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
| Value | North Merritt Island | Brevard County | Florida | United States |
|---|---|---|---|---|
| Less than $50,000 | 4.0% (±2.7 points) | 3.8% | 4.9% | 5.3% |
| $50,000 to $99,999 | 3.0% (±2.1 points) | 2.7% | 4.3% | 6.1% |
| $100,000 to $149,999 | 6.2% (±5.1 points) | 4.8% | 4.6% | 6.8% |
| $150,000 to $199,999 | 5.6% (±3.9 points) | 7.3% | 6.8% | 9.0% |
| $200,000 to $299,999 | 3.3% (±2.0 points) | 22.7% | 17.9% | 17.8% |
| $300,000 to $499,999 | 23.4% (±6.1 points) | 36.9% | 34.5% | 26.9% |
| $500,000 to $999,999 | 52.0% (±7.1 points) | 18.6% | 21.1% | 20.9% |
| $1,000,000 or more | 2.4% (±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
| North Merritt Island | Brevard County | Florida | United States | |
|---|---|---|---|---|
| Median home value | $525,400 (±$37,858) | $339,600 (±$3,715) | $359,000 (±$930) | $332,700 |
| Owner-occupied homes | 3,050 (±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
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| North Merritt Island | — | $525,400 (±$37,858) | — |
| Sharpes | 3.2 mi | $295,800 (±$57,894) | Lower |
| Tropical Park | 5.6 mi | $307,100 (±$53,698) | Lower |
| Port St. John | 6.0 mi | $281,300 (±$9,953) | Lower |
| Cocoa | 6.6 mi | $246,100 (±$18,840) | Lower |
| Cocoa West | 7.9 mi | $158,700 (±$51,330) | Lower |
| Cape Canaveral | 8.1 mi | $372,400 (±$24,718) | Lower |
| Rockledge | 9.8 mi | $338,100 (±$9,116) | Lower |
| Titusville | 10 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
| Rank | Place | Median home value |
|---|---|---|
| 1 | Melbourne Beach | $708,400 (±$65,535) |
| 2 | Indialantic | $604,200 (±$38,973) |
| 3 | Grant-Valkaria | $550,400 (±$84,833) |
| 4 | Viera West | $546,600 (±$34,586) |
| 5 | North Merritt Island | $525,400 (±$37,858) |
| 6 | Cocoa Beach | $503,200 (±$41,186) |
| 7 | Satellite Beach | $502,500 (±$34,515) |
| 8 | Malabar | $451,100 (±$22,318) |
| 9 | South Patrick Shores | $443,600 (±$25,527) |
| 10 | Indian Harbour Beach | $440,200 (±$32,928) |
| 11 | June 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Merritt Island CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Merritt Island CDP, Florida
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — North Merritt Island CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — North Merritt Island CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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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