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Jackie Griffin
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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

$700,608

AVERAGE PRICE OF 296 HOMES

$348,675

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,284,926

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$2,109,162

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$1,078,293

AVERAGE PRICE OF 118 HOMES WITH A POOL

Average Home

Average Price $700,608
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $133,499
2 bedrooms $254,094
3 bedrooms $498,321
4 bedrooms $748,793
5 bedrooms $1,938,497
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 286 $615,844 86 days
Satellite 8 $3,493,000 180 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 296 $700,608 89 days
Distressed Homes 4 $348,675 120 days
Multi-Million Dollar Homes 38 $2,284,926 138 days
Newly Built Homes 13 $2,109,162 89 days
Homes with a Pool 118 $1,078,293 94 days

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