If you need assistance, please call 321-613-5922

Joe Hamilton
321-863-4055

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

$794,601

AVERAGE PRICE OF 402 HOMES

$247,114

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,432,330

AVERAGE PRICE OF 70 MULTI-MILLION DOLLAR HOMES

$1,528,150

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$1,028,621

AVERAGE PRICE OF 131 HOMES WITH A POOL

$923,992

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $794,601
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $475,242
2 bedrooms $275,745
3 bedrooms $489,114
4 bedrooms $760,228
5 bedrooms $2,239,074
Merritt Island Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 413 401 415 436 440
Average Price $781,121 $758,340 $753,009 $754,009 $766,929
Avg Price Change +3.00% +0.71% -0.13% -1.71% -0.69%
Median Price $512,507 $537,811 $518,640 $525,366 $516,571
Med Price Change -4.94% +3.70% -1.30% +1.70% +1.42%
Avg Bedrooms 2.69 beds 2.74 beds 2.79 beds 2.85 beds 2.88 beds
Avg Bathrooms 2.11 baths 2.16 baths 2.16 baths 2.17 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 366 $645,669 124 days
Total Homes Average Price Avg Days on Site
All Homes 402 $794,601 139 days
Distressed Homes 7 $247,114 83 days
Multi-Million Dollar Homes 70 $2,432,330 194 days
Newly Built Homes 16 $1,528,150 304 days
Homes with a Pool 131 $1,028,621 93 days
Reduced Price Homes 14 $923,992 70 days
Florida Lifestyle Realty LLC
Jackie Griffin
6500 N. Atlantic Ave. Suite C
Cape Canaveral, FL 32920
321-613-5922

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