What is the median home value in North Merritt Island, FL?

The median value of owner-occupied homes in North Merritt Island, FL is $525,400 (±$37,858), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on .

Median home value
$525,400 (±$37,858)
Owner-occupied homes
3,050 (±308)
Most common range
$500,000 to $999,999

Home values in North Merritt Island

Owner-occupied homes by value, 2020–2024
ValueNorth Merritt IslandBrevard CountyFloridaUnited States
Less than $50,0004.0% (±2.7 points)3.8%4.9%5.3%
$50,000 to $99,9993.0% (±2.1 points)2.7%4.3%6.1%
$100,000 to $149,9996.2% (±5.1 points)4.8%4.6%6.8%
$150,000 to $199,9995.6% (±3.9 points)7.3%6.8%9.0%
$200,000 to $299,9993.3% (±2.0 points)22.7%17.9%17.8%
$300,000 to $499,99923.4% (±6.1 points)36.9%34.5%26.9%
$500,000 to $999,99952.0% (±7.1 points)18.6%21.1%20.9%
$1,000,000 or more2.4% (±1.8 points)3.2%5.9%7.1%

The most common range is $500,000 to $999,999, 52.0% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

North Merritt Island against Brevard County, its state and the nation

Estimate (90% margin of error)
North Merritt IslandBrevard CountyFloridaUnited States
Median home value$525,400 (±$37,858)$339,600 (±$3,715)$359,000 (±$930)$332,700
Owner-occupied homes3,050 (±308)197,609 (±2,066)5,918,647 (±31,594)84,210,142

In North Merritt Island, the median home value is higher than in Brevard County ($339,600).

It is also higher than in Florida ($359,000).

It is higher than the national figure ($332,700).

In Brevard County, North Merritt Island ranks 5 of 28 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 148 of 838.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median home value in places near North Merritt Island

Nearest places with a published estimate, compared with North Merritt Island
PlaceDistanceMedian home valueCompared with this place
North Merritt Island—$525,400 (±$37,858)—
Sharpes3.2 mi$295,800 (±$57,894)Lower
Tropical Park5.6 mi$307,100 (±$53,698)Lower
Port St. John6.0 mi$281,300 (±$9,953)Lower
Cocoa6.6 mi$246,100 (±$18,840)Lower
Cocoa West7.9 mi$158,700 (±$51,330)Lower
Cape Canaveral8.1 mi$372,400 (±$24,718)Lower
Rockledge9.8 mi$338,100 (±$9,116)Lower
Titusville10 mi$266,600 (±$14,751)Lower

Nearby places with a measurably lower figure: Sharpes, FL ($295,800), Tropical Park, FL ($307,100), Port St. John, FL ($281,300).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Brevard County, place by place

RankPlaceMedian home value
1Melbourne Beach$708,400 (±$65,535)
2Indialantic$604,200 (±$38,973)
3Grant-Valkaria$550,400 (±$84,833)
4Viera West$546,600 (±$34,586)
5North Merritt Island$525,400 (±$37,858)
6Cocoa Beach$503,200 (±$41,186)
7Satellite Beach$502,500 (±$34,515)
8Malabar$451,100 (±$22,318)
9South Patrick Shores$443,600 (±$25,527)
10Indian Harbour Beach$440,200 (±$32,928)
11June Park$411,200 (±$28,756)

Showing 11 of 28 places in Brevard County, ranked from highest to lowest.

North Merritt Island is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about North Merritt Island

What is the average home value in North Merritt Island, FL?

The Census Bureau publishes the median: $525,400 (±$37,858) for owner-occupied homes in North Merritt Island (2020–2024 American Community Survey).

Is this what homes in North Merritt Island sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for North Merritt Island CDP, Florida (place:49435, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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