If you need assistance, please call 321-613-5922

Elise Johnson
321-301-0300

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

$788,079

AVERAGE PRICE OF 400 HOMES

$247,114

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,409,624

AVERAGE PRICE OF 69 MULTI-MILLION DOLLAR HOMES

$1,281,424

AVERAGE PRICE OF 17 NEWLY BUILT HOMES

$1,009,645

AVERAGE PRICE OF 128 HOMES WITH A POOL

$863,464

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $788,079
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $475,242
2 bedrooms $275,745
3 bedrooms $490,175
4 bedrooms $726,566
5 bedrooms $2,239,074
Merritt Island Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 413 401 415 436 440
Average Price $781,121 $758,340 $753,009 $754,009 $766,929
Avg Price Change +3.00% +0.71% -0.13% -1.71% -0.69%
Median Price $512,507 $537,811 $518,640 $525,366 $516,571
Med Price Change -4.94% +3.70% -1.30% +1.70% +1.42%
Avg Bedrooms 2.69 beds 2.74 beds 2.79 beds 2.85 beds 2.88 beds
Avg Bathrooms 2.11 baths 2.16 baths 2.16 baths 2.17 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 365 $646,892 125 days
Total Homes Average Price Avg Days on Site
All Homes 400 $788,079 141 days
Distressed Homes 7 $247,114 82 days
Multi-Million Dollar Homes 69 $2,409,624 196 days
Newly Built Homes 17 $1,281,424 309 days
Homes with a Pool 128 $1,009,645 96 days
Reduced Price Homes 17 $863,464 73 days
Florida Lifestyle Realty LLC
Jackie Griffin
6500 N. Atlantic Ave. Suite C
Cape Canaveral, FL 32920
321-613-5922

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