Merritt Island Housing Information - Census

IndexMerritt IslandFloridaNational
Median home price$172,500$156,200$175,700
Median rent asked$902$998$920
Avg. people per household2.52.62.6
Owner occupied households75.6%66.1%64.4%
Renter occupied households24.4%33.9%35.6%

Merritt Island Housing Information - Zillow

IndexMerritt IslandFloridaNational
Zillow home value index$253,000$205,100$196,500
Year over year appreciation rate8.12%10.09%6.79%
5 year average appreciation rate10.67%10.06%5.28%
10 year average appreciation rate-0.45%-1.68%0.01%

Did you know?

  • The median home price in Merritt Island is 2% lower than the national average.
  • The median rent asked in Merritt Island is 2% lower than the national average.
  • The average number of people per household in Merritt Island is 5% lower than the national average.
  • The number of owner occupied households in Merritt Island is 17% higher than the national average.
  • The number of renter occupied households in Merritt Island is 31% lower than the national average.

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Compare Merritt Island, FL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Patrick AFB, FL1,233$0100%
Sharpes, FL3,059$54,10069%
Cocoa West, FL4,802$66,90062%
Cocoa, FL17,261$93,80047%
Port St. John, FL11,444$100,20043%
Merritt Island, FL35,063$172,5002%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
East Point, GA35,070$94,30046%
Winter Haven, FL35,070$100,30043%
West Hollywood, CA35,053$595,200239%
Schertz, TX35,093$168,3004%
Moorpark, CA35,033$532,000203%
Merritt Island, FL35,063$172,5002%
Source: The Merritt Island, FL housing data displayed above is derived from the United States Census Bureau and Zillow data.