137 CROOKED MILE ROAD, MERRITT ISLAND, FL 32952
$1,149,000
5 bd · 4 ba · 5,308 sqft
150 UTOPIA CIRCLE, MERRITT ISLAND, FL 32952
$1,049,000
5 bd · 4 ba · 3,710 sqft
3130 SOUTHERN OAKS DRIVE, MERRITT ISLAND, FL 32952
$975,000New
4 bd · 4 ba · 3,076 sqft
2080 NEWFOUND HARBOR DRIVE, MERRITT ISLAND, FL 32952
Merritt Island Real Estate FAQ
Is Merritt Island a good place to buy a home?
Let the figures on this page make the case for Merritt Island — real closed sales, the median sale price, and how long homes sat before selling over the trailing twelve months.
What is the median home price in Merritt Island?
The snapshot above reports the current 12-month median sale price for Merritt Island, together with price per square foot and medians split out by bedroom count and property type. Every figure is calculated from closed MLS sales and refreshed continuously — not lifted from a report that's already months old.
Condo or house in Merritt Island — which should I buy?
The property-type table above breaks Merritt Island sales into condos, single-family homes and townhomes, and shows where each segment's median landed over the past year. A condo brings monthly association dues and a board-approval step; a house carries its own insurance and upkeep. Each property type has its own live search page linked below.
Where can I see every home for sale in Merritt Island?
Open the Merritt Island map search — it shows every active MLS listing in the city, updated continuously, with the city boundary traced on the map and filters for property type, bedrooms and price.