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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

$717,291

AVERAGE PRICE OF 251 HOMES

$215,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,053,291

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$728,821

AVERAGE PRICE OF 48 NEWLY BUILT HOMES

$844,648

AVERAGE PRICE OF 143 HOMES WITH A POOL

$838,211

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $717,291
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $1,088,300
2 bedrooms $444,239
3 bedrooms $485,740
4 bedrooms $934,715
5 bedrooms $1,099,135
Merritt Island Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings n/a 254 255 259 253
Average Price n/a $695,093 $681,044 $691,941 $683,009
Avg Price Change n/a +2.06% -1.60% +1.31% n/a
Median Price n/a $558,340 $547,468 $544,301 $527,912
Med Price Change n/a +1.99% +0.58% +3.10% n/a
Avg Bedrooms n/a 3.34 beds 3.33 beds 3.34 beds 3.3 beds
Avg Bathrooms n/a 2.35 baths 2.31 baths 2.33 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 238 $643,126 112 days
Satellite 8 $3,009,375 146 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 251 $717,291 112 days
Distressed Homes 1 $215,000 90 days
Multi-Million Dollar Homes 34 $2,053,291 123 days
Newly Built Homes 48 $728,821 254 days
Homes with a Pool 143 $844,648 119 days
Reduced Price Homes 17 $838,211 75 days