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Brandon Thompson
321-210-5319
SL3471218

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

$740,528

AVERAGE PRICE OF 415 HOMES

$369,949

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,331,097

AVERAGE PRICE OF 60 MULTI-MILLION DOLLAR HOMES

$799,969

AVERAGE PRICE OF 30 NEWLY BUILT HOMES

$920,286

AVERAGE PRICE OF 131 HOMES WITH A POOL

$511,990

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $740,528
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $440,200
2 bedrooms $361,654
3 bedrooms $495,350
4 bedrooms $680,366
5 bedrooms $1,593,590
Merritt Island Home Price Trends
  11/2025 10/2025 9/2025 8/2025 7/2025
Total Listings 436 440 452 466 464
Average Price $754,009 $766,929 $772,247 $770,341 $792,408
Avg Price Change -1.71% -0.69% +0.25% -2.86% +1.29%
Median Price $525,366 $516,571 $509,356 $514,167 $531,896
Med Price Change +1.70% +1.42% -0.94% -3.45% +0.63%
Avg Bedrooms 2.85 beds 2.88 beds 2.9 beds 2.94 beds 2.93 beds
Avg Bathrooms 2.17 baths 2.2 baths 2.36 baths 3.4 baths 3.41 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 379 $632,015 123 days
Total Homes Average Price Avg Days on Site
All Homes 415 $740,528 138 days
Distressed Homes 4 $369,949 203 days
Multi-Million Dollar Homes 60 $2,331,097 198 days
Newly Built Homes 30 $799,969 244 days
Homes with a Pool 131 $920,286 115 days
Reduced Price Homes 22 $511,990 109 days

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