Merritt Island Market Report
$716,924
AVERAGE PRICE OF 250 HOMES$2,088,197
AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES$752,999
AVERAGE PRICE OF 40 NEWLY BUILT HOMES$812,393
AVERAGE PRICE OF 156 HOMES WITH A POOL$540,306
AVERAGE PRICE OF 23 REDUCED PRICE HOMESAverage Home
Average Price | $716,924 |
Avg Bedrooms | 3.3 beds |
Avg Bathrooms | 2.34 baths |
Average Price by Bedrooms
1 bedroom | $616,028 |
2 bedrooms | $450,560 |
3 bedrooms | $487,618 |
4 bedrooms | $886,179 |
5 bedrooms | $1,301,290 |
Merritt Island Home Price Trends
1/2023 | 12/2022 | 11/2022 | 10/2022 | 9/2022 | |
---|---|---|---|---|---|
Total Listings | 235 | 244 | n/a | 254 | 255 |
Average Price | $710,519 | $715,211 | n/a | $695,093 | $681,044 |
Avg Price Change | -0.66% | n/a | n/a | +2.06% | -1.60% |
Median Price | $532,494 | $556,018 | n/a | $558,340 | $547,468 |
Med Price Change | -4.42% | n/a | n/a | +1.99% | +0.58% |
Avg Bedrooms | 3.29 beds | 3.33 beds | n/a | 3.34 beds | 3.33 beds |
Avg Bathrooms | 2.29 baths | 2.34 baths | n/a | 2.35 baths | 2.31 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Merritt Island | 238 | $662,553 | 111 days |
Satellite | 8 | $2,378,125 | 162 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 250 | $716,924 | 112 days |
Multi-Million Dollar Homes | 35 | $2,088,197 | 131 days |
Newly Built Homes | 40 | $752,999 | 289 days |
Homes with a Pool | 156 | $812,393 | 119 days |
Reduced Price Homes | 23 | $540,306 | 70 days |