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2025 Compare Cities Housing:
Merritt Island, FL vs Chapel Hill, NC

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Highlights
- The median age of a home in Merritt Island is 31.3% older than the median age of a home in Chapel Hill.
 Merritt Island, FLChapel Hill, NCUnited States
 Median Home Age48  Unlock42
 Median Home Cost  Unlock$550,100$338,100
 Home Appr. Last 12 months26.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock72.2%57.0%
 Home Appr. Last 10 yrs.211.6%  Unlock101.1%
 Property Tax Rate  Unlock$11.1$11.0
 Homes Owned65.2%  Unlock57.4%
 Housing Vacant  Unlock10.1%11.2%
 Homes Rented15.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Merritt Island, FLChapel Hill, NCUnited States
 Average Rent  Unlock$1,730$1,840
 Studio Apartment$950  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,190$1,180
 2 Bedroom Home or Apartment$1,350  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,760$1,860
 4 Bedroom Home or Apartment$2,150  Unlock$2,160
 space1
 Vacant Housing
 Merritt Island, FLChapel Hill, NCUnited States
 Vacant For Rent  Unlock2.5%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.8%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock0.9%3.6%
 Vacant Other4.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Merritt Island, FLChapel Hill, NCUnited States
 Less Than $20,000  Unlock0.7%2.6%
 $20,000 to $39,9991.2%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9991.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.4%4.5%
 $100,000 to $149,9996.5%  Unlock11.3%
 $150,000 to $199,999  Unlock5.0%13.0%
 $200,000 to $299,99921.6%  Unlock20.1%
 $300,000 to $399,999  Unlock16.8%13.6%
 $400,000 to $499,99914.9%  Unlock8.3%
 $500,000 to $749,999  Unlock27.0%9.7%
 $750,000 to $999,9993.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock4.8%2.2%
 $1,500,000 to $1,999,9991.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.7%1.1%
 space3
 Housing Units By Year Built
 Merritt Island, FLChapel Hill, NCUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock18.2%13.6%
 2000 to 20098.6%  Unlock13.6%
 1990 to 1999  Unlock18.3%13.6%
 1980 to 198917.1%  Unlock13.2%
 1970 to 1979  Unlock15.1%14.8%
 1960 to 196910.7%  Unlock13.6%
 1950 to 1959  Unlock7.5%10.0%
 1940 to 19490.1%  Unlock4.7%
 1939 or Earlier  Unlock3.1%12.2%
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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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Reviews for Chapel Hill    16 Reviews
Br · Chapel Hill, NC
Great college town, but not cheap
Over 4 years ago

Between my wife and I, we've lived in Raleigh, Cary, Durham, and Chapel Hill, and it's Chapel Hill we prefer. Franklin Street is always lively with an eclectic mix of  More

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gricelle · Durham, NC
Bert's take on Durham Metro Area
Over 10 years ago

I am not sure if Bert has actually been to the Triangle, but for starters, Durham, as Chapel Hill residents know and envy, is and has been for 5 yrs now a vibrant  More

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jean · Brooklyn, NY
cooler summer in hills nearby?
Over 11 years ago

someone told me they live in the hills/mountains right near chapel hill, and the summers are much cooler there, while the town itself is easily accessible. is this  More

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Learn More About Merritt Island, Florida
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