Merritt Island Real Estate - Find Your Perfect Home For Sale!

Merritt Island - Town vs. County Stats

Merritt Island - Town vs. County Stats

Avg Price in Merritt Island: $523,700/Co. / County Avg $378,000


Avg Taxes in Merritt Island: $3,700/Co. / County. Avg $2,800


Avg Sq. Ft. in Merritt Island: 2,470/Co. / County Avg 2,051


Avg Price per/ft2 in Merritt Island: $212/Co. / County Avg $184


Avg Walkscore in Merritt Island: 23 / County Avg 23


Avg Year Built in Merritt Island: 1985/Co. / County Avg 1989


Avg Days on Website in Merritt Island: 118/Co. / County Avg 91


Merritt Island Real Estate Market Health

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Merritt Island in Brevard County, Florida is a gorgeous place that attracts people with its natural beauty and thrilling wildlife. The place located between the Banana River and the Indian River is well known for its pine forests, national parks and coastal dunes. Because of its proximity to the renowned Kennedy Space Center, Merritt Island has played a major role in increasing the place's popularity. Apart from that, you have access to many movie theaters, museums, golf courses and libraries all within a 15-mile radius. Settling down in Merritt Island would be a good idea for people who love to watch birds too. It is believed that there are more than 300 species of birds in the Merritt Island preserve.

Buying a home in Merritt Island would prove advantageous because there are many communities suitable to all walks of life. It also has some good universities and schools. Before settling on any house, talk it over with a reliable real estate agent and ask him to compare prices on similar houses that were recently sold in your area of choice. Choose the area you want to settle down in carefully, check out the neighborhood yourself and see firsthand if the place agrees with you.

Here are some important factors that you need to checkout before you seek a house in Merritt Island. You have the choice of buying condos, waterfront single family homes, townhouses and foreclosure homes easily in Merritt Island. The age of the house is important. To know the true value of a house you have to compare it with other houses built during the same year. They will usually be made of similar raw materials with more or less the same amenities. The location of the house is equally important. Once your choice is made, you will be reminded of it forever, so do proper research on whether the neighborhood suits you and agrees with all your demands.
The types of amenities and the number of rooms you need is a crucial aspect in deciding the price of house. If you want a pool or lakeside view, it would be possible in a place like Merritt Island. The price of a 3-bedroom home there can cost more than $160,000 depending on the amenities you choose.

Some of the popular neighborhoods in Merritt Island are Garden Park, Floral Park, Bella Vita, Bel Aire, Orange Blossom Heights, Garden Park, Island Crossings, Harbor Point, Morningside Heights, Hampton Homes, Floral Park, Villa De Palmas, Island Pointe, Orange Grove Manor and Holiday Cove.

The median home price has decreased by about 2.6% when compared to the situation last year. The average price of one square foot of land in Merritt Island was $99, the price having come down since last year. Merritt Island was earlier rated as one of the 10 best places to live according to CNN money