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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

$791,343

AVERAGE PRICE OF 412 HOMES

$304,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,469,024

AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES

$1,147,360

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$795,757

AVERAGE PRICE OF 192 HOMES WITH A POOL

$597,370

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $791,343
Avg Bedrooms 2.59 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $150,549
2 bedrooms $327,192
3 bedrooms $540,163
4 bedrooms $846,949
5 bedrooms $2,075,106
Merritt Island Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 403 388 n/a n/a n/a
Average Price $781,076 $782,254 n/a n/a n/a
Avg Price Change -0.15% n/a n/a n/a n/a
Median Price $523,741 $531,175 n/a n/a n/a
Med Price Change -1.42% n/a n/a n/a n/a
Avg Bedrooms 2.55 beds 2.52 beds n/a n/a n/a
Avg Bathrooms 1.97 baths 1.7 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 364 $648,599 42 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 412 $791,343 42 days
Distressed Homes 1 $304,900 53 days
Multi-Million Dollar Homes 64 $2,469,024 42 days
Newly Built Homes 21 $1,147,360 48 days
Homes with a Pool 192 $795,757 41 days
Reduced Price Homes 24 $597,370 45 days