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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

$602,293

AVERAGE PRICE OF 269 HOMES

$254,950

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,216,556

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$637,284

AVERAGE PRICE OF 30 NEWLY BUILT HOMES

$764,340

AVERAGE PRICE OF 149 HOMES WITH A POOL

$456,219

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $602,293
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

1 bedroom $91,600
2 bedrooms $292,406
3 bedrooms $432,266
4 bedrooms $667,233
5 bedrooms $1,623,327
Merritt Island Home Price Trends
  7/2021 6/2021 5/2021 4/2021 3/2021
Total Listings 262 253 253 250 246
Average Price $593,392 $588,318 $585,106 $563,099 $557,176
Avg Price Change +0.86% +0.55% +3.91% +1.06% +6.35%
Median Price $426,242 $425,581 $434,249 $426,823 $405,887
Med Price Change +0.16% -2.04% +1.74% +5.16% +5.44%
Avg Bedrooms 3.29 beds 3.28 beds 3.37 beds 3.45 beds 3.5 beds
Avg Bathrooms 2.4 baths 2.41 baths 2.44 baths 2.45 baths 2.46 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Heritage 1 $470,000 12 days
Merritt Island 245 $530,930 61 days
Satellite 8 $2,568,625 136 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 269 $602,293 71 days
Distressed Homes 4 $254,950 64 days
Multi-Million Dollar Homes 27 $2,216,556 120 days
Newly Built Homes 30 $637,284 165 days
Homes with a Pool 149 $764,340 77 days
Reduced Price Homes 10 $456,219 71 days
Florida Lifestyle Realty LLC
Jackie Griffin
6500 N. Atlantic Ave. Suite C
Cape Canaveral, FL 32920
321-613-5922

The information displayed on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than Florida Lifestyle Realty LLC in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.com. August 1, 2021
Copyright 8/1/2021 6:57 AM CST New Smyrna Beach Board of REALTORS®, Inc. All rights reserved”. NSBBORMLS data is provided solely for publication on the Internet as a tool for consumers to search and view properties available for sale, which have been listed with NSBBORMLS members. “IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to consumers that may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS”
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