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Florida real estate · Brevard County

Merritt Island, Florida Real Estate

Homes, values and local insight for Merritt Island, Brevard County, Florida. Typical home value $431,000.

Reviewed and updated October 3, 2026 by Ryan and Megan Winslow, Winslow Homes

Ryan and Megan Winslow Broker Owners3,000+ homes soldSince 2009 REALTOR®4 states broker in FL, MA, CT, RIU.S. Army RetiredBest of Central MA winners
$431,000Typical home value
+0.5%Home values, past year
34,718Residents (2024)
$91,020Median household income
Homes for sale

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Life in Merritt Island, FL

Merritt Island sits between the Indian River and the Banana River, directly south of Kennedy Space Center and the Merritt Island National Wildlife Refuge. Locals know it for boating, canal-front homes, rocket launches overhead and its Indian River citrus past.

Spanish explorer Alvaro Mexia visited the Ais people here in 1605 and drew the island on his map. From the mid-1800s the island grew around Indian River oranges and pineapples, then boomed in the 1950s and 1960s as NASA expanded next door. The wildlife refuge was established in 1963, and sculptor Louis VanDercar built Annie the dragon at Dragon Point in 1971; she collapsed into the lagoon in August 2002. An unincorporated, water-focused community of space industry workers, boaters, families and retirees. Days revolve around the rivers, the causeways and launch viewing from the backyard.

Merritt Island neighborhoods

North Merritt Island

The most rural part of the island, closest to Kennedy Space Center. Single-family homes on larger lots and a short commute to Kennedy, Blue Origin and SpaceX. ( source )

Central Merritt Island

The busy core between SR 528 and SR 520, near the mall, stores and restaurants. A mix of single-family homes and some condos, next to the 600-acre Ulumay Wildlife Sanctuary. ( source )

North Banana River Drive

Mostly residential east side near Kelly Park and Marker 24 Marina. Single-family homes with waterfront options and boat access to the Banana River. ( source )

Newfound Harbor Drive

A quieter, tucked-away stretch with mature trees. Waterfront single-family homes, many with direct canal access. ( source )

South Merritt Island

From SR 520 down to Dragon Point. Housing ranges from older homes to new construction and large waterfront estates at the southern tip, with a quick route to Melbourne via the Pineda Causeway. ( source )

Diana Shores

Canal-front homes with boating access. ( source )

Island Lakes

A newer development community on the island. ( source )

Where locals eat in Merritt Island

Cuban · 170 N Grove St

Hola! Cuban Kitchen

Classic Cuban dishes and handcrafted cocktails in a 1930s house turned restaurant. ( source )

Breakfast and lunch · Courtenay Pkwy

My Island Pancake House

Pancake house with a garden fresh salad bar, a local breakfast favorite. ( source )

Seafood and American · S Banana River Dr at Marker 24 Marina

Marker 24 Riverfront Grille

Fresh fish, flatbreads and a full bar on the Banana River, with floating docks for boaters. ( source )

Asian and Latin fusion · N Sykes Creek Pkwy

Nitro Kitchen & Cocktails

Fusion menu and wings; the restaurant touts Best New Restaurant and Best Wings wins. ( source )

Sushi and Thai · 300 N Courtenay Pkwy

Pacific Rim

Over 60 sushi rolls plus Japanese and Thai cooked dishes made from scratch. ( source )

Vietnamese, Thai and sushi · 455 N Courtenay Pkwy

Wabi Sabi

Pho, vermicelli bowls, Com Dac Biet rice platters and sushi rolls. ( source )

Diner · 3712 N Courtenay Pkwy

Causeway Diner

Long Island style diner with American, Greek and Italian dishes and breakfast served all day. ( source )

Italian · 217 Crockett Blvd

Alfredo's Paradiso

Family-run by Alfredo and Linda, serving regional Italian cuisine on Merritt Island since 2004. ( source )

Coffee, drinks and hangouts

The Island Waterfront Bar & Grill

Covered riverside deck on the Banana River with views toward Cocoa Beach and live entertainment. ( source )

Jack and Harry's

Laid-back neighborhood restaurant and bar on N Courtenay Pkwy with burgers, wings, tacos and happy hour. ( source )

Merritt Island Veterans Amphitheater

Outdoor stage at 555 Fortenberry Rd that hosts concerts and Merritt Island Fest. ( source )

