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Melissa Vickers
310-895-1070

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

$691,079

AVERAGE PRICE OF 300 HOMES

$181,450

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,287,689

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$1,650,464

AVERAGE PRICE OF 17 NEWLY BUILT HOMES

$1,082,496

AVERAGE PRICE OF 117 HOMES WITH A POOL

Average Home

Average Price $691,079
Avg Bedrooms 3.38 beds
Avg Bathrooms 2.53 baths

Average Price by Bedrooms

1 bedroom $133,499
2 bedrooms $256,307
3 bedrooms $486,861
4 bedrooms $743,345
5 bedrooms $1,982,213
Merritt Island Home Price Trends
  6/2026 5/2026 4/2026 3/2026 2/2026
Total Listings n/a n/a n/a 398 413
Average Price n/a n/a n/a $792,575 $781,121
Avg Price Change n/a n/a n/a +1.47% +3.00%
Median Price n/a n/a n/a $497,173 $512,507
Med Price Change n/a n/a n/a -3.08% -4.94%
Avg Bedrooms n/a n/a n/a 2.68 beds 2.69 beds
Avg Bathrooms n/a n/a n/a 2.12 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 291 $609,022 84 days
Satellite 7 $3,827,714 196 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 300 $691,079 87 days
Distressed Homes 4 $181,450 129 days
Multi-Million Dollar Homes 38 $2,287,689 128 days
Newly Built Homes 17 $1,650,464 65 days
Homes with a Pool 117 $1,082,496 92 days

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