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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

$712,766

AVERAGE PRICE OF 374 HOMES

$903,266

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,435,876

AVERAGE PRICE OF 45 MULTI-MILLION DOLLAR HOMES

$753,783

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$715,331

AVERAGE PRICE OF 157 HOMES WITH A POOL

$541,484

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $712,766
Avg Bedrooms 2.7 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $474,712
2 bedrooms $284,215
3 bedrooms $526,149
4 bedrooms $723,161
5 bedrooms $1,110,859
Merritt Island Home Price Trends
  10/2024 9/2024 8/2024 7/2024 6/2024
Total Listings 390 399 383 385 415
Average Price $717,208 $736,592 $743,705 $766,023 $768,079
Avg Price Change -2.70% -0.97% -3.00% -0.27% -1.77%
Median Price $516,792 $524,405 $520,316 $531,673 $545,667
Med Price Change -1.47% +0.79% -2.18% -2.63% +0.72%
Avg Bedrooms 2.72 beds 2.73 beds 2.69 beds 2.68 beds 2.65 beds
Avg Bathrooms 2.07 baths 2.09 baths 2.07 baths 2.11 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 339 $602,712 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 374 $712,766 108 days
Distressed Homes 3 $903,266 60 days
Multi-Million Dollar Homes 45 $2,435,876 157 days
Newly Built Homes 33 $753,783 115 days
Homes with a Pool 157 $715,331 89 days
Reduced Price Homes 19 $541,484 99 days