Merritt Island, FL, Real Estate
Merritt Island, Florida, is a vibrant coastal community in Brevard County, nestled between the Atlantic Ocean and the Indian River Lagoon. Known for its unique position as a barrier island, it’s home to the Kennedy Space Center Visitor Complex, where space exploration history captivates tourists and locals alike. The area boasts rich biodiversity, with the Merritt Island National Wildlife Refuge offering opportunities to spot manatees, alligators, and migratory birds. Its proximity to Cocoa Beach and Cape Canaveral makes it a hub for beachgoers and rocket launch enthusiasts. With a blend of suburban neighborhoods, waterfront views, and a laid-back vibe, Merritt Island is a gem for those seeking natural beauty and a connection to space exploration.
Merritt Island currently has 76 single family homes for sale with an average list price of $823,001.84, 2 townhouses for sale with an average list price of $469,000, 20 condos for sale with an average list price of $439,909.95, and 9 lots for sale with an average list price of $768,322. The average annual property tax for Merritt Island is $3,436.84.
Schools
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Schools
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Merritt Island, i.e. what's hot and what's not.
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Recent Sales
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Subdivisions/Buildings
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Armen Groves is a single-family home community in Merritt Island, Florida, built in 2024 by K. Hovnanian Homes. It currently has no homes for sale. The homes range in size from 2,379 ft2 to 2,842 ft2. The HOA fees range from $100 to $100 per month. The average annual property tax for Armen Groves is $353. It is located in Brevard County.
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Median Price: $571,466 |
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Carlton Groves is a single-family home community in Merritt Island, Florida, built between 1962 and 1966. It currently has 1 single family home for sale with a list price of $374,500. The homes range in size from 1,090 ft2 to 1,730 ft2. The average annual property tax for Carlton Groves is $2,247.50. It is located in Brevard County.
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Median Price: $335,950 |
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Citrus River Groves is a single-family home community in Merritt Island, Florida, built between 1986 and 1997. It currently has no homes for sale. The homes range in size from 1,860 ft2 to 2,803 ft2. The HOA fees range from $6 to $6 per month. The average annual property tax for Citrus River Groves is $2,132.59. It is located in Brevard County.
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Median Price: $472,750 |
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Colony Park is a subdivision in Merritt Island, Florida. It currently has no homes for sale. It is located in Brevard County.
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Island Crossings is a single-family home community in Merritt Island, Florida, built in 1996. It currently has no homes for sale. The homes range in size from 2,061 ft2 to 2,374 ft2. The HOA fees range from $29 to $33 per month. The average annual property tax for Island Crossings is $4,066.69. It is located in Brevard County.
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Median Price: $522,500 |
Show all 12 Subdivisions/Buildings
Subdivisions/Buildings
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Market Trends
Merritt Island home sales for the month of February rose in volume by 300% when compared to last year, while the median sale price rose by 38.4% from $480,000 to $664,495. House sales rose by 400%, while the median sale price rose by 32.6% from $512,500 to $679,500. Condo sales rose by 100%, while the median sale price rose by 90.8% from $160,000 to $305,250.
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126
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107
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112
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$460,000
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$470,250
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$505,000
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$430,000
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Median Sale Price for Merritt Island
Number of Sales for Merritt Island
Market Trends
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Real Estate News
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Merritt Island had new homes for sale with an in-ground swimming pool during the month of Sunday, March 1 to Saturday, March 7, including 2 single family homes for ...
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Merritt Island had 3 new homes for sale during the week of Friday, February 27 to Thursday, March 5, including including 1 single family home for sale with a list ...
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Merritt Island had 2 new construction homes during the week of Wednesday, February 25 to Tuesday, March 3, including 1 single family home for sale with a list price of ...
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Merritt Island had 4 sales during the week of Tuesday, February 24 to Monday, March 2, including including 4 single family homes for sale with an average list price of ...
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Merritt Island had only new homes for sale with an in-ground swimming pool during the month of Sunday, February 22 to Saturday, February 28, and it was a single ...
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Real Estate News
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