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2025 Compare Cities Housing:
Inverness, FL vs Merritt Island, FL

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Highlights
- The median age of a home in Inverness is 37.1% younger than the median age of a home in Merritt Island.
 Inverness, FLMerritt Island, FLUnited States
 Median Home Age35  Unlock42
 Median Home Cost  Unlock$433,900$338,100
 Home Appr. Last 12 months29.3%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock85.7%57.0%
 Home Appr. Last 10 yrs.175.5%  Unlock101.1%
 Property Tax Rate  Unlock$7.4$11.0
 Homes Owned53.8%  Unlock57.4%
 Housing Vacant  Unlock19.6%11.2%
 Homes Rented28.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Inverness, FLMerritt Island, FLUnited States
 Average Rent  Unlock$1,780$1,840
 Studio Apartment$700  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,120$1,180
 2 Bedroom Home or Apartment$940  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,800$1,860
 4 Bedroom Home or Apartment$1,600  Unlock$2,160
 space1
 Vacant Housing
 Inverness, FLMerritt Island, FLUnited States
 Vacant For Rent  Unlock4.3%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock1.1%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock9.0%3.6%
 Vacant Other4.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Inverness, FLMerritt Island, FLUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.6%2.8%
 $60,000 to $79,99911.9%  Unlock3.9%
 $80,000 to $99,999  Unlock1.6%4.5%
 $100,000 to $149,99936.9%  Unlock11.3%
 $150,000 to $199,999  Unlock12.8%13.0%
 $200,000 to $299,9999.8%  Unlock20.1%
 $300,000 to $399,999  Unlock21.5%13.6%
 $400,000 to $499,9993.0%  Unlock8.3%
 $500,000 to $749,999  Unlock9.6%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.7%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock1.0%1.1%
 space3
 Housing Units By Year Built
 Inverness, FLMerritt Island, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock8.6%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock10.7%13.6%
 1980 to 198929.2%  Unlock13.2%
 1970 to 1979  Unlock16.8%14.8%
 1960 to 196928.2%  Unlock13.6%
 1950 to 1959  Unlock8.7%10.0%
 1940 to 19491.5%  Unlock4.7%
 1939 or Earlier  Unlock0.9%12.2%
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Reviews for Inverness    11 Reviews
Mike · Inverness, FL
Great place but not for everyone
Over 3 years ago

I moved here from St Petersburg last spring. I came here because it’s quiet with very little crime. True there isn’t many stores and restaurants but property is  More

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Lauren · Inverness, FL
Awful if you're not retired
Over 4 years ago

I've lived here for 18 years. Housing is expensive, extra gas tax, no shopping, no nice restaurants, nothing to do, low wages, nepotism is rampant (unless you're a good  More

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Lynda · Lincoln City, OR
Retirement
Over 7 years ago

We are looking at Inverness to decide if that is were we went to move. Any information  More

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Reviews for Merritt Island    5 Reviews
Deborah · Merritt Island, FL
Generally pretty good
Over 11 years ago

It can get hot in the summer, but you get a breeze off the ocean most afternoons. If you live on the waterways, it seems to be a little cooler. Winters are  More

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Bp · Merritt Island, FL
Florida livng
Over 14 years ago

New to the area, but soon to know more. Florida is a sunshine state  More

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sregan7 · Merritt Island, FL
ARCHITECTURE
Over 17 years ago

Coming from Virginia, the Merritt Island architecture leaves a lot to be desired. Hurricane season (June - November) causes me a lot of  More

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Learn More About Inverness, Florida
Overview
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Learn More About Merritt Island, Florida
Overview
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