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North Merritt Island, FL
Full City Profile · Florida · Brevard County County
3.5
/5.0
B+
Good
8,903
Population
528/sq mi density
$113,897
Median Income
$57,425 per capita
$495,400
Home Value
$292,995 Zillow
$1,328
Median Rent
34.8% income on rent
73°F
Avg Temperature
314 sunny days/yr
1,810
Violent Crime/100K
6,299 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$113,897 median income, 3.9% unemployment
A
Affordability
4.2 / 5.0
$495,400 home value, $1,328/mo rent
F
Safety
1.0 / 5.0
1,810 violent crimes/100K (376% above avg)
B+
Education
4.0 / 5.0
37.0% bachelor's degree or higher
Housing Overview
Median Home Value
$495,400
76% above
US avg: $281,900
Median Rent
$1,328/mo
14% above
US avg: $1,163/mo
Homeownership Rate
86.2%
32% above US avg (65.4%)
Total Housing Units
3,792
Median year built: 1995
Home Value by Source
Census Median
$495,400
Zillow (ZHVI)
$292,995
Median Sale Price
$670,000
Median List Price
$679,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.2%
Owner-Occupied
13.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,328/mo
Market Indicators (Redfin)
Median Days on Market
69 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
35.4%
of listings with price reduction
Price Per Sq Ft
$247
Active Inventory
48
homes for sale
Affordability & Housing Stock
Rent Burden
34.8%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
86.2%
Complete Housing Data
Home Values
| Census Median Value | $495,400 |
| Zillow Home Value (ZHVI) | $292,995 |
| Median Sale Price | $670,000 |
| Median List Price | $679,500 |
| Price Per Sq Ft | $247 |
Rent
| Census Median Rent | $1,328 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 69 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 35.4% |
| Homes Sold | 19 |
| Active Inventory | 48 |
| Price Per Sq Ft | $247 |
Ownership & Stock
| Owner-Occupied | 86.2% |
| Renter-Occupied | 13.8% |
| Homeownership Rate | 86.2% |
| Total Housing Units | 3,792 |
| Median Year Built | 1995 |
| Rent Burden | 34.8% |