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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

$691,996

AVERAGE PRICE OF 247 HOMES

$2,161,934

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$827,841

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$787,202

AVERAGE PRICE OF 149 HOMES WITH A POOL

$847,061

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $691,996
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $566,562
2 bedrooms $392,013
3 bedrooms $524,197
4 bedrooms $888,999
5 bedrooms $1,570,390
Merritt Island Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 251 235 244 n/a 254
Average Price $727,766 $710,519 $715,211 n/a $695,093
Avg Price Change +2.43% -0.66% n/a n/a +2.06%
Median Price $523,582 $532,494 $556,018 n/a $558,340
Med Price Change -1.70% -4.42% n/a n/a +1.99%
Avg Bedrooms 3.29 beds 3.29 beds 3.33 beds n/a 3.34 beds
Avg Bathrooms 2.32 baths 2.29 baths 2.34 baths n/a 2.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 229 $625,238 90 days
Satellite 9 $2,645,556 172 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 247 $691,996 93 days
Multi-Million Dollar Homes 32 $2,161,934 151 days
Newly Built Homes 27 $827,841 227 days
Homes with a Pool 149 $787,202 91 days
Reduced Price Homes 13 $847,061 36 days

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