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Brittany Adamson
321-537-4676

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

$768,970

AVERAGE PRICE OF 455 HOMES

$830,950

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,399,939

AVERAGE PRICE OF 69 MULTI-MILLION DOLLAR HOMES

$1,246,161

AVERAGE PRICE OF 29 NEWLY BUILT HOMES

$962,425

AVERAGE PRICE OF 148 HOMES WITH A POOL

$646,696

AVERAGE PRICE OF 33 REDUCED PRICE HOMES

Average Home

Average Price $768,970
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $422,366
2 bedrooms $411,203
3 bedrooms $548,056
4 bedrooms $780,142
5 bedrooms $1,580,098
Merritt Island Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 409 376 373 376 390
Average Price $807,356 $792,359 $768,289 $719,938 $717,208
Avg Price Change +1.89% +3.13% +6.72% +0.38% -2.70%
Median Price $533,723 $553,042 $540,160 $515,474 $516,792
Med Price Change -3.62% +2.38% +4.79% -0.26% -1.47%
Avg Bedrooms 2.79 beds 2.78 beds 2.75 beds 2.74 beds 2.72 beds
Avg Bathrooms 2.19 baths 2.16 baths 2.12 baths 2.1 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 409 $677,426 93 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 455 $768,970 103 days
Distressed Homes 4 $830,950 83 days
Multi-Million Dollar Homes 69 $2,399,939 136 days
Newly Built Homes 29 $1,246,161 148 days
Homes with a Pool 148 $962,425 75 days
Reduced Price Homes 33 $646,696 65 days

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