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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

$592,395

AVERAGE PRICE OF 252 HOMES

$286,600

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,129,962

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$657,763

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$718,737

AVERAGE PRICE OF 145 HOMES WITH A POOL

$350,100

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $592,395
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $61,175
2 bedrooms $294,486
3 bedrooms $434,013
4 bedrooms $684,443
5 bedrooms $1,462,431
Merritt Island Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 253 250 246 263 273
Average Price $585,106 $563,099 $557,176 $523,924 $499,645
Avg Price Change +3.91% +1.06% +6.35% +4.86% +0.78%
Median Price $434,249 $426,823 $405,887 $384,944 $389,531
Med Price Change +1.74% +5.16% +5.44% -1.19% +1.40%
Avg Bedrooms 3.37 beds 3.45 beds 3.5 beds 3.43 beds 3.42 beds
Avg Bathrooms 2.44 baths 2.45 baths 2.46 baths 2.44 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 226 $509,696 58 days
Satellite 9 $2,461,445 105 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 252 $592,395 67 days
Distressed Homes 3 $286,600 38 days
Multi-Million Dollar Homes 26 $2,129,962 100 days
Newly Built Homes 32 $657,763 128 days
Homes with a Pool 145 $718,737 69 days
Reduced Price Homes 7 $350,100 43 days
Florida Lifestyle Realty LLC
Jackie Griffin
6500 N. Atlantic Ave. Suite C
Cape Canaveral, FL 32920
321-613-5922

Fair Housing/Equal Opportunity
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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. June 23, 2021
Copyright 6/23/2021 10:56 PM 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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