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Elizabeth Heussy
321-615-1304

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

$699,378

AVERAGE PRICE OF 283 HOMES

$153,666

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,270,179

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$1,601,405

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$1,118,353

AVERAGE PRICE OF 104 HOMES WITH A POOL

Average Home

Average Price $699,378
Avg Bedrooms 3.38 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

1 bedroom $134,875
2 bedrooms $248,494
3 bedrooms $495,639
4 bedrooms $747,293
5 bedrooms $2,089,550
Merritt Island Home Price Trends
  7/2026 6/2026 5/2026 4/2026 3/2026
Total Listings n/a n/a n/a n/a 398
Average Price n/a n/a n/a n/a $792,575
Avg Price Change n/a n/a n/a n/a +1.47%
Median Price n/a n/a n/a n/a $497,173
Med Price Change n/a n/a n/a n/a -3.08%
Avg Bedrooms n/a n/a n/a n/a 2.68 beds
Avg Bathrooms n/a n/a n/a n/a 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 272 $606,013 82 days
Satellite 9 $3,309,333 174 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 283 $699,378 86 days
Distressed Homes 3 $153,666 150 days
Multi-Million Dollar Homes 38 $2,270,179 142 days
Newly Built Homes 18 $1,601,405 70 days
Homes with a Pool 104 $1,118,353 99 days

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