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Text (352) 352-5665Merritt Island, FL · Houses & Market Data
Merritt Island, Florida houses and real estate market data.
Houses in Merritt Island, FL (Brevard County) — Census median home value $379,700, county listing prices down about 2.2% over the past year. Market data for Merritt Island houses and the broader area.
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Merritt Island, FL is in Brevard County, Florida — this guide covers houses in Merritt Island and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 34,718, with a median household income of $91,020. Census data puts Merritt Island houses at a median value of $379,700 (all owner-occupied homes); Brevard County's current median listing price runs $375,000, down about 2.2% over the past year.
Info from government sites and builders may have provided source info.
Market overview
Merritt Island housing market
Merritt Island is in Brevard County, Florida. Manifest Census and county price-trend data provide baseline context for houses in Merritt Island and the surrounding county market.
Median home value (Census ACS)
$379,700
Population (Census ACS)
34,718
Median household income
$91,020
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County-level FHFA price trend was not available in the manifest row.
At a glance
Merritt Island market snapshot
Population
34,718
County
Brevard County
Median Household Income
$91,020
Median Home Value (city)
$379,700
Median Listing Price (Brevard County)
$375,000
Median Gross Rent
$1,348/mo
Price Trend (YoY)
-2.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Merritt Island different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Merritt Island's median home value — across all owner-occupied homes, not just recent sales — at $379,700. Separately, Brevard County's current median listing price (via Realtor.com data, 2026-06-01) runs $375,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Brevard County's FHFA house price index shows a -0.76% annual change in 2025.
Population & Income
Merritt Island has an estimated population of 34,718 and a median household income of $91,020, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Merritt Island's Census-reported median home value works out to about 4.2x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Merritt Island
County guide: Brevard County — cities, market context, and local resources for the county that includes Merritt Island.
USAHouses.com also helps visitors looking in nearby Brevard County and other Florida communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Cocoa Beach, Rockledge, Viera East, Tropical Park, Viera West, Patrick AFB, Cocoa West, Cocoa, Cape Canaveral, Palm Shores, South Patrick Shores, Satellite Beach, Sharpes, North Merritt Island, Indian Harbour Beach, West Canaveral Groves.
Cocoa Beach market data
Nearby city · ~3.2 mi
Rockledge market data
Nearby city · ~3.9 mi
Viera East market data
Nearby city · ~4.0 mi
Tropical Park market data
Nearby city · ~5.3 mi
Viera West market data
Nearby city · ~5.9 mi
Patrick AFB market data
Nearby city · ~6.7 mi
Cocoa West market data
Nearby city · ~6.7 mi
Cocoa market data
Nearby city · ~7.1 mi
Cape Canaveral market data
Nearby city · ~7.2 mi
Palm Shores market data
Nearby city · ~8.2 mi
South Patrick Shores market data
Nearby city · ~8.2 mi
Satellite Beach market data
Nearby city · ~10.2 mi
Sharpes market data
Nearby city · ~10.6 mi
North Merritt Island market data
Nearby city · ~10.7 mi
Indian Harbour Beach market data
Nearby city · ~11.5 mi
West Canaveral Groves market data
Nearby city · ~12.0 mi
More Florida cities with market guides: St. Petersburg, Hialeah, Fort Lauderdale, Pembroke Pines, Hollywood, Gainesville, Miramar, Coral Springs.
St. Petersburg market data
Same-state city guide
Hialeah market data
Same-state city guide
Fort Lauderdale market data
Same-state city guide
Pembroke Pines market data
Same-state city guide
Hollywood market data
Same-state city guide
Gainesville market data
Same-state city guide
Miramar market data
Same-state city guide
Coral Springs market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Christmas (~25.6 mi), Wedgefield (~27.5 mi), Lake Mary Jane (~30.4 mi), Bithlo (~31.5 mi), Lake Hart (~34.2 mi), Alafaya (~34.5 mi), Roseland (~34.7 mi), Chuluota (~35.3 mi), Orlando (~35.9 mi), University (~37.3 mi), St. Cloud (~37.3 mi), Rio Pinar (~38.4 mi), Sebastian (~38.5 mi), Union Park (~38.5 mi), Oviedo (~39.5 mi), Windsor (~39.5 mi).
New construction: New homes near Merritt Island (Apopka) · New homes near Merritt Island (Belleview) · Florida new construction.
Census & home facts
Merritt Island data from published sources
Population (ACS 2023)
34,718
Median home value (ACS 2023)
$379,700
Median household income (ACS 2023)
$91,020
Median gross rent (ACS 2023)
$1,348
County FHFA annual change (2025)
-0.76%
County median listing price (FRED/Realtor.com) (2026-06-01)
$375,000
Census place type
CDP
County
Brevard County
Land area (Census Gazetteer 2024)
16.97 sq mi
Census GEOID
1244275
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Merritt Island
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Catamaran Cove ↗
Ashton Woods · Rockledge, Florida · ~3.9 mi
The Reserve At Turtle Creek ↗
Holiday Builders · Rockledge, Florida · ~3.9 mi
New Homes in Cocoa ↗
Lennar · Cocoa, Florida · ~4.9 mi · from $262,990
Cozie Homes Inc ↗
Champion Homes · Merritt Island, Florida · ~5.7 mi
Banyan Point ↗
D.R. Horton · Merritt Island, Florida · ~5.7 mi · from $259,990
Local life
Life in Merritt Island
Schools
BREVARD — 111 schools, 74,125 students enrolled, per the U.S. Department of Education's Common Core of Data. Brevard addresses may be served by BREVARD, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
Merritt Island FAQ
What are houses worth in Merritt Island, FL?
The Census Bureau's American Community Survey puts the median value of houses in Merritt Island at $379,700. Brevard County's current median listing price runs $375,000, down about 2.2% over the past year.
How much do houses cost in Merritt Island, FL?
For owner-occupied houses in Merritt Island, Census ACS data shows a median value of $379,700. Active listing prices in Brevard County may differ — see the market snapshot above.
What types of houses are in Merritt Island, FL?
Merritt Island houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Brevard County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Merritt Island, FL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Merritt Island's population at approximately 34,718.
What's the median rent in Merritt Island, FL?
The Census ACS estimates median gross rent in Merritt Island at approximately $1,348 per month.
What is the median household income in Merritt Island, FL?
Census ACS data puts the median household income in Merritt Island at approximately $91,020.
Is the Merritt Island housing market growing?
Brevard County's FHFA house price index shows a -0.76% annual change in 2025.
Is Merritt Island, FL affordable relative to income?
Census ACS data puts Merritt Island's median home value at about 4.2 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
What school district serves Merritt Island, FL?
Manifest and public school-directory data suggest BREVARD for many Merritt Island addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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Look up homes in Merritt Island
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