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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

$705,522

AVERAGE PRICE OF 258 HOMES

$314,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,148,365

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$1,094,324

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$835,142

AVERAGE PRICE OF 140 HOMES WITH A POOL

$579,933

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $705,522
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $1,519,800
2 bedrooms $400,002
3 bedrooms $582,121
4 bedrooms $758,364
5 bedrooms $1,879,483
Merritt Island Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 253 231 226 230 239
Average Price $675,136 $654,982 $656,469 $673,655 $704,492
Avg Price Change +3.08% -0.23% -2.62% -4.58% -1.13%
Median Price $534,927 $528,680 $519,210 $541,138 $541,970
Med Price Change +1.18% +1.82% -4.22% -0.15% +0.93%
Avg Bedrooms 3.29 beds 3.26 beds 3.21 beds 3.29 beds 3.31 beds
Avg Bathrooms 2.22 baths 2.17 baths 2.2 baths 2.24 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 245 $618,201 82 days
Satellite 11 $2,679,682 135 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 258 $705,522 84 days
Distressed Homes 2 $314,450 101 days
Multi-Million Dollar Homes 34 $2,148,365 104 days
Newly Built Homes 26 $1,094,324 187 days
Homes with a Pool 140 $835,142 89 days
Reduced Price Homes 32 $579,933 48 days

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