Merritt Island Real Estate Market Overview

Could Merritt Island, FL be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Merritt Island. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Merritt Is...land such as Rockledge and Cocoa. When you’re ready, Trulia has 275 resale and new homes in Merritt Island lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$284,250

Median Sales Price

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$151

Price Per Sqft

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$1,525

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Merritt Island show a 18% year-over-year rise in median sales price and a -2% drop in median rent per month.

Median Sales Price
The median sales price for homes in Merritt Island for May 24 to Aug 23 was $284,250 based on 172 home sales.
Price Per Square Ft.
Average price per square foot for Merritt Island was $151, an increase of 14% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Merritt Island for Jul 24 to Aug 24 was $1,525.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around Merritt Island can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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4

Counts of Theft

2

Counts of Shooting

2

Counts of Arrest


Best Schools in Merritt Island

There are 36 schools in Merritt Island.

Elementary Schools
10

Tropical Elementary School

Public, PK-6

10

Robert L. Stevenson Elementary School

Public, K-6

9

Ocean Breeze Elementary School

Public, PK-6

Middle Schools
10

Edgewood Jr/Sr High School

Public, 7-12

8

Thomas Jefferson Middle School

Public, 7-8

8

Delaura Middle School

Public, 7-8

High Schools
10

Edgewood Jr/Sr High School

Public, 7-12

9

Viera High School

Public, PK, 9-12

9

Satellite Senior High School

Public, PK, 9-12


Demographics

Get to know your neighbors in Merritt Island by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
35%
Single residents
Home owners
85%
Home owners
Median age
47
Median age
Household income
$53,743
Median household income
College educated
39%
College educated

Commute

Most people in Merritt Island commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
98% commute by car
0% commute by bike
0% commute by public transportation
0% commute by foot

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