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

$725,409

AVERAGE PRICE OF 256 HOMES

$216,966

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,116,179

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$1,899,408

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$1,089,568

AVERAGE PRICE OF 106 HOMES WITH A POOL

Average Home

Average Price	$725,409
Avg Bedrooms	3.46 beds
Avg Bathrooms	2.66 baths

Average Price by Bedrooms

1 bedroom	$124,728
2 bedrooms	$254,662
3 bedrooms	$555,299
4 bedrooms	$725,051
5 bedrooms	$1,680,773

Merritt Island Home Price Trends

	8/2026	7/2026	6/2026	5/2026	4/2026
Total Listings	276	292	n/a	n/a	n/a
Average Price	$701,473	$702,351	n/a	n/a	n/a
Avg Price Change	-0.13%	n/a	n/a	n/a	n/a
Median Price	$484,780	$484,560	n/a	n/a	n/a
Med Price Change	+0.05%	n/a	n/a	n/a	n/a
Avg Bedrooms	3.38 beds	3.39 beds	n/a	n/a	n/a
Avg Bathrooms	2.55 baths	2.55 baths	n/a	n/a	n/a

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Merritt Island	248	$661,539	87 days
Satellite	6	$2,567,333	152 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	256	$725,409	88 days
Distressed Homes	3	$216,966	75 days
Multi-Million Dollar Homes	38	$2,116,179	129 days
Newly Built Homes	12	$1,899,408	94 days
Homes with a Pool	106	$1,089,568	91 days

Merritt Island

Why you'd want to live in Merritt Island

Merritt Island Market Report

$725,409

$216,966

$2,116,179

$1,899,408

$1,089,568

Average Home

Average Price by Bedrooms

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