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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

$765,696

AVERAGE PRICE OF 379 HOMES

$852,800

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,493,895

AVERAGE PRICE OF 54 MULTI-MILLION DOLLAR HOMES

$799,400

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$871,352

AVERAGE PRICE OF 140 HOMES WITH A POOL

$483,361

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $765,696
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $403,150
2 bedrooms $281,000
3 bedrooms $574,886
4 bedrooms $718,128
5 bedrooms $1,869,918
Merritt Island Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 376 390 399 383 385
Average Price $719,938 $717,208 $736,592 $743,705 $766,023
Avg Price Change +0.38% -2.70% -0.97% -3.00% -0.27%
Median Price $515,474 $516,792 $524,405 $520,316 $531,673
Med Price Change -0.26% -1.47% +0.79% -2.18% -2.63%
Avg Bedrooms 2.74 beds 2.72 beds 2.73 beds 2.69 beds 2.68 beds
Avg Bathrooms 2.1 baths 2.07 baths 2.09 baths 2.07 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 343 $656,280 105 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 379 $765,696 115 days
Distressed Homes 3 $852,800 80 days
Multi-Million Dollar Homes 54 $2,493,895 134 days
Newly Built Homes 32 $799,400 140 days
Homes with a Pool 140 $871,352 96 days
Reduced Price Homes 21 $483,361 86 days

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