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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

$688,621

AVERAGE PRICE OF 248 HOMES

$2,166,622

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$827,841

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$780,920

AVERAGE PRICE OF 150 HOMES WITH A POOL

$668,915

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $688,621
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $566,562
2 bedrooms $384,189
3 bedrooms $524,293
4 bedrooms $892,261
5 bedrooms $1,577,533
Merritt Island Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 251 235 244 n/a 254
Average Price $727,766 $710,519 $715,211 n/a $695,093
Avg Price Change +2.43% -0.66% n/a n/a +2.06%
Median Price $523,582 $532,494 $556,018 n/a $558,340
Med Price Change -1.70% -4.42% n/a n/a +1.99%
Avg Bedrooms 3.29 beds 3.29 beds 3.33 beds n/a 3.34 beds
Avg Bathrooms 2.32 baths 2.29 baths 2.34 baths n/a 2.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 230 $621,889 90 days
Satellite 9 $2,645,556 171 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 248 $688,621 92 days
Multi-Million Dollar Homes 32 $2,166,622 150 days
Newly Built Homes 27 $827,841 226 days
Homes with a Pool 150 $780,920 91 days
Reduced Price Homes 13 $668,915 41 days