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Kelly Bruno
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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

$693,177

AVERAGE PRICE OF 240 HOMES

$1,970,927

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$922,456

AVERAGE PRICE OF 22 NEWLY BUILT HOMES

$759,275

AVERAGE PRICE OF 145 HOMES WITH A POOL

$600,849

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $693,177
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $830,960
2 bedrooms $377,154
3 bedrooms $528,273
4 bedrooms $857,313
5 bedrooms $1,407,582
Merritt Island Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 239 233 242 251 235
Average Price $704,492 $712,466 $704,297 $727,766 $710,519
Avg Price Change -1.13% +1.16% -3.33% +2.43% -0.66%
Median Price $541,970 $536,953 $520,391 $523,582 $532,494
Med Price Change +0.93% +3.18% -0.61% -1.70% -4.42%
Avg Bedrooms 3.31 beds 3.23 beds 3.21 beds 3.29 beds 3.29 beds
Avg Bathrooms 2.29 baths 2.28 baths 2.29 baths 2.32 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 225 $650,457 79 days
Satellite 6 $2,655,667 195 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 240 $693,177 83 days
Multi-Million Dollar Homes 30 $1,970,927 141 days
Newly Built Homes 22 $922,456 246 days
Homes with a Pool 145 $759,275 86 days
Reduced Price Homes 10 $600,849 54 days

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