North Merritt Island · Selling
Selling and buying at the same time in North Merritt Island
Sell first, buy first or together: a plan for your situation, with both closings lined up.
Free · Agents who know North Merritt Island · Every step in one app
North Merritt Island is the northern, more rural part of Merritt Island, near Kennedy Space Center.
Selling one home and buying another at the same time is one of the most stressful moves there is. You are a seller and a buyer at once, with two sets of dates, two sets of paperwork and one big question: what if the timing does not line up? Many people lose sleep over the idea of owning two homes, or owning none.
Read the full guide: selling and buying at the same time, step by step →
What this means in North Merritt Island
- The typical owner-occupied home in North Merritt Island is worth about $525,400, 55% above the Brevard County typical value. At about 6–8% total selling costs, that is roughly $31,500–$42,000 on a typical sale here; your own number depends on your price and mortgage.
- When you move in North Merritt Island: power is usually from Florida Power & Light (FPL), and water from City of Cocoa Utilities. Set up service a week or two before Moving Day.
What’s different for you
- Choose the order. Sell first, buy first, or together, from four questions about your situation.
- Link the closings. Your purchase can wait on your sale so you never own two homes by accident.
- One Moving Day. One plan, one countdown, one money number.
When you start in CloseHive from this page, your plan already includes these steps, along with the usual ones for selling in North Merritt Island. You always see what to do next, and your agent handles the how.
North Merritt Island in numbers
- The typical home here is valued at about $525,400, which is 55% higher than Brevard County as a whole ($339,600).
- The typical home here was built around 1995, about 31 years ago. Ask about the roof's age early, because Florida insurers look at it closely.
- 87% of homes are lived in by their owners, more than the county's 77%. Homes here change hands less often, so good ones can go quickly.
- Owners with a mortgage pay about $2,591 a month in housing costs, $1,317 more than typical rent ($1,274). Many of those owners bought years ago at lower prices, so today's buyers often pay more.
At a typical North Merritt Island price of about $525,000, Florida's deed tax is $3,675 and the owner's title policy is about $2,700. Typical value here is 5.0 times the typical household income, compared with 4.3 for the county.
Questions people ask
What if my sale falls through?
Your plan can make the purchase depend on the sale; your agent explains how for your contract.