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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

$776,722

AVERAGE PRICE OF 432 HOMES

$287,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,481,976

AVERAGE PRICE OF 66 MULTI-MILLION DOLLAR HOMES

$857,640

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$779,932

AVERAGE PRICE OF 194 HOMES WITH A POOL

$543,482

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price $776,722
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $338,369
2 bedrooms $320,402
3 bedrooms $560,780
4 bedrooms $748,003
5 bedrooms $1,510,071
Merritt Island Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 431 408 408 403 388
Average Price $799,004 $811,308 $790,942 $781,076 $782,254
Avg Price Change -1.54% +2.57% +1.26% -0.15% n/a
Median Price $538,242 $548,240 $531,304 $523,741 $531,175
Med Price Change -1.86% +3.19% +1.44% -1.42% n/a
Avg Bedrooms 2.7 beds 2.68 beds 2.58 beds 2.55 beds 2.52 beds
Avg Bathrooms 2.06 baths 2.05 baths 2.01 baths 1.97 baths 1.7 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 385 $643,477 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 432 $776,722 71 days
Distressed Homes 2 $287,450 37 days
Multi-Million Dollar Homes 66 $2,481,976 93 days
Newly Built Homes 24 $857,640 57 days
Homes with a Pool 194 $779,932 62 days
Reduced Price Homes 34 $543,482 61 days