Merritt Island, FL Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Where is the best place to live in Merritt Island Florida? ›

What are the best neighborhoods in Merritt Island? Some of the best neighborhoods in or around Merritt Island, Florida are Hampton Homes, Angel City and Catalina Isle Estates.

Spring and summer are the best times to sell your house fast - and the best time to get the highest price for your home. Specifically, houses sell for the most in June, followed by May. According to Redfin, the average sale price of homes sold in Florida in 2022 was as follows: June: $410,100.

But more affordable cities in the Midwest have taken the lead. Tampa Bay was Zillow's top housing market of 2022.

Living in Merritt Island offers residents a dense suburban feel and most residents own their homes. In Merritt Island there are a lot of restaurants and parks. Many retirees live in Merritt Island and residents tend to lean conservative. The public schools in Merritt Island are highly rated.

The city of North Merritt Island has extreme risk from flooding. There are 4,181 properties in North Merritt Island at risk of flooding over the next 30 years. This represents 99% of all properties in North Merritt Island.

Housing & Living

Median household income in Merritt Island, FL is $82,172. In 2022, the place with the highest median household income in Merritt Island, FL was Census Tract 691 with a value of $105,682, followed by Census Tract 698.01 and Census Tract 693, with respective values of $105,556 and $87,153.

Typically, winter time is the slowest of the year to sell a property, specifically November, December, and January. However, there are some exceptions because there are several conditions that affect the housing market.

In general, it is expected that 2024 will be a good year to buy a home in some areas of the US, as experts predict that home prices will soften. However, prices are still expected to remain high or even increase in some markets.

Nationally, the best time to sell a house is March if you're trying to sell quickly, while the best time to maximize profit is July. Zillow recommends listing your home for sale in March, but no later than Labor Day, based on historical market trends.

Cape Coral on the state's Gulf Coast was listed as the most overpriced Florida area, ranked third at 38.9%. Other Florida cities on the Top 100 list: Tampa (4th most overvalued), Palm Bay (7th), Lakeland (8th), Orlando (9th), North Port (12th), Deltona (13th) and Jacksonville (25th).

What is the most desirable place to live in Florida? ›

Not only is Merritt Island picturesque, but also it is a great place to live and work, as well as raise a family. The area offers some of the highest-ranked schools in Florida. Plus, the Merritt Island National Wildlife Refuge safeguards 140,000-acre nature sanctuary that plays a role in the local beauty.

The per capita income in Merritt Island in 2018 was $48,751, which is upper middle income relative to Florida, and wealthy relative to the rest of the US. This equates to an annual income of $195,004 for a family of four. However, Merritt Island contains both very wealthy and poor people as well.

Mandatory Evacuations

If you live east of the Indian River Lagoon, then you are on a barrier island and within the mandatory evacuation zone. Barrier island communities include Satellite Beach, Indian Harbour Beach, Indialantic, Melbourne Beach, Merritt Island, Cape Canaveral and Cocoa Beach.

The distance between Cocoa Beach and Merritt Island is 9 miles. The road distance is 8.7 miles. How do I travel from Cocoa Beach to Merritt Island without a car? The best way to get from Cocoa Beach to Merritt Island without a car is to line 9 bus and line 4 bus which takes 52 min and costs $4.

Downtown Merritt Island is a friendly, family-oriented neighborhood known for its convenient location.

The distance between Orlando Airport (MCO) and Merritt Island is 47 miles. How do I travel from Orlando Airport (MCO) to Merritt Island without a car? The best way to get from Orlando Airport (MCO) to Merritt Island without a car is to shuttle which takes 54 min and costs $130 - $190.