Calypso Kayaking

Guided kayak, paddleboard, manatee and bioluminescent night tours around Merritt Island. ( source )

CMX Merritt Square 16 IMAX

Multiplex cinema with IMAX inside Merritt Square Mall. ( source )

Shopping in Merritt Island

Merritt Square Mall

The island's enclosed mall at 777 E Merritt Island Cswy with Dillard's, Macy's, JCPenney, specialty stores and restaurants. ( source )

Marker 24 Market

Marina shop on S Banana River Dr stocking bait, tackle, cast nets, apparel, sunscreen and drinks for a day on the water. ( source )

Historic Cocoa Village (Cocoa)

Walkable historic district across the causeway with shops, dining and year-round art and craft fairs. ( source )

Ron Jon Surf Shop (Cocoa Beach)

The 52,000 square foot flagship surf shop on N Atlantic Ave with surfboards, swimwear and beach gear. ( source )

Parks, beaches and nature

north Merritt Island

Merritt Island National Wildlife Refuge

140,000 acres of marsh, scrub, flatwoods and hammock sharing land with Kennedy Space Center, home to more than 1,500 plant and animal species. ( source )

in town

Ulumay Wildlife Sanctuary

600-acre county conservation area with marked trails, an observation deck, kayaking and bird watching. ( source )

in town

Kelly Park East

63-acre free park on the Banana River with a boat ramp and strong winter birding. ( source )

in town

Kelly Park West

County park with tennis and basketball courts, playground, dock and lake fishing. ( source )

in town

Mitchell Ellington Park

County sports complex with soccer fields on W Hall Rd in north Merritt Island. ( source )

about 30 miles (Playalinda Beach)

Canaveral National Seashore

National Park Service barrier island with Playalinda and Apollo beaches, dunes, Mosquito Lagoon and Timucua shell mounds. ( source )

about 45 miles

Sebastian Inlet State Park (Melbourne Beach)

Nearest state park with surfing, jetty fishing, camping and the McLarty Treasure Museum. ( source )

Attractions and landmarks

Kennedy Space Center Visitor Complex

Space Shuttle Atlantis, the Apollo/Saturn V Center, bus tours behind NASA gates and launch viewing, with a Merritt Island address. ( source )

Black Point Wildlife Drive

7-mile, one-way drive in the refuge past wading birds, alligators and otters; best from October to March. ( source )

Merritt Island National Wildlife Refuge Visitor Center

Exhibits, films, a bookstore and a short boardwalk trail, open Tuesday through Saturday. ( source )

Brevard Veterans Memorial Center

Free military museum, library and memorial plaza on Sykes Creek with a lighted riverfront boardwalk and fishing pier. ( source )

Brevard Zoo (Melbourne)

AZA-accredited open-air zoo with over 900 animals, feedings and adventure courses. ( source )

Annual events

January

Space Coast Birding & Wildlife Festival (Cape Canaveral)

Guided field trips into the refuge and seashore, expert talks and an expo; next set for January 20-24, 2027. ( source )

June

Merritt Island Fest

Family festival at the Veterans Amphitheater with live concerts, local food vendors, crafts and a surf expo. ( source )

October

Halloween Golf Cart Parade (Cocoa)

Costumed golf cart parade in Historic Cocoa Village. ( source )

December

Merritt Island Christmas Boat Parade

Lighted boats line up near the Ulumay Bridge on Sykes Creek; locals kept it going grassroots style in 2025. ( source )

Brevard Public Schools

Elementary

Audubon Elementary School, Carroll Elementary, MILA Elementary School, Stevenson School of the Arts, Tropical Elementary School

Middle

Jefferson Middle School

High

Edgewood Junior/Senior High, Merritt Island High School

Listed for reference, not ranked. Confirm school zoning for any address with the district. ( source )

Buying in Merritt Island: what Ryan and Megan check

  • Flood risk is high on this waterfront peninsula; check the flood zone and price flood insurance through NFIP before you offer.
  • Canal homes vary on boat access: some lower bridges block larger boats with T-tops or towers from reaching open water.
  • Merritt Island is unincorporated, so Brevard County handles zoning and permits; confirm sewer versus septic, since the county lift station near the Pineda Causeway overloaded after Hurricane Irma in 2017.
Roads

SR 520 (Merritt Island Causeway), SR 528 (Beachline), SR 3 (Courtenay Pkwy) to Kennedy Space Center, SR 404 (Pineda Causeway) and Mathers Bridge at the south end

Airports

Melbourne Orlando International (MLB) about 30 miles; Orlando International (MCO) and Orlando Sanford (SFB) within a 90-minute drive; Merritt Island Airport (COI) for private and charter flights

Cocoa Beach: about 9 miles Melbourne Orlando International Airport: about 30 miles Orlando International Airport: under 90 minutes

Talk to Ryan and Megan about Merritt Island

Ryan and Megan Winslow, broker owners of Winslow Homes. REALTOR® since 2009, 3,000+ homes sold, broker in FL, MA, CT and RI, U.S. Army Retired.

