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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

$636,663

AVERAGE PRICE OF 274 HOMES

$290,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,048,000

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$635,376

AVERAGE PRICE OF 41 NEWLY BUILT HOMES

$774,450

AVERAGE PRICE OF 160 HOMES WITH A POOL

$741,248

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $636,663
Avg Bedrooms 3.45 beds
Avg Bathrooms 3.46 baths

Average Price by Bedrooms

1 bedroom $1,400,000
2 bedrooms $319,809
3 bedrooms $475,763
4 bedrooms $1,181,367
5 bedrooms $1,126,380
Merritt Island Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 282 262 262 253 253
Average Price $592,875 $603,213 $593,392 $588,318 $585,106
Avg Price Change -1.74% +1.66% +0.86% +0.55% +3.91%
Median Price $446,118 $435,782 $426,242 $425,581 $434,249
Med Price Change +2.37% +2.24% +0.16% -2.04% +1.74%
Avg Bedrooms 3.29 beds 3.17 beds 3.29 beds 3.28 beds 3.37 beds
Avg Bathrooms 3.13 baths 2.34 baths 2.4 baths 2.41 baths 2.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 251 $563,511 70 days
Satellite 9 $2,392,778 132 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 274 $636,663 61 days
Distressed Homes 2 $290,000 149 days
Multi-Million Dollar Homes 33 $2,048,000 80 days
Newly Built Homes 41 $635,376 139 days
Homes with a Pool 160 $774,450 68 days
Reduced Price Homes 9 $741,248 49 days
Florida Lifestyle Realty LLC
Jackie Griffin
6500 N. Atlantic Ave. Suite C
Cape Canaveral, FL 32920
321-613-5922

The information displayed on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than Florida Lifestyle Realty LLC in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.com. October 17, 2021
Copyright 10/17/2021 7:36 AM CST New Smyrna Beach Board of REALTORS®, Inc. All rights reserved”. NSBBORMLS data is provided solely for publication on the Internet as a tool for consumers to search and view properties available for sale, which have been listed with NSBBORMLS members. “IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to consumers that may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS”
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