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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

$715,778

AVERAGE PRICE OF 239 HOMES

$2,162,330

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$871,117

AVERAGE PRICE OF 23 NEWLY BUILT HOMES

$818,109

AVERAGE PRICE OF 144 HOMES WITH A POOL

$499,066

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $715,778
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $633,942
2 bedrooms $408,759
3 bedrooms $534,527
4 bedrooms $896,177
5 bedrooms $1,615,365
Merritt Island Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 251 235 244 n/a 254
Average Price $727,766 $710,519 $715,211 n/a $695,093
Avg Price Change +2.43% -0.66% n/a n/a +2.06%
Median Price $523,582 $532,494 $556,018 n/a $558,340
Med Price Change -1.70% -4.42% n/a n/a +1.99%
Avg Bedrooms 3.29 beds 3.29 beds 3.33 beds n/a 3.34 beds
Avg Bathrooms 2.32 baths 2.29 baths 2.34 baths n/a 2.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 224 $644,987 92 days
Satellite 9 $2,645,556 179 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 239 $715,778 94 days
Multi-Million Dollar Homes 33 $2,162,330 153 days
Newly Built Homes 23 $871,117 242 days
Homes with a Pool 144 $818,109 93 days
Reduced Price Homes 12 $499,066 71 days

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