The median home value in Merritt Island, FL is $476,000. This is higher than the county median home value of $202,800. The national median home value is $219,700. The average price of homes sold in Merritt Island, FL is $476,000. Approximately 63.95% of Merritt Island homes are owned, compared to 22.35% rented, while 13.7% are vacant. Merritt Island real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Merritt Island real estate agent to arrange a tour today!
Merritt Island, Florida has a population of 36,380. Merritt Island is less family-centric than the surrounding county with 21.95% of the households containing married families with children. The county average for households married with children is 23.28%.
The median household income in Merritt Island, Florida is $56,344. The median household income for the surrounding county is $51,536 compared to the national median of $57,652. The median age of people living in Merritt Island is 49.6 years.
The average high temperature in July is 91.2 degrees, with an average low temperature in January of 49.6 degrees. The average rainfall is approximately 52.9 inches per year, with 0 inches of snow per year.