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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

$713,040

AVERAGE PRICE OF 403 HOMES

$903,266

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,404,070

AVERAGE PRICE OF 49 MULTI-MILLION DOLLAR HOMES

$771,111

AVERAGE PRICE OF 29 NEWLY BUILT HOMES

$727,241

AVERAGE PRICE OF 174 HOMES WITH A POOL

$459,528

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $713,040
Avg Bedrooms 2.73 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $578,966
2 bedrooms $297,085
3 bedrooms $525,422
4 bedrooms $741,033
5 bedrooms $1,119,859
Merritt Island Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 399 383 385 415 433
Average Price $736,592 $743,705 $766,023 $768,079 $781,705
Avg Price Change -0.97% -3.00% -0.27% -1.77% -2.21%
Median Price $524,405 $520,316 $531,673 $545,667 $541,789
Med Price Change +0.79% -2.18% -2.63% +0.72% +0.66%
Avg Bedrooms 2.73 beds 2.69 beds 2.68 beds 2.65 beds 2.68 beds
Avg Bathrooms 2.09 baths 2.07 baths 2.11 baths 2.1 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 366 $605,120 93 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 403 $713,040 101 days
Distressed Homes 3 $903,266 35 days
Multi-Million Dollar Homes 49 $2,404,070 140 days
Newly Built Homes 29 $771,111 124 days
Homes with a Pool 174 $727,241 83 days
Reduced Price Homes 21 $459,528 68 days