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Michele Barwick
321-749-7930
SL3430395

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

$783,715

AVERAGE PRICE OF 505 HOMES

$663,966

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,328,342

AVERAGE PRICE OF 82 MULTI-MILLION DOLLAR HOMES

$1,172,121

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$963,714

AVERAGE PRICE OF 177 HOMES WITH A POOL

$574,288

AVERAGE PRICE OF 42 REDUCED PRICE HOMES

Average Home

Average Price $783,715
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $481,271
2 bedrooms $407,327
3 bedrooms $569,749
4 bedrooms $756,050
5 bedrooms $1,631,072
Merritt Island Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 495 454 409 376 373
Average Price $766,698 $773,366 $807,356 $792,359 $768,289
Avg Price Change -0.87% -4.40% +1.89% +3.13% +6.72%
Median Price $526,279 $516,544 $533,723 $553,042 $540,160
Med Price Change +1.88% -3.33% -3.62% +2.38% +4.79%
Avg Bedrooms 2.83 beds 2.78 beds 2.79 beds 2.78 beds 2.75 beds
Avg Bathrooms 2.15 baths 2.14 baths 2.19 baths 2.16 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 461 $696,236 101 days
Total Homes Average Price Avg Days on Site
All Homes 505 $783,715 109 days
Distressed Homes 6 $663,966 94 days
Multi-Million Dollar Homes 82 $2,328,342 139 days
Newly Built Homes 32 $1,172,121 156 days
Homes with a Pool 177 $963,714 78 days
Reduced Price Homes 42 $574,288 92 days

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