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

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

$771,810

AVERAGE PRICE OF 454 HOMES

$833,975

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,383,512

AVERAGE PRICE OF 70 MULTI-MILLION DOLLAR HOMES

$1,158,310

AVERAGE PRICE OF 34 NEWLY BUILT HOMES

$960,824

AVERAGE PRICE OF 146 HOMES WITH A POOL

$618,032

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $771,810
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $422,366
2 bedrooms $420,785
3 bedrooms $550,276
4 bedrooms $778,014
5 bedrooms $1,643,444
Merritt Island Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 409 376 373 376 390
Average Price $807,356 $792,359 $768,289 $719,938 $717,208
Avg Price Change +1.89% +3.13% +6.72% +0.38% -2.70%
Median Price $533,723 $553,042 $540,160 $515,474 $516,792
Med Price Change -3.62% +2.38% +4.79% -0.26% -1.47%
Avg Bedrooms 2.79 beds 2.78 beds 2.75 beds 2.74 beds 2.72 beds
Avg Bathrooms 2.19 baths 2.16 baths 2.12 baths 2.1 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 408 $680,362 93 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 454 $771,810 103 days
Distressed Homes 4 $833,975 80 days
Multi-Million Dollar Homes 70 $2,383,512 131 days
Newly Built Homes 34 $1,158,310 154 days
Homes with a Pool 146 $960,824 74 days
Reduced Price Homes 37 $618,032 63 days

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