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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

$725,839

AVERAGE PRICE OF 248 HOMES

$2,048,911

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$729,330

AVERAGE PRICE OF 47 NEWLY BUILT HOMES

$856,554

AVERAGE PRICE OF 142 HOMES WITH A POOL

$806,380

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $725,839
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $1,088,300
2 bedrooms $444,083
3 bedrooms $485,539
4 bedrooms $952,256
5 bedrooms $1,131,671
Merritt Island Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings n/a 254 255 259 253
Average Price n/a $695,093 $681,044 $691,941 $683,009
Avg Price Change n/a +2.06% -1.60% +1.31% n/a
Median Price n/a $558,340 $547,468 $544,301 $527,912
Med Price Change n/a +1.99% +0.58% +3.10% n/a
Avg Bedrooms n/a 3.34 beds 3.33 beds 3.34 beds 3.3 beds
Avg Bathrooms n/a 2.35 baths 2.31 baths 2.33 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 236 $649,497 113 days
Satellite 8 $3,009,375 149 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 248 $725,839 113 days
Multi-Million Dollar Homes 35 $2,048,911 123 days
Newly Built Homes 47 $729,330 255 days
Homes with a Pool 142 $856,554 121 days
Reduced Price Homes 10 $806,380 71 days