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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

$487,327

AVERAGE PRICE OF 316 HOMES

$371,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,951,056

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$503,081

AVERAGE PRICE OF 64 NEWLY BUILT HOMES

$565,100

AVERAGE PRICE OF 165 HOMES WITH A POOL

$659,641

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $487,327
Avg Bedrooms 2.71 beds
Avg Bathrooms 1.68 baths

Average Price by Bedrooms

1 bedroom $135,800
2 bedrooms $224,724
3 bedrooms $388,569
4 bedrooms $528,644
5 bedrooms $815,426
Merritt Island Home Price Trends
  11/2020 10/2020 9/2020 8/2020 7/2020
Total Listings 321 271 211 228 227
Average Price $479,335 $504,874 $524,881 $518,527 $530,906
Avg Price Change -5.33% -3.96% +1.23% -2.39% -8.00%
Median Price $384,900 $394,218 $398,622 $385,540 $387,335
Med Price Change -2.42% -1.12% +3.39% -0.47% -1.91%
Avg Bedrooms 3.41 beds 4.21 beds 4.2 beds 3.38 beds 3.44 beds
Avg Bathrooms 2.35 baths 3.7 baths 3.7 baths 2.39 baths 2.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 294 $456,058 91 days
Satellite 7 $1,242,114 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 316 $487,327 46 days
Distressed Homes 3 $371,000 127 days
Multi-Million Dollar Homes 16 $1,951,056 98 days
Newly Built Homes 64 $503,081 157 days
Homes with a Pool 165 $565,100 87 days
Reduced Price Homes 6 $659,641 53 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. December 3, 2020
Copyright 12/3/2020 4:50 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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