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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

$611,711

AVERAGE PRICE OF 262 HOMES

$282,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,069,599

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$642,661

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$737,907

AVERAGE PRICE OF 144 HOMES WITH A POOL

$1,314,000

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $611,711
Avg Bedrooms 3.66 beds
Avg Bathrooms 4.7 baths

Average Price by Bedrooms

1 bedroom $141,200
2 bedrooms $344,231
3 bedrooms $479,570
4 bedrooms $1,184,105
5 bedrooms $928,681
Merritt Island Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 280 282 262 262 253
Average Price $621,503 $592,875 $603,213 $593,392 $588,318
Avg Price Change +4.83% -1.74% +1.66% +0.86% +0.55%
Median Price $463,497 $446,118 $435,782 $426,242 $425,581
Med Price Change +3.90% +2.37% +2.24% +0.16% -2.04%
Avg Bedrooms 3.5 beds 3.29 beds 3.17 beds 3.29 beds 3.28 beds
Avg Bathrooms 3.86 baths 3.13 baths 2.34 baths 2.4 baths 2.41 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 240 $556,049 75 days
Satellite 8 $2,546,250 169 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 262 $611,711 88 days
Distressed Homes 2 $282,500 96 days
Multi-Million Dollar Homes 25 $2,069,599 107 days
Newly Built Homes 44 $642,661 154 days
Homes with a Pool 144 $737,907 96 days
Reduced Price Homes 5 $1,314,000 31 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. November 27, 2021
Copyright 11/27/2021 5:04 PM 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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