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Merritt Island

Why you'd want to live in Merritt Island

Merritt Island is a long peninsula located in between Cape Canaveral and Cocoa Beach. It is known for Kennedy Space Center Visitor complex and Wildlife. Enjoy the Banana River or short drive to the beach!

Merritt Island Market Report

$708,288

AVERAGE PRICE OF 239 HOMES

$2,085,528

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$791,940

AVERAGE PRICE OF 34 NEWLY BUILT HOMES

$811,628

AVERAGE PRICE OF 146 HOMES WITH A POOL

$656,161

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $708,288
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $707,033
2 bedrooms $414,872
3 bedrooms $489,192
4 bedrooms $888,863
5 bedrooms $1,205,053
Merritt Island Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 244 n/a 254 255 259
Average Price $715,211 n/a $695,093 $681,044 $691,941
Avg Price Change n/a n/a +2.06% -1.60% +1.31%
Median Price $556,018 n/a $558,340 $547,468 $544,301
Med Price Change n/a n/a +1.99% +0.58% +3.10%
Avg Bedrooms 3.33 beds n/a 3.34 beds 3.33 beds 3.34 beds
Avg Bathrooms 2.34 baths n/a 2.35 baths 2.31 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 228 $653,129 116 days
Satellite 8 $2,303,000 125 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 239 $708,288 116 days
Multi-Million Dollar Homes 32 $2,085,528 129 days
Newly Built Homes 34 $791,940 335 days
Homes with a Pool 146 $811,628 127 days
Reduced Price Homes 17 $656,161 65 days

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