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
$517,066
AVERAGE PRICE OF 216 HOMES$378,000
AVERAGE PRICE OF 3 DISTRESSED HOMES$1,991,991
AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES$516,314
AVERAGE PRICE OF 44 NEWLY BUILT HOMES$612,243
AVERAGE PRICE OF 114 HOMES WITH A POOL$380,250
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $517,066 |
| Avg Bedrooms | 4.2 beds |
| Avg Bathrooms | 3.7 baths |
Average Price by Bedrooms
| 1 bedroom | $154,000 |
| 2 bedrooms | $263,056 |
| 3 bedrooms | $394,506 |
| 4 bedrooms | $624,573 |
| 5 bedrooms | $1,053,494 |
Merritt Island Home Price Trends
| 8/2020 | 7/2020 | 6/2020 | 5/2020 | 4/2020 | |
|---|---|---|---|---|---|
| Total Listings | 228 | 227 | 252 | 267 | 266 |
| Average Price | $518,527 | $530,906 | $573,402 | $584,794 | $591,640 |
| Avg Price Change | -2.39% | -8.00% | -1.99% | -1.17% | -3.28% |
| Median Price | $385,540 | $387,335 | $394,735 | $402,864 | $397,244 |
| Med Price Change | -0.47% | -1.91% | -2.06% | +1.41% | -0.44% |
| Avg Bedrooms | 3.38 beds | 3.44 beds | 3.52 beds | 3.29 beds | 3.56 beds |
| Avg Bathrooms | 2.39 baths | 2.44 baths | 2.51 baths | 2.76 baths | 2.51 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Merritt Island | 201 | $465,236 | 94 days |
| Satellite | 8 | $1,641,850 | 104 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 216 | $517,066 | 53 days |
| Distressed Homes | 3 | $378,000 | 52 days |
| Multi-Million Dollar Homes | 12 | $1,991,991 | 74 days |
| Newly Built Homes | 44 | $516,314 | 141 days |
| Homes with a Pool | 114 | $612,243 | 46 days |
| Reduced Price Homes | 10 | $380,250 | 86 days |
School Data
Highly Rated Merritt Island Schools
AUDUBON ELEMENTARY SCHOOL
Middle School
Public
DELAURA MIDDLE SCHOOL
Middle School
Public
LEWIS CARROLL ELEMENTARY SCHOOL
Middle School
Public
OCEAN BREEZE ELEMENTARY SCHOOL
Middle School
Public
TROPICAL ELEMENTARY SCHOOL
Middle School
Public
SATELLITE SENIOR HIGH SCHOOL
High School
Public