Call 386-690-5858 Email Ryan and Megan Get pre-approved

Researched and verified 2026-09-28. Businesses change; call ahead.

Market data

Merritt Island by the numbers

The typical home in Merritt Island is worth $431,000, 26% above the Brevard County typical value of $342,000 and 15% above the Florida typical value of $375,000.

Typical home value

$431,000

Zillow Home Value Index for Merritt Island, August 2026. The middle of the market for single family homes and condos.

5 year change

+18.2%

Home values in Merritt Island moved +18.2% over five years and +80.9% over ten.

Median rent

$1,348/mo

Median gross rent in Merritt Island. Useful for investors running rental numbers.

Homeownership

81%

Share of occupied homes in Merritt Island lived in by the owner.

Median year built

1973

Older homes often need inspection focus on roof, systems and windows.

Household income

$91,020

Median household income in Merritt Island.

Mortgage planning for a home in Merritt Island
Financing

Buying in Merritt Island with the right loan

Ryan and Megan are mortgage bankers with The Federal Savings Bank, lending in all 50 states. You get the home and the loan from one team. On a typical Merritt Island home of $431,000:

  • FHA, 3.5% down: $15,071 down, loan of $416,000
  • Conventional, 5% down: $21,530 down, loan of $409,000
  • Conventional, 20% down: $86,122 down, loan of $344,000
  • VA, 0% down for eligible veterans, loan of $431,000
Selling

What is your Merritt Island home worth?

Ryan and Megan price Merritt Island homes from recent sales, not guesses. Send your address and you get a free market analysis, with no obligation.

Home for sale in Merritt Island
Nearby

Towns near Merritt Island

Brevard County

More in Brevard County

See the full Brevard County real estate guide or the Florida real estate guide.

FAQ

Common questions

What is the typical home value in Merritt Island, FL?

The Zillow Home Value Index for Merritt Island was $431,000 in August 2026, +0.5% over the past year.

What county is Merritt Island in?

Merritt Island is in Brevard County, Florida.

How many people live in Merritt Island?

About 34,718 people as of the 2024 Census Bureau estimate.

Who are the best real estate agents in Merritt Island?

Ryan and Megan Winslow of Winslow Homes have sold over 3,000 homes since 2009 and are licensed in Florida, Massachusetts, Connecticut and Rhode Island. Call or text 386-690-5858.

How do I get pre-approved to buy in Merritt Island?

Apply at www.winslowloan.com. Ryan and Megan are mortgage bankers with The Federal Savings Bank and lend in all 50 states, including FHA, VA and conventional loans.

Do most people in Merritt Island own or rent?

81% of occupied homes in Merritt Island are owner occupied, based on the 2019 to 2023 American Community Survey.

Talk to Ryan and Megan

Ready to move in Merritt Island?

17 years, over 3,000 homes sold, and one team for the home and the loan. Call or text 386-690-5858.

Sources: U.S. Census Bureau 2024 population estimates and 2019 to 2023 American Community Survey; Zillow Home Value Index, August 2026. Numbers update as new data is released. Talk to Ryan and Megan for current sold prices on your street.

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Coming soon in Merritt Island, FL

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Merritt Island home values by ZIP code

The typical home in Merritt Island is worth $439,400 as of August 2026, across 2 ZIP codes ranging from $422,744 in 32953 to $439,400 in 32952. Values moved +1.1% over the last 12 months at the middle ZIP code.

ZIPTypical value12 months5 yearsMedian sale, Mar to May 2026Days on market
32952$439,400+1.1%+18.6%$429,00086
32953$422,744+0.1%+17.6%

Sources: Zillow Home Value Index through August 2026 and the Redfin Data Center ZIP code tracker, March to May 2026. Ask Ryan and Megan for a value for your own home.