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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

$792,048

AVERAGE PRICE OF 389 HOMES

$1,219,250

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,439,172

AVERAGE PRICE OF 60 MULTI-MILLION DOLLAR HOMES

$804,097

AVERAGE PRICE OF 34 NEWLY BUILT HOMES

$967,544

AVERAGE PRICE OF 129 HOMES WITH A POOL

$573,830

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $792,048
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $372,836
2 bedrooms $316,130
3 bedrooms $574,564
4 bedrooms $751,355
5 bedrooms $1,884,321
Merritt Island Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 373 376 390 399 383
Average Price $768,289 $719,938 $717,208 $736,592 $743,705
Avg Price Change +6.72% +0.38% -2.70% -0.97% -3.00%
Median Price $540,160 $515,474 $516,792 $524,405 $520,316
Med Price Change +4.79% -0.26% -1.47% +0.79% -2.18%
Avg Bedrooms 2.75 beds 2.74 beds 2.72 beds 2.73 beds 2.69 beds
Avg Bathrooms 2.12 baths 2.1 baths 2.07 baths 2.09 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 356 $675,825 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 389 $792,048 119 days
Distressed Homes 2 $1,219,250 113 days
Multi-Million Dollar Homes 60 $2,439,172 126 days
Newly Built Homes 34 $804,097 156 days
Homes with a Pool 129 $967,544 100 days
Reduced Price Homes 24 $573,830 95 days

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