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Nichole Barna
321-961-4946
SL3469819

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

$777,985

AVERAGE PRICE OF 494 HOMES

$379,975

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,313,543

AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES

$993,076

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$954,356

AVERAGE PRICE OF 178 HOMES WITH A POOL

$589,116

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $777,985
Avg Bedrooms 2.87 beds
Avg Bathrooms 3.28 baths

Average Price by Bedrooms

1 bedroom $387,790
2 bedrooms $352,572
3 bedrooms $554,399
4 bedrooms $808,582
5 bedrooms $1,671,844
Merritt Island Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 496 495 454 409 376
Average Price $789,882 $766,698 $773,366 $807,356 $792,359
Avg Price Change +3.02% -0.87% -4.40% +1.89% +3.13%
Median Price $532,812 $526,279 $516,544 $533,723 $553,042
Med Price Change +1.24% +1.88% -3.33% -3.62% +2.38%
Avg Bedrooms 2.87 beds 2.83 beds 2.78 beds 2.79 beds 2.78 beds
Avg Bathrooms 2.34 baths 2.15 baths 2.14 baths 2.19 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 451 $677,093 107 days
Total Homes Average Price Avg Days on Site
All Homes 494 $777,985 117 days
Distressed Homes 4 $379,975 97 days
Multi-Million Dollar Homes 81 $2,313,543 146 days
Newly Built Homes 35 $993,076 158 days
Homes with a Pool 178 $954,356 84 days
Reduced Price Homes 46 $589,116 76 days

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