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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

$808,696

AVERAGE PRICE OF 407 HOMES

$304,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,556,539

AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES

$1,122,307

AVERAGE PRICE OF 22 NEWLY BUILT HOMES

$796,412

AVERAGE PRICE OF 190 HOMES WITH A POOL

$544,575

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $808,696
Avg Bedrooms 2.6 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $152,872
2 bedrooms $335,941
3 bedrooms $530,287
4 bedrooms $844,889
5 bedrooms $2,142,759
Merritt Island Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 403 388 n/a n/a n/a
Average Price $781,076 $782,254 n/a n/a n/a
Avg Price Change -0.15% n/a n/a n/a n/a
Median Price $523,741 $531,175 n/a n/a n/a
Med Price Change -1.42% n/a n/a n/a n/a
Avg Bedrooms 2.55 beds 2.52 beds n/a n/a n/a
Avg Bathrooms 1.97 baths 1.7 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 359 $666,285 44 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 407 $808,696 44 days
Distressed Homes 1 $304,900 56 days
Multi-Million Dollar Homes 64 $2,556,539 45 days
Newly Built Homes 22 $1,122,307 49 days
Homes with a Pool 190 $796,412 44 days
Reduced Price Homes 28 $544,575 45 days