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Merritt Island Market Report

$549,617

AVERAGE PRICE OF 255 HOMES

$339,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,831,476

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$668,107

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$648,578

AVERAGE PRICE OF 144 HOMES WITH A POOL

$940,528

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $549,617
Avg Bedrooms 3.49 beds
Avg Bathrooms 2.45 baths

Average Price by Bedrooms

1 bedroom $219,000
2 bedrooms $256,593
3 bedrooms $386,246
4 bedrooms $620,215
5 bedrooms $846,932
Merritt Island Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings 263 273 306 321 270
Average Price $523,924 $499,645 $496,896 $479,335 $502,041
Avg Price Change +4.86% +0.55% +3.66% -4.74% -3.84%
Median Price $384,944 $389,531 $384,912 $384,900 $390,975
Med Price Change -1.19% +1.20% +0.00% -1.58% -0.89%
Avg Bedrooms 3.43 beds 3.42 beds 3.41 beds 3.41 beds 3.42 beds
Avg Bathrooms 2.44 baths 2.4 baths 2.37 baths 2.35 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Merritt Island 239 $504,738 78 days
Satellite 4 $2,421,250 174 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 255 $549,617 83 days
Distressed Homes 1 $339,900 205 days
Multi-Million Dollar Homes 25 $1,831,476 93 days
Newly Built Homes 32 $668,107 189 days
Homes with a Pool 144 $648,578 75 days
Reduced Price Homes 7 $940,528 50 days
RE/MAX SOLUTIONS
Lindsay Sanger
2235 N. Courtenay Parkway, Suite A
Merritt Island, FL 32953
321-848-8379

The information displayed on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than RE/MAX SOLUTIONS in Florida are marked with the Broker Reciprocity thumbnail. Copyright 2014 Space Coast Association of REALTORS®, Inc. All rights reserved.
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