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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

$803,778

AVERAGE PRICE OF 428 HOMES

$421,633

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,516,529

AVERAGE PRICE OF 69 MULTI-MILLION DOLLAR HOMES

$1,183,111

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$794,371

AVERAGE PRICE OF 193 HOMES WITH A POOL

$648,819

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $803,778
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $350,107
2 bedrooms $286,932
3 bedrooms $531,309
4 bedrooms $817,144
5 bedrooms $1,748,509
Merritt Island Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 408 408 403 388 n/a
Average Price $811,308 $790,942 $781,076 $782,254 n/a
Avg Price Change +2.57% +1.26% -0.15% n/a n/a
Median Price $548,240 $531,304 $523,741 $531,175 n/a
Med Price Change +3.19% +1.44% -1.42% n/a n/a
Avg Bedrooms 2.68 beds 2.58 beds 2.55 beds 2.52 beds n/a
Avg Bathrooms 2.05 baths 2.01 baths 1.97 baths 1.7 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 384 $665,125 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 428 $803,778 61 days
Distressed Homes 3 $421,633 44 days
Multi-Million Dollar Homes 69 $2,516,529 68 days
Newly Built Homes 18 $1,183,111 63 days
Homes with a Pool 193 $794,371 57 days
Reduced Price Homes 26 $648,819 57 days