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
Merritt Island Market Report
$623,750
AVERAGE PRICE OF 183 HOMES$165,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$2,116,429
AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES$679,617
AVERAGE PRICE OF 41 NEWLY BUILT HOMES$746,281
AVERAGE PRICE OF 97 HOMES WITH A POOL$636,699
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $623,750 |
| Avg Bedrooms | 3.65 beds |
| Avg Bathrooms | 2.19 baths |
Average Price by Bedrooms
| 1 bedroom | $149,950 |
| 2 bedrooms | $456,659 |
| 3 bedrooms | $510,313 |
| 4 bedrooms | $565,085 |
| 5 bedrooms | $1,245,664 |
Merritt Island Home Price Trends
| 12/2021 | 11/2021 | 10/2021 | 9/2021 | 8/2021 | |
|---|---|---|---|---|---|
| Total Listings | 234 | n/a | 280 | 282 | 262 |
| Average Price | $636,949 | n/a | $621,503 | $592,875 | $603,213 |
| Avg Price Change | n/a | n/a | +4.83% | -1.74% | +1.66% |
| Median Price | $505,776 | n/a | $463,497 | $446,118 | $435,782 |
| Med Price Change | n/a | n/a | +3.90% | +2.37% | +2.24% |
| Avg Bedrooms | 3.66 beds | n/a | 3.5 beds | 3.29 beds | 3.17 beds |
| Avg Bathrooms | 4.72 baths | n/a | 3.86 baths | 3.13 baths | 2.34 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Astronaut | 1 | $689,900 | 39 days |
| Merritt Island | 174 | $564,577 | 89 days |
| Satellite | 5 | $2,799,000 | 111 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 183 | $623,750 | 88 days |
| Distressed Homes | 1 | $165,000 | 240 days |
| Multi-Million Dollar Homes | 14 | $2,116,429 | 121 days |
| Newly Built Homes | 41 | $679,617 | 175 days |
| Homes with a Pool | 97 | $746,281 | 101 days |
| Reduced Price Homes | 5 | $636,699 | 63 days |
