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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

$806,702

AVERAGE PRICE OF 494 HOMES

$750,780

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,331,365

AVERAGE PRICE OF 85 MULTI-MILLION DOLLAR HOMES

$1,163,996

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$977,531

AVERAGE PRICE OF 180 HOMES WITH A POOL

$816,642

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $806,702
Avg Bedrooms 2.89 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $480,414
2 bedrooms $402,681
3 bedrooms $573,807
4 bedrooms $785,572
5 bedrooms $1,657,957
Merritt Island Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 495 454 409 376 373
Average Price $766,698 $773,366 $807,356 $792,359 $768,289
Avg Price Change -0.87% -4.40% +1.89% +3.13% +6.72%
Median Price $526,279 $516,544 $533,723 $553,042 $540,160
Med Price Change +1.88% -3.33% -3.62% +2.38% +4.79%
Avg Bedrooms 2.83 beds 2.78 beds 2.79 beds 2.78 beds 2.75 beds
Avg Bathrooms 2.15 baths 2.14 baths 2.19 baths 2.16 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 449 $708,624 104 days
Total Homes Average Price Avg Days on Site
All Homes 494 $806,702 112 days
Distressed Homes 5 $750,780 116 days
Multi-Million Dollar Homes 85 $2,331,365 134 days
Newly Built Homes 33 $1,163,996 151 days
Homes with a Pool 180 $977,531 80 days
Reduced Price Homes 40 $816,642 84 days

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