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Merritt Island

Why you'd want to live in Merritt Island

Beautiful city near the water, never more than 15 minutes from the beach!

Beach beach front island

Merritt Island Market Report

$546,892

AVERAGE PRICE OF 278 HOMES

$299,200

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,754,775

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$489,120

AVERAGE PRICE OF 30 NEWLY BUILT HOMES

$644,226

AVERAGE PRICE OF 172 HOMES WITH A POOL

$438,378

AVERAGE PRICE OF 112 REDUCED PRICE HOMES

Average Home

Average Price $546,892
Avg Bedrooms 3.61 beds
Avg Bathrooms 2.54 baths

Average Price by Bedrooms

1 bedroom $325,000
2 bedrooms $248,161
3 bedrooms $421,661
4 bedrooms $554,100
5 bedrooms $872,117
Merritt Island Home Price Trends
  4/2018 3/2018 2/2018 1/2018 12/2017
Total Listings 269 255 239 235 242
Average Price $522,008 $507,494 $497,266 $504,020 $537,572
Avg Price Change +2.86% +2.06% -1.36% -6.66% -7.67%
Median Price $380,000 $384,450 $372,641 $372,438 $369,912
Med Price Change -1.17% +3.17% +0.05% +0.68% -0.60%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.54 baths 2.54 baths 2.52 baths 2.57 baths 2.59 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Merritt Island 244 $481,530 43 days
Satellite 21 $1,392,652 44 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 278 $546,892 43 days
Distressed Homes 4 $299,200 30 days
Multi-Million Dollar Homes 28 $1,754,775 45 days
Newly Built Homes 30 $489,120 54 days
Homes with a Pool 172 $644,226 43 days
Reduced Price Homes 112 $438,378 52 days

School Data

Highly Rated Merritt Island Schools

8

AUDUBON ELEMENTARY SCHOOL
Middle School
Public

8

DELAURA MIDDLE SCHOOL
Middle School
Public

8

LEWIS CARROLL ELEMENTARY SCHOOL
Middle School
Public

9

OCEAN BREEZE ELEMENTARY SCHOOL
Middle School
Public

10

TROPICAL ELEMENTARY SCHOOL
Middle School
Public

9

SATELLITE SENIOR HIGH SCHOOL
High School
Public