2025 Compare Cities Housing:
Palm City, FL vs Merritt Island, FL

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Highlights
- The median age of a home in Palm City is 65.5% younger than the median age of a home in Merritt Island.
 Palm City, FLMerritt Island, FLUnited States
 Median Home Age29  Unlock42
 Median Home Cost  Unlock$433,900$338,100
 Home Appr. Last 12 months27.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock85.7%57.0%
 Home Appr. Last 10 yrs.231.4%  Unlock101.1%
 Property Tax Rate  Unlock$7.4$11.0
 Homes Owned76.6%  Unlock57.4%
 Housing Vacant  Unlock19.6%11.2%
 Homes Rented11.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Palm City, FLMerritt Island, FLUnited States
 Average Rent  Unlock$1,780$1,840
 Studio Apartment$1,520  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,120$1,180
 2 Bedroom Home or Apartment$1,930  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,800$1,860
 4 Bedroom Home or Apartment$2,990  Unlock$2,160
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 Vacant Housing
 Palm City, FLMerritt Island, FLUnited States
 Vacant For Rent  Unlock4.3%1.9%
 Vacant Rented0.7%  Unlock0.4%
 Vacant For Sale  Unlock1.1%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock9.0%3.6%
 Vacant Other5.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Palm City, FLMerritt Island, FLUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9990.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.6%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock1.6%4.5%
 $100,000 to $149,9993.6%  Unlock11.3%
 $150,000 to $199,999  Unlock12.8%13.0%
 $200,000 to $299,99916.5%  Unlock20.1%
 $300,000 to $399,999  Unlock21.5%13.6%
 $400,000 to $499,99918.6%  Unlock8.3%
 $500,000 to $749,999  Unlock9.6%9.7%
 $750,000 to $999,9995.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.7%2.2%
 $1,500,000 to $1,999,9990.8%  Unlock0.8%
 $2,000,000 and over  Unlock1.0%1.1%
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 Housing Units By Year Built
 Palm City, FLMerritt Island, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock8.6%13.6%
 2000 to 200920.6%  Unlock13.6%
 1990 to 1999  Unlock10.7%13.6%
 1980 to 198935.2%  Unlock13.2%
 1970 to 1979  Unlock16.8%14.8%
 1960 to 196927.8%  Unlock13.6%
 1950 to 1959  Unlock8.7%10.0%
 1940 to 19490.0%  Unlock4.7%
 1939 or Earlier  Unlock0.9%12.2%
Reviews for Palm City    6 Reviews

Over 4 years ago

Palm City has grown over the last 9 years that we've lived here. It is definitely becoming more crowded. Some dislike this progress because it increases traffic, longer  More

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Over 17 years ago

Palm City Schools are better than any of the private schools I attended. The teachers and faculty show genuine care at every level. "Character Counts" is a campaign that  More

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Over 19 years ago

A great little town to live in for both retired and still working people and families. The best schools, a variety of churches, many glof courses, and handy location  More

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Reviews for Merritt Island    5 Reviews

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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Over 14 years ago

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

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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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