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Kelly Hamilton
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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

$674,920

AVERAGE PRICE OF 235 HOMES

$1,870,963

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$853,619

AVERAGE PRICE OF 17 NEWLY BUILT HOMES

$764,438

AVERAGE PRICE OF 134 HOMES WITH A POOL

$579,831

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $674,920
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $1,022,475
2 bedrooms $384,463
3 bedrooms $520,235
4 bedrooms $797,755
5 bedrooms $1,391,281
Merritt Island Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 239 233 242 251 235
Average Price $704,492 $712,466 $704,297 $727,766 $710,519
Avg Price Change -1.13% +1.16% -3.33% +2.43% -0.66%
Median Price $541,970 $536,953 $520,391 $523,582 $532,494
Med Price Change +0.93% +3.18% -0.61% -1.70% -4.42%
Avg Bedrooms 3.31 beds 3.23 beds 3.21 beds 3.29 beds 3.29 beds
Avg Bathrooms 2.29 baths 2.28 baths 2.29 baths 2.32 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 221 $626,381 75 days
Satellite 6 $2,655,667 204 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 235 $674,920 79 days
Multi-Million Dollar Homes 30 $1,870,963 115 days
Newly Built Homes 17 $853,619 242 days
Homes with a Pool 134 $764,438 86 days
Reduced Price Homes 22 $579,831 56 days

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