Landydandy logo

Merritt Island, Florida Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
46
Sold (12M)
19
Median Price
$125K
Market Condition
Strong Buyer's Market

Merritt Island, Florida Market Meter

Buyer'sSeller's
Strong Buyer's Market

69.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$125K
Avg Price/Acre
$362K
Avg Days on Market
104
Months of Supply
69.0
YoY Price Change
-
New Listings (3M)
20

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-1510
1-2 acres-127
2-5 acres---1
5-10 acres---1
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL02719
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres10 sold / 16 listed
1-2 acres7 sold / 8 listed
2-5 acres1 sold / 13 listed
5-10 acres1 sold / 5 listed
10-20 acres0 sold / 1 listed
20-50 acres0 sold / 3 listed

Median Price by Acreage

$0$98K$195K
0- 1
1- 2
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$3.8M
Last 12 months
Active Listings
46
Current inventory
Avg Days on Market
104
Time to sell
Price Trend (YoY)
-
Year over year

Merritt Island, Florida Land Market Analysis

How much is land worth in Merritt Island, Florida?

The median price for land in Merritt Island, Florida is currently $362K per acre. For a typical parcel, the median sale price is $125K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $69K while premium lots reached $446K.

Is now a good time to buy land in Merritt Island, Florida?

Merritt Island, Florida is currently a strong buyer's market with 69.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Merritt Island, Florida?

Merritt Island, Florida currently has 69.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total land for sale in Merritt Island, Florida?

There are currently 46 active listings in Merritt Island, Florida. 20 new listings have hit the market in the last 90 days. The median asking price is $440K.

How long does it take to sell land in Merritt Island, Florida?

Land in Merritt Island, Florida typically sells within 104 days of listing. The median time on market is 66 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the total amount sold in Merritt Island, Florida last year?

Over the past 12 months, Merritt Island, Florida saw 19 properties sold, totaling $3.8M in sales volume. In just the last 3 months, 2 properties changed hands.

What is the average price per acre in Merritt Island, Florida?

Land in Merritt Island, Florida averages $455K per acre. The median price per acre is $362K, which may be more representative of typical transactions. Most parcels sold are around 27,007 sq ft.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

Explore More Land Market Statistics

All States

Florida Counties

Other Cities in Brevard County