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Chris Ritman
321-266-9096
SL3182097

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

$778,581

AVERAGE PRICE OF 414 HOMES

$238,300

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,409,913

AVERAGE PRICE OF 68 MULTI-MILLION DOLLAR HOMES

$1,305,171

AVERAGE PRICE OF 17 NEWLY BUILT HOMES

$973,560

AVERAGE PRICE OF 128 HOMES WITH A POOL

$510,678

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $778,581
Avg Bedrooms 2.66 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $406,844
2 bedrooms $290,560
3 bedrooms $511,546
4 bedrooms $706,400
5 bedrooms $2,019,683
Merritt Island Home Price Trends
  1/2026 12/2025 11/2025 10/2025 9/2025
Total Listings 401 415 436 440 452
Average Price $758,340 $753,009 $754,009 $766,929 $772,247
Avg Price Change +0.71% -0.13% -1.71% -0.69% +0.25%
Median Price $537,811 $518,640 $525,366 $516,571 $509,356
Med Price Change +3.70% -1.30% +1.70% +1.42% -0.94%
Avg Bedrooms 2.74 beds 2.79 beds 2.85 beds 2.88 beds 2.9 beds
Avg Bathrooms 2.16 baths 2.16 baths 2.17 baths 2.2 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 375 $633,741 123 days
Total Homes Average Price Avg Days on Site
All Homes 414 $778,581 140 days
Distressed Homes 6 $238,300 71 days
Multi-Million Dollar Homes 68 $2,409,913 202 days
Newly Built Homes 17 $1,305,171 310 days
Homes with a Pool 128 $973,560 102 days
Reduced Price Homes 28 $510,678 98 days

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