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Karen Grey Seeley
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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

$731,610

AVERAGE PRICE OF 400 HOMES

$1,214,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,422,950

AVERAGE PRICE OF 52 MULTI-MILLION DOLLAR HOMES

$768,394

AVERAGE PRICE OF 29 NEWLY BUILT HOMES

$757,572

AVERAGE PRICE OF 179 HOMES WITH A POOL

$529,633

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $731,610
Avg Bedrooms 2.73 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $500,985
2 bedrooms $303,146
3 bedrooms $527,414
4 bedrooms $745,758
5 bedrooms $1,234,360
Merritt Island Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 383 385 415 433 431
Average Price $743,705 $766,023 $768,079 $781,705 $799,004
Avg Price Change -3.00% -0.27% -1.77% -2.21% -1.54%
Median Price $520,316 $531,673 $545,667 $541,789 $538,242
Med Price Change -2.18% -2.63% +0.72% +0.66% -1.86%
Avg Bedrooms 2.69 beds 2.68 beds 2.65 beds 2.68 beds 2.7 beds
Avg Bathrooms 2.07 baths 2.11 baths 2.1 baths 2.1 baths 2.06 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 357 $599,896 89 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 400 $731,610 97 days
Distressed Homes 2 $1,214,950 13 days
Multi-Million Dollar Homes 52 $2,422,950 141 days
Newly Built Homes 29 $768,394 106 days
Homes with a Pool 179 $757,572 84 days
Reduced Price Homes 24 $529,633 63 days

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