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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

$556,137

AVERAGE PRICE OF 249 HOMES

$199,500

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,930,673

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$623,336

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$632,769

AVERAGE PRICE OF 144 HOMES WITH A POOL

$438,266

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $556,137
Avg Bedrooms 3.45 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $121,450
2 bedrooms $309,149
3 bedrooms $414,508
4 bedrooms $581,056
5 bedrooms $943,321
Merritt Island Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 246 263 273 307 321
Average Price $557,176 $523,924 $499,645 $495,765 $479,335
Avg Price Change +6.35% +4.86% +0.78% +3.43% -5.33%
Median Price $405,887 $384,944 $389,531 $384,146 $384,900
Med Price Change +5.44% -1.19% +1.40% -0.20% -2.42%
Avg Bedrooms 3.5 beds 3.43 beds 3.42 beds 2.71 beds 3.41 beds
Avg Bathrooms 2.46 baths 2.44 baths 2.4 baths 1.69 baths 2.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 230 $513,268 61 days
Satellite 5 $2,056,400 152 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 249 $556,137 67 days
Distressed Homes 1 $199,500 34 days
Multi-Million Dollar Homes 19 $1,930,673 115 days
Newly Built Homes 39 $623,336 103 days
Homes with a Pool 144 $632,769 60 days
Reduced Price Homes 3 $438,266 21 days
Florida Lifestyle Realty LLC
Jackie Griffin
6500 N. Atlantic Ave. Suite C
Cape Canaveral, FL 32920
321-613-5922

The information displayed on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than Florida Lifestyle Realty LLC in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.com. April 18, 2021
Copyright 4/18/2021 4:54 AM CST New Smyrna Beach Board of REALTORS®, Inc. All rights reserved”. NSBBORMLS data is provided solely for publication on the Internet as a tool for consumers to search and view properties available for sale, which have been listed with NSBBORMLS members. “IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to consumers that may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS”
